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Automatic size calculator

The automatic size calculator (MK01) is a tool that the trader adds on the MT4 chart of each chart and calculates the right lot to enter for each trade while maintaining a certain capital risk for example of 2% (percentage that can be modified from the settings), therefore allows you to manage the capital for each trade executed on the market and allows you to keep the total of possible losses / gains under control, as it updates in real time the total risk that would be lost if all operations go to StopLoss (very useful for managing of the specified capital).

It is a very useful program for trading newbies but also for professionals to calculate precise earnings in terms of fighting. Personally I created this program for the challenges for Prop Firms that require good capital management as they impose daily stoplosses and therefore only those who have good capital management for each trade but also for the total capital are able to overcome these challenges.

The program calculates exactly the lot for each trade taking into account the percentage of risk for each trade. It has a very simple interface and you just need to know where to put the stoploss and takeprofit and the program calculates everything by entering the market directly with security in terms of capital management.

Furthermore, the program has the ability to manage the trade over time, as it is able to:

  1. Move the StopLoss into profit after a certain number of pips set by the trader in the interface. 
  2. If you insert more TakeProfits, the program is able to automatically divide each time the price exceeds that certain level set by the user. 

All this happens thanks to a simple and direct interface thanks to a window in which the settings are set and thanks to the formation of a line on the graph to identify the key levels for StopLoss, TakeProfit, and partial tp.

Settings:

  1. Type of operation: Sell, Buy, Selllimit, sellStop, Buystop, Buylimit 
  2. How much you want to risk as a percentage for each trade 
  3. On which capital to calculate the risk: BALANCE, MARGIN, EQUITY 
  4. Specify if you want to execute the trade automatically (YES), or only know the size with which to enter the market (NO). 
  5. Number of TPs to be set for each trade for example 2 TP -> one partial, the other total. 
  6. Set after how many Pips to move the SL into profit or to what type of RR after which to move the SL into profit. 

Buttons:

  1. Draw: draw lines on the chart to set the price of the SL and partial TPs  
  2. Trade: executes the trade set with "Draw" on the market if "Yes" has been set in Operation, or calculates the entry size. 
  3. Delete: delete all lines in the graph. Window: 

The window below the buttons shows the value of:

  1. Balance: account balance updated in real time 
  2. Free margin: free margin of the account updated in real time  
  3. Equity: Equity of the account updated in real time 
  4. TotalTarde: number of trades in execution at the market and pending 
  5. RisckStatic: the total risk that would be lost IF ALL THE OPERATIONS OF THE ANACOUNT GO TO SL 
  6.  Drawdown: the total of the drawdown of the account updated in real time. 

The program currently works on all Forex pairs, gold and the USTEC. It will be possible to make future updates for example create a function that acts as a trailingstop after a certain value of Pips.

I would like to clarify that the strengths of the program are the speed in calculating and executing the various trades, the precision in calculating the size of the trade in accordance with how much you want to risk. Its calculation speed is also suitable for scalping while always maintaining capital management.


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Dedicated for FTMO and other Prop Firms Challenges 2020-2024 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
Transaction Repeater Full
Alexandr Bryzgalov
5 (5)
Copies transactions between MT4 terminals. Possibilities: quick copy start minimum processor load direct and reverse (reverse) copying. copying Take Profit and Stop Loss levels copying deferred and their changes copy transactions one to many copy trades many to one local copy only Attention: The product is designed for copying trades only within a single computer or VPS with access to the desktop. The product will not work on the built-in Virtual Hosting of the terminal. We will help you set up
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Binary Options Copier Remote is an EA that allows to copy binary options trades between MT4 accounts at different computers. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. Provider can give free bonus license to 10 receivers. That means those 10 receivers can copy from provider by using Binary Options Receiver Free (no cost). From 11th one, receiver have to buy Binary Options Receiver Pro (paid version) in order to copy from
Price Action DashBoard
Chantal Sala
4.17 (6)
The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The
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LucasEthan
14
LucasEthan 2021.07.14 19:08 
 

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OliverMason
14
OliverMason 2021.07.14 18:52 
 

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Gianni Ciao
18
Gianni Ciao 2021.07.14 18:42 
 

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Respuesta al comentario
Versión 1.1 2021.07.14
Improved the Design and reporting of any errors