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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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MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
NickZ Tool
Nicolas Zouein
This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.
Auto Trade Copier
Vu Trung Kien
4.71 (92)
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
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 MetaTrade
Simplify Your Transactions with Risq Manager Access the Function Guide Access the MT5 Version (coming soon) In the world of trading, where prices can change in a split second, placing orders needs to be as straightforward as possible. If you use Metatrader, you've likely noticed that each time you want to open an order, you must manually enter multiple details: the entry price, stop loss (SL), take profit (TP), and the size of the trade. For a trader, protecting and growing capital is paramount.
Price Action Trade Panel EA MT4
Juvenille Emperor Limited
5 (2)
Price Action Trade Panel MT4 calcola il saldo del livello della forza di acquisto/vendita di qualsiasi simbolo/strumento, sulla base dei dati puri sull'azione del prezzo delle candele passate specificate (8 per impostazione predefinita). Questo ti darà il sentimento di mercato più vicino possibile monitorando l'azione del prezzo di 32 simboli/strumenti disponibili sul pannello dell'indicatore. Un livello di forza di acquisto/vendita superiore al 60% fornisce un livello abbastanza solido per l'a
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
News Trader Pro
Vu Trung Kien
4.41 (17)
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
Take a Break
Eric Emmrich
5 (27)
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
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 fo
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
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-calculati
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Versione 1.1 2022.06.20
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