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Lot calculation based on stop loss and risk

 Automatic calculation of a trading lot taking into account Stop Loss (in pips) and the percentage of risk from the account balance. The Expert Advisor panel is located on the chart at the top left. On the panel of the advisor, you can select the size of the stop loss in pips and the percentage of risk from the balance. You can set the deviation from the current price in pips for pending orders. The red color indicates the amount in the deposit currency that you can lose when the stop loss is triggered, this amount does not include commissions, swaps and taxes.

   It is advisable to use this advisor for major forex currency pairs, XAUUSD (Gold), BTCUSD, ETHUSD! For other instruments, taking into account the peculiarities of calculations, errors may occur! We recommend accounts with 5 digits after the dot for most forex instruments.

      Description

- Risk of loss. The amount of risk in the deposit currency is indicated in red on the information panel of the advisor. This value will correspond to an open order (or a pending order placed), provided that the margin for the instrument is sufficient for this risk and you have correctly specified the pips size in the SL field (the SL size must not be less than the one allowed by the broker)!

- Stop Loss (points or pips). Brokers may differ in the point value, the number of decimal places, and so on ... Therefore, in order to enter the stop loss correctly, we recommend that you first check and select the appropriate value on your broker's demo account or pending orders. For example, you must select the value 1 ..., 15, 150 or 1500, 15000 ...

- Error. An error is allowed in the calculation, since the lot step has a fixed value, there is price slippage in Mt-4, Mt-5, gaps, and so on ..!

-  Recommendations. We recommend opening positions with a risk of no more than 10%.

- If you have specified a risk that exceeds the allowable margin, the advisor will automatically calculate and open a deal with a lot to use the maximum possible margin!


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This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can
Binance Trade Manager
Andrey Khatimlianskii
5 (2)
Binance Trade Manager — is an utility that allows you to transmit trade orders from your MetaTrader 5 to the Binance exchange. It will suite you if you want to use your favorite MetaTrader 5, getting all the benefits of trading cryptocurrencies directly on the exchange (low commission, high liquidity, absolute transparency, etc.) Binance Trade Manager can work in two modes: copying trades from a demo-account , which your MetaTrader 5 is connected to (cryptocurrencies must be available on this ac
Take a Break MT5
Eric Emmrich
4.71 (14)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Altri dall’autore
Automatic calculation of a trading lot taking into account Stop Loss (in pips) and the percentage of risk from the account balance. The Expert Advisor panel is located on the chart at the top left. On the panel of the advisor, you can select the size of the stop loss in pips and the percentage of risk from the balance. You can set the deviation from the current price in pips for pending orders. The red color indicates the amount in the deposit currency that you can lose when the stop loss is
Forex Expert Advisor (utilità) "Virtual Stop Loss, Trailing Stop" consente di impostare uno stop loss virtuale (nascosto) e un trailing stop. Allo stesso tempo, senza utilizzare ordini stop loss e trailing stop standard. Pertanto, quando il consulente apre un'operazione, il tuo broker e il terminale Meta Trader non vedranno né imposteranno lo stop loss o il trailing stop, ma il consulente controllerà i parametri del TP SL TSL specificato e traccerà le linee corrispondenti sul grafico. ... Quand
Forex Expert Advisor (utilità) "Virtual Stop Loss, Trailing Stop" consente di impostare uno stop loss virtuale (nascosto) e un trailing stop. Allo stesso tempo, senza utilizzare ordini stop loss e trailing stop standard. Pertanto, quando il consulente apre un'operazione, il tuo broker e il terminale Meta Trader non vedranno né imposteranno lo stop loss o il trailing stop, ma il consulente controllerà i parametri del TP SL TSL specificato e traccerà le linee corrispondenti sul grafico. ... Quand
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