Risk Calculator Deluxe MT4 by PhipsProduktion

Fast, Efficient, Precise, simply DELUXE.

With the Calculator from PhipsProduction you have your risk under control with just a few clicks.

Thanks to the easy handling and the visual risk area, the calculator is not only perfect for experienced traders, but also a must for new market participants.

The program is suitable for all MetaTrader account currencies and common markets. (except bonds of all kinds)


Calculator for MT5: https://www.mql5.com/en/market/product/81428?source=Site+Profile


Many new functions await you with the Deluxe Calculator.

-Thanks to the new pre-calculation, you can see the volume, risk, profit and margin you expect for this position before you open it.

-Both market orders and pending orders will be priced accurately.

-Price lines that have already been set can now be moved dynamically.

-Especially the margin check of the DELUXE Calculator is very interesting for active traders.

  This adjusts the position size based on the specified maximum margin, which is based on the account balance and the margin already invested.

  On the other hand, there is the option of specifying the proportion of the account balance that may be invested per order.

-In addition, a take profit can be set when opening a position, which is automatically calculated after the stop. (chance-risk ratio)


Application:

1. Check inputs

2. Choose the type of order

3. Double click on the price level where you want your stop loss to be

4. Check confirmation line and pre-calculation

5. Arrow key down -> The confirmation line is reset

    Arrow key up -> The order is calculated and set according to the risk specified.

6. Let profits run.




Hot Keys:

Arrow key up:     confirm and set order

Arrow key down: Reset confirmation line

Arrow key right:  switch overlay on/off

F7 key:               Open Inputs

P key:                 Set pending order

M key:                Set market order

Hash key # :       Exit program


Attention:

If the margin calculation is inaccurate:

-> Activate Leverage Manual

-> Compare the level variable with your broker's contract specification


Before you start the calculator, make sure that algo trading is allowed!

If something is wrong, the program communicates with you at the top of the chart what to do.


Inputs:

Risk calculation

+Calculation: Type of risk calculation

                      - amount of money: risk according to specified fixed amount of money

                      - Percentage: risk as a percentage of the account balance

+amount:       fixed amount of money that is risked

+Percentage: Percentage that is risked

+precision: Accuracy of the calculation, more important for smaller accounts (e.g. the calculation shows that 0.017 lots should be traded)

     - cut:     the risk may be smaller than specified   (0.01 lots are traded in the example)

     - round: the risk may be higher than specified     (0.02 lots are traded in the example)


margin check

+MarginMode: how the margin check is calculated

                       -fixed: uses account balance and margin value -> ignores open positions

                       -flowing: uses equity and free-margin value -> uses open positions (profits and losses)

+AccountMargin:  Percentage of the account balance, which may not be exceeded by the margin

+MarginCheck:     if active, an order-bound maximum margin is also calculated

+MarginPercentage: percentage of the account balance that may be invested for the order bound margin


TradeOptions

+TakeProfit: If active, a take profit in relation to the stop loss range is set on opening. (reward risk ratio)

+ChanceRiskRation: The ratio in which the take profit is set. (e.g. 100 points stop loss * 2.5 ChanceRiskRation = 250 points take profit)

+OneTrade: If active, only one position per market/symbol can be set

+OverRisk:  If active, positions whose stop-loss exceeds their specified risk can still be opened.

                   In this case, the smallest possible trading volume is traded.

+RiskAreaColor: Color of the risk area

+RiskAreaStyle:  Risk area style



If you have any questions, ideas or requests, please feel free to contact me. I am looking forward to your feedback.


Have fun and good trades,

Philipp Wilhelm, PhipsProduction.


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News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
DrawDown Limiter MT4
Haidar Lionel Haj Ali
5 (8)
Expert Advisor "Drawdown Limiter"  Vous êtes au bon endroit si vous recherchez un contrôle de drawdown, un limiteur de drawdown, une protection du solde, une protection de l'équité ou une limite quotidienne de drawdown en rapport avec les entreprises de gestion de capitaux (Prop Firm), FTMO, My Forex Fund, ou si vous souhaitez protéger votre compte de trading. Avez-vous déjà eu du mal à contrôler votre drawdown en tradant sur des comptes financés ? Cet EA est fait pour vous. Les entreprises de
Trader Evolution MT4
Siarhei Vashchylka
5 (2)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
Close by percentage MT4
Konstantin Kulikov
5 (1)
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
Becktester Telegram Signals — Turn Telegram Signals into Real Backtests Automatically read signals from real Telegram channels , parse them (Buy/Sell/Entry/SL/TP), and backtest in MetaTrader 4 Strategy Tester . Verify parsing first with Live Parsing Test Mode . Important Information After purchasing the product, please leave a comment on the product page, and I will send you the Telegram Signal History Parser file. This file is not publicly available at the moment and is provided only to verifi
AW Workpad
AW Trading Software Limited
3.67 (3)
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
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Close Assistant
Gheis Mohammadi
5 (2)
Close Assistant (CA)  is a full featured utility for monitoring and closing a set of positions placed by trader or EA. It closes filtered orders in specified time or level or candle patterns or when a certain profit or loss of the total positions is reached. CA uses Zero Profit Lock function to save deposit when total profit falls to zero. Profit and loss levels can be set in fixed amount of account currency or percentage of balance or equity or margin. CA only monitors and works on filtered po
Ultimate Extractor - Professional Trading Analytics for MT4 Ultimate Extractor transforms your MetaTrader 4 trading history into actionable insights with comprehensive analytics, interactive charts, and real-time performance tracking. Ability to combine multiple accounts and MT4 and MT5 into a single dashboard. What It Does Automatically analyzes your MT4 trading history across all Expert Advisors and generates detailed HTML reports with interactive visualizations. Tracks live performance metric
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Fast, Efficient, Precise, simply DELUXE. With the Calculator from PhipsProduction you have your risk under control with just a few clicks. Thanks to the easy handling and the visual risk area, the calculator is not only perfect for experienced traders, but also a must for new market participants. The program is suitable for all MetaTrader account currencies and common markets. (except bonds of all kinds) Many new functions await you with the Deluxe Calculator. -Thanks to the new pre-calculatio
Fast, Efficient and Precise. With the Calculator from PhipsProduction you have your risk under control with just a few clicks.  Thanks to the easy handling and the visual risk area, the calculator is not only perfect for experienced traders, its also a must for new market participants. The program is suitable for all Account Currencys and common MetaTrader markets. (except bonds of all kinds) To the Deluxe Edition:  https://www.mql5.com/en/market/product/82955?source=Site+Profile Calculator for
Fast, Efficient and Precise. With the Calculator from PhipsProduction you have your risk under control with just a few clicks.  Thanks to the easy handling and the visual risk area, the calculator is not only perfect for experienced traders, its also a must for new market participants. The program is suitable for all Account Currencys and common MetaTrader markets. (except bonds of all kinds) To the Deluxe Edition:  https://www.mql5.com/en/market/product/81428?source=Site+Profile Application:
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