I want to greet the whole FF community through a little code I wrote for the occasion.
I have been dealing with markets since 2004 and I must say that in many years of study and research I have always hated indicators that,"in a poke", only give you back the information that the creator has chosen. So I thought of making one that contained most of the indications that a trader usually uses to keep the different key parameters under control.
The indicator is fully customizable, this means that you have all the convenience of choosing only the indications you prefer to the detriment of others that you don't consider particularly important to have on the monitor.
It's possible to choose the 4 corners, the font, the font size and many other finishes.
I would like to deal with a few more details on two particular parameters that, besides the classics, I consider really important:
Pips To Tradeout
returns, in the event that one order is opened at a time within the portfolio, how many pips are necessary for the broker to exercise the tradeout, in the event that more trades not of the same asset are opened within the portfolio the value isn't to be taken into consideration, as it's incorrect.
In case you are trading only on a single asset, the calculation is right even if you add more trades.
Using n% Leverage
this parameter returns the size to use if you want to exploit a certain percentage of leverage.
Example:
I have a balance account of $ 856.00 and I want to use 60 % of my leverage, the formula is
The result will be the exact size that must be used to open the new trade.
For any further questions don't hesitate to ask, it's really a pleasure for me to be part of this community!
Alfredo
I have been dealing with markets since 2004 and I must say that in many years of study and research I have always hated indicators that,"in a poke", only give you back the information that the creator has chosen. So I thought of making one that contained most of the indications that a trader usually uses to keep the different key parameters under control.
The indicator is fully customizable, this means that you have all the convenience of choosing only the indications you prefer to the detriment of others that you don't consider particularly important to have on the monitor.
It's possible to choose the 4 corners, the font, the font size and many other finishes.
Attached Image
Attached Image
I would like to deal with a few more details on two particular parameters that, besides the classics, I consider really important:
Pips To Tradeout
returns, in the event that one order is opened at a time within the portfolio, how many pips are necessary for the broker to exercise the tradeout, in the event that more trades not of the same asset are opened within the portfolio the value isn't to be taken into consideration, as it's incorrect.
In case you are trading only on a single asset, the calculation is right even if you add more trades.
Using n% Leverage
this parameter returns the size to use if you want to exploit a certain percentage of leverage.
Example:
I have a balance account of $ 856.00 and I want to use 60 % of my leverage, the formula is
Inserted Code
{ [ (856.00 / Margin Asset Required) / 100] * MyPercent}
For any further questions don't hesitate to ask, it's really a pleasure for me to be part of this community!
Alfredo
Attached File(s)
Info Object Solution.ex4
44 KB
|
86 downloads