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Specifiche
I need a script that can automatic calculate the volume needed for a trade to my desire take profit amount
Example:
I want to open pending order of buying EURUSD with the following prices. Take profit amount: $100.
To input:
Type of order to choose : (Buy Stop or Buy Limit or Sell Stop or Sell limit) - to choose from drop-down menu
Profit target: ($100) - to key in manually
Entry price: (1.10000) - to key in manually
Take profit: (1.10050) - to key in manually
Once key in the data, pending order will be open with volume calculated automatically. In this case it will be
" size: 2.0 / Entry Price: 1.10000 / Take profit: 1.10050 "
I am trading the following currency:
USD / JPY / CAD / NZD and others
Please take note that different currency have different price* (or size), the script must be able to calculate accordingly to my TAKE PROFIT AMT. if i want take profit $100, MEANS i want take profit $100. the size must be correct.
*example for a size 2.0, EURUSD is $20 per pip, but EURJPY will be around $17.73 per pip and EURCAD will be around $16.06 per pip and EURNZD will be around $13.88 etc etc
Script must be able to auto calculate according to market price and NOT LIKE THE FOLLOWING:
Example (ERROR IN CALCULATION)
I want to open pending order of buying EURNZD with the following prices. Take profit amount: $100.
To input:
Type of order to choose : (Buy Stop or Buy Limit or Sell Stop or Sell limit) - to choose from drop-down menu
Profit target: ($100) - to key in manually
Entry price: (1.10000) - to key in manually
Take profit: (1.10050) - to key in manually
If the pending order is as below, IT WILL BE WRONG !!!!!!!!!!!!!!!
" size: 2.0 / Entry Price: 1.10000 / Take profit: 1.10050 "