Thank You to all coders who go out of their way to help others. May God Bless You.
Could someone please post an indicator which can automatically Calculate a Lot Size that will breakeven (or +x pips profit) from the Current Losing Trade?
For Example:
If my current trade is losing 10 pips/ at Lot size 0.01 and I want to breakeven at 2 pips, I will open another Lot at 0.05. If it hits +2 pip take profit I will recover my losing trade and have it at breakeven.
0.01 is 1 pip
0.05 = 5 pips
I'm losing 10 pips so I need 0.05 x 2 =10 pips.
I hope this is clear.
Please if anyone could post this kind of indicator I would be very grateful.
Thank You in advance.
Could someone please post an indicator which can automatically Calculate a Lot Size that will breakeven (or +x pips profit) from the Current Losing Trade?
For Example:
If my current trade is losing 10 pips/ at Lot size 0.01 and I want to breakeven at 2 pips, I will open another Lot at 0.05. If it hits +2 pip take profit I will recover my losing trade and have it at breakeven.
0.01 is 1 pip
0.05 = 5 pips
I'm losing 10 pips so I need 0.05 x 2 =10 pips.
I hope this is clear.
Please if anyone could post this kind of indicator I would be very grateful.
Thank You in advance.
May Peace & Blessings Of The Almighty God Be Upon You.