Lot Size Risk Manager

Why do you need this script?

If you place lots of orders and re-calculate your risk for every order you placed, you definitely need such a script.

This script places one or (optional) two different orders with the following script inputs.


Utility parameters

  • Operation Type - "Buy","Sell","Buylimit","Selllimit","Buystop","Sellstop"
  • Price - Entry price of the order(s).
  • Stop Loss - Stop Loss of the order(s).
  • Take Profit 1 - Take Profit of the first order.
  • Take Profit 2 - Take Profit of the second order. (optional)
  • Risk Ratio % - Places new order(s) according to this Risk Ratio (%) of Free Margin
  • Comment - this comment will be displayed on the orders of the Trade window.


Calculation Example

Assume we need to open an order NZDJPY

  • Price: 81.720
  • Stop Loss: 80.900
  • Risk pips: 81.720 - 80.900 = 820 pips. (x)
  • Free Margin: 1280 $
  • Risk Ratio %: %2
  • Risk Amount: 1280 $ * %2 = 25.6 $ (y)
  • Ask (USDJPY): 113.672 (z)

Lot = (y * z) / ( x * contract size(NZDJPY) )

If Only Take Profit 1 is determined lot value is equal to above calculated Lot.

If Take Profit 1 & Take Profit 2 are determined 2 positions are placed with Lot / 2 and have the same Stop Loss values.

It is totally free, no time, no lot, no parity etc. limitations.

Please report any bug issue or free development request (volkanyurci@gmail.com) upon your needs.

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Tawanda Tinarwo
5 (2)
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Crystal Trade Manager Pro MT4
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Utilitaires
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Vu Trung Kien
4.76 (84)
Utilitaires
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
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AW Trading Software Limited
3.67 (3)
Utilitaires
AW Workpad est un panneau de contrôle de trading multifonctionnel conçu pour le trading manuel et semi-automatique. Il vous permet de gérer les commandes en attente, les positions de marché, fournit un large éventail de données statistiques, ainsi qu'une analyse multi-période d'un groupe d'indicateurs classiques. L'utilitaire est représenté par cinq onglets : POSITIONS, PENDING, CLOSE, INDICATORS, INFO. Chaque onglet a son propre groupe de fonctions pour le traitement des commandes ou des inform
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Trinh Dat
5 (4)
Utilitaires
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
ManHedger MT4
Peter Mueller
5 (2)
Utilitaires
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Biswarup Banerjee
Utilitaires
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Volkan Yurci
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If you need to follow more than 1 open position , you would ike to use this simple TrailingStop EA. Input 1 You have 4 options to set the TrailingStop , Follow the positions of the graph's symbol. Follow a position that has a given ticket number. Follow the positions that has a given Magic number. Follow All the positions. Input 2 Ticket Number ( if 2nd option is selected as input 1) Input 3 Magic Number ( if 3rd option is selected as input 1) Input 4 Trailing Stop amount in Pips  Input 5 2
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Jessy
174
Jessy 2019.08.08 23:16 
 

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jagorz
15
jagorz 2018.01.22 16:51 
 

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