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Lot by Risk

The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders.
The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.

 

Control lines are set using hot keys:

take profitT key by default;

priceP key by default;

stop lossS key by default;

You can configure the keys in the settings of the trading panel.

 

Algorithm:

1) – place the levels in the desired locations (it is not necessary to place all the levels);

2) – specify the risk (optional);

3) – click the green send order button;

4) – wait for the order to be placed, or an alert will appear with an error message;

5) – if we want to close all orders for the current symbol that are linked to the expert Advisor by magic, then click the close orders button.

Do not click the send order button many times. Once is enough. After placing an order, the button will take the "not pressed" state.

To send an order with risk calculation, you must set the stop loss line and set the risk in the "Risk" field of the trading panel. Otherwise, the order will be placed with the minimum lot for the current trading instrument.

The risk is calculated from the account balance. You will not be able to make 100% risk due to the broker's restrictions related to the specifics of margin trading.

Fractional numbers are allowed in the" Risk " field (for example, you can trade at a risk of 0.5% of the balance).

If the specified risk is lower than the allowed lot, the order will be placed with the minimum lot for the current trading instrument.

To place an order on the panel, you must have a take profit or stop loss line.

If you do not place the price line, the order is placed by the market.

If stop loss is not set, orders will be placed with the minimum lot for the current trading instrument.

If stop loss is specified, but the Risk is not specified in the "Risk" field, the order will also be placed with the minimum volume.

Pending orders are placed indefinitely.

To trade the minimum lot, simply delete the contents of the "Risk" field.

 

Inputs:

magic = 111 – the magic number for orders;

slippage = 5 – slippage for market orders (set in pips);

comment = “ ” – comment on the placed orders;

font = 7 – font for graphic objects;

HK_TP = “T” – hotkey for the take profit control level (only A-Z, a-z, 0-9);

HK_SL = “S” – hotkey for the stop loss control level (only A-Z, a-z, 0-9);

HK_PR = “P” – hotkey for the price open control level (only A-Z, a-z, 0-9).

 

important!!!

1) the hotkey characters must differ from each other.

2) to place a order, you must have a take profit OR stop loss line.


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The program allows you to locally copy transactions between different MetaTrader 4 and MetaTrader 5 accounts in any direction and quantity as quickly and easily as possible, the program works on " Windows   PC " and " Windows VPS ". Any type of copying is available MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * For copying between different MT4 ↔️ MT5 terminals, you need to purchase two versions of   Fast Copy MT4  +  Fast Copy MT5 How the program works The program copies transactions between two
55 USD
Smart Ruler
Serhii Shevchuk
This is a convenient tool for measuring the number of points between prices. It support magnetizing to OHLC prices. Calculates profit considering specified lot size and spread (optionally). It counts the number of bars between specified point and the time difference between them. Calculates the slope angle from the horizontal position. Unneeded parameters can be hidden. It does not occupy much space when inactive. Once you add the indicator on the chart, Ruler caption will appear (according to s
10 USD
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