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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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Trade Assistant is a trading panel designed for manual trading. The main function of the panel is to set orders and positions using pre-marking in the form of graphic lines on the chart, according to the rule (risk / reward ratio). Key features of the panel It works with any trading instruments - currency pairs, CFDs, stocks, indices, futures, cryptocurrencies. Setting stop loss and take profit as the distance in points. Marking lines of the order: entry, stop loss and take profit can be move
60 USD
Trade copier MT4
Alfiya Fazylova
Trade Copier is a professional utility designed to copy and synchronize deals between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which is installed on the same computer or vps. This utility does not work in the strategy tester. To test the utility before purchasing, use the free demo version:   Trade Copier MT4 Demo . The main features and features of the utility: Supports copying МТ4> МТ4, МТ4> МТ5, МТ5> МТ5, МТ5> М
30 USD
Ultimate No Nonsense Backtester
I Kai Wu
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Join the   discord   for this backtester, you can have my direct support on there. Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that
84.99 USD
Signal Multiplier MT4
Pavel Kolchin
The program allows you to automatically increase the volume of the lot received from any source by a specified value in the same terminal, on the same account, a program for working on " MQL VPS ", " Windows PC " and " Windows VPS ". The source can be any advisor program, manual trading, a trading signal MetaTrader 4  — Signal Multiplier MT4 —  https://www.mql5.com/en/market/product/23721 MetaTrader 5  — Signal Multiplier MT5 —  https://www.mql5.com/en/market/product/23719 How the program work
35 USD
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