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Trade Easily

FREE

Published: 29 January 2022

Current version: 1.10

Trade Easily

Utilities
Mehrdad Zarei
Version: 1.10
Updated: 25 August 2022

Money Management will help you to Easy Trade with One Click, instance and pending, set SL, and manage number of your TP.

You can use this expert for different currency pairs, CFDs, cryptocurrency, and stocks.

The basic formula for calculating pip value and position size which has been used in this expert are:

Pipette Value = Position Size * (Exchange Rate (Base Currency) / Entry Price) * Contract Size * Digits

Exp.

Account Currency: USD

Currency Pair: GBPJPY

Position Size: 0.05 Lot = 5000 units

Exchange Rate (Base Currency) [GBPUSD]: 1.36820

Entry Price: 156.221

Contract Size: 100000

Digits: 0.001

Pipette Value = 0.044 $

Pip Value = Pipette Value * 10 = 0.44 $

Position Size = (Risk * Net Balance * Entry Price) / (Stop Loss * Exchange Rate (Base Currency) * Contract Size * Digits)

Net Balance = Account Balance – Commissions and Swaps of all open positions

Exp.

Account Currency: USD

Currency Pair: GBPJPY

Risk: 2 % = 2/100 = 0.02

Account Balance: 1000 $

Entry Price: 156.221

Stop Loss = 500 pipette (points)

Exchange Rate (Base Currency) [GBPUSD]: 1.36820

Contract Size: 100000

Digits: 0.001

Position Size = 0.04567 Lot = 4567 units

if you have any question feel free and ask me.

more...

maryam rostami 2023.09.13 11:47 #

After a few days of using this expert, I must say it's truly excellent. It is both highly efficient and accurate while remaining very simple. I've tried many experts, but in my opinion, this one is the best of them all. I'm very thankful to its creator.

167

Rich8989 2023.07.16 15:55 #

Its a very useful and excellent tool. Thankyou very much, Bro for your generosity.

clarky 2022.12.26 23:48 #

Excellent tool. No problem scalping. Saves a lot of time and effort. Easy to set up. Perfect for taking the TS out of the equation. Thank you.

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Money Management will help you to Easy Trade with One Click , instance and pending, set SL, and manage the number of your TP . You can use this expert for different currency pairs, CFDs, cryptocurrency, and stocks . The basic formula for calculating pip value and position size , which has been used in this expert, are: Pipette Value = Position Size * (Exchange Rate (Base Currency) / Entry Price) * Contract Size * Digits Exp. Account Currency: USD Currency Pair: GBPJPY Position

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Filter:

maryam rostami 2023.09.13 11:47 #

3991

Reply from developer Mehrdad Zarei 2023.09.14 10:55 #

Happy to hear that! enjoy trading,
Mehrdad Zarei.

167

Rich8989 2023.07.16 15:55 #

Its a very useful and excellent tool. Thankyou very much, Bro for your generosity.

3991

Reply from developer Mehrdad Zarei 2023.07.27 20:40 #

Happy to hear that! enjoy trading,
Mehrdad Zarei.

clarky 2022.12.26 23:48 #

Excellent tool. No problem scalping. Saves a lot of time and effort. Easy to set up. Perfect for taking the TS out of the equation. Thank you.

3991

Reply from developer Mehrdad Zarei 2023.01.13 10:17 #

Happy to hear that! enjoy trading,
Mehrdad Zarei.

454

Samir Nahle 2022.07.01 14:49 #

Hello Brother, thank you a lot for this necessary and handful tool. I wish it had also the REVERSE option for scalping and HFT (high frequency trading) where we need speed and we have only seconds to push the button.

3991

Reply from developer Mehrdad Zarei 2022.07.01 15:10 #

Hello bro, thank you so much for your nice idea. hopefully, the next revision would be added.

Version 1.10 2022.08.25

1. Shortcuts for Buy and Sell have been added: b for Buy and s for Sell
2. Set default Pending value 0 or 1
3. Debugging pending price line position (now is set in the middle of char)
4. Set Position of Expert anywhere you want by pixel
5. Now, you can set your Risk by an amount, not just a percentage
6. Set default Risk value by percent or value
7. Set default SL(points) value
8. Set your TPs value based on SL. For example TP_V1 = 1.5, it means your TP1 = 1.5 * SL