Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

How to calculate forex position sizing / lot sizing 17 replies

MT4 plugin for simultaneous trade on friend's account? 1 reply

BUY run profit 1 lot, SELL LIMIT 2 LOT down again n BUY 1 lot - EA Reqd 5 replies

Help with Lot sizing 3 replies

IBFX Lot sizing 10 replies

Attachments: MT4 Order Plugin: Trade by lines with risk based lot sizing
Exit Attachments

MT4 Order Plugin: Trade by lines with risk based lot sizing

Hi Sangmane,

Buddy you rock. This code helps us to focus on price action and fast execution basis the risk $ amount in our mind. We dont waste time calculating the lot size. Excellent stuff!!!!! Just curious to know how do u calculate lot size? whats the formula? I hope it works fine for all pairs including USD/JPY

Try to include text for $risked and $Takeprofit on the chart. This will help us know risk:reward easily and adjust it accordingly.

Regards,
Ashish
I understand Sangmane has to find time between his own trading and answering the numerous questions that is been asked by traders about his wonderful easy order tool. Other experienced programmers on this thread please kindly include scripts into the easy order that will enable it create more take profit levels.

I observed that alot of we traders spend quality amount of time seeking for a good trade setup, but when the opportunity arrives, we are too quick to take our profit, with more take profit levels we will be able to reduce this tendency, as we can take the first profit and scale out at other levels on our chart.

For example yesterday I sold the EUR/USD at 1.2827, using a 20 pip stoploss, with a first target at 1.2750 for an initial profit of 70pips, second target at 1.2700 and third target at 1.2655. If the easy order indicator has more take profit levels, it will make the job alot easier.

There are fundamental considerations that suggest these pair may drop to as low as 1.20 and 1.15, with more take profit levels we may choose to remain in the trade and close out our position along the way.

Someone please code it. Happy Trading!
Hallo sangmane,

thank you for your work - Kudos to you!
I just tested the version for non USD account currency works fine.

Following the previous speakers I would also appreciate a "show R/R" text on the S/L Line and multiple entries function (like a number-of-entries-box under the risk-box with an additional field to define the distance between the S/L positions, so they don't overlap in the beginning)

Maybe some day you will find time for additional features. Anyway great work, I was looking for something like this for some time.

Kind regards
PG
Anyone having problems with initialising easy order? Tried to place a trade as normal today and it wont let me drag from the navigator onto the chart... Just looked at mt4 build and its on 745... Anyone have any issues?
Quoting NaughtyPip
Anyone having problems with initialising easy order? Tried to place a trade as normal today and it wont let me drag from the navigator onto the chart... Just looked at mt4 build and its on 745... Anyone have any issues?
it works here, Alpari UK
Quoting sangmane
{quote} it works here, Alpari UK
Hello sangmane,

Just toady I downloaded (EasyOrder 2014.02.07.zip) and installed read couple of comments to get sreipt work

Installed package as you describe in your post #675

Install Microsoft Visual C++ 2008 Redistributable Package
- 32-bit: http://www.microsoft.com/en-us/downl...ils.aspx?id=29
- 64-bit: http://www.microsoft.com/en-us/downl....aspx?id=15336

But unfortunately I am not able to run.
When I drug “EasyOrder to chart see what message I get on expert tab.

Please see the image attached. And need your suggestions to get it work

Thanks And Regards,
Moti
Attached Image (click to enlarge)
Click to Enlarge Name: EasyOrder.JPG Size: 174 KB
Quoting Motiram
{quote} Hello sangmane, Just toady I downloaded (EasyOrder 2014.02.07.zip) and installed read couple of comments to get sreipt work Installed package as you describe in your post #675 Install Microsoft Visual C++ 2008 Redistributable Package - 32-bit: http://www.microsoft.com/en-us/downl...ils.aspx?id=29 - 64-bit: http://www.microsoft.com/en-us/downl....aspx?id=15336 But unfortunately I am not able to run. When I drug “EasyOrder to chart see what message I get on expert tab. Please see the image attached. And need your suggestions...
Hello Moti,

If you can see EO window, it means it's installed correctly. To start using it, click the "New Order" dropdown list and select the order.

Best,
S
Quoting sangmane
{quote} Hello Moti, If you can see EO window, it means it's installed correctly. To start using it, click the "New Order" dropdown list and select the order. Best, S
Thank you sangmane, Yes it works it is bit tricky, EO place the order according to selected risk % factor perfectly.

Now I have two questions.

1) I do not see the placed orders in the terminal window (as like others pending orders)
2) What function do have EasyOrder_Close, EasyOrder_Draw, & EasyOrder_Submit. When I place them I do not see any movement

Please can you clarify these 2 questions I will be grateful for your help

Thanks And Regards,
Moti
1. Did you click the "Submit" button?
2. You only need to attach EasyOrder script once for every chart. The other scripts are called by the plugin.
Quoting sangmane
1. Did you click the "Submit" button? 2. You only need to attach EasyOrder script once for every chart. The other scripts are called by the plugin.
Thank you sangmane, for you kind help I do understand well now it is working perfect. excellent work

Thanks And Regards,
Moti
Hi Sangmane,

First I want to say AWESOME JOB. and THANK YOU. Makes my life soooooo much easier.

I wonder if you can help me with my little dilemma.
I am trading on MT4 HotForex V 4.0 Build 745 When I installed the Easy Order on my PC all is well and running. Path on my PC is E:\Program Files (x86)\HotForex MetaTrader. But when I installed it on my VPS with the same files with the same HF Mt4 version same everything. The only difference is operating system Windows Server 2008 R2 and path C:\Users\Administrator\AppData\Roaming\MetaQuotes\Terminal\F354DCCD667FB40D8D6DE5A4406D8652.
Also my friends with Windows 8 and similar path as above can't seem to make it work. Every time we try to drag the EO on screen we get the below message.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 13 KB

I have also installed Microsoft Visual C++ 2008 Redistributable Package but it didn't help. Any ideas?

Thank you!!!
JJ
Hi Sangname
I downloaded your toy last monday and after test it, i only can say it's fantastic and very easy to use.
Nevertheless, I want to report you an error I noticed: In trades based on Risk %, the script doesn't calculate the lot size property when the account isn't in dollars (mine is in euros).
Thanks for sharing this little piece of art.
Quoting antoniomago
Hi Sangname I downloaded your toy last monday and after test it, i only can say it's fantastic and very easy to use. Nevertheless, I want to report you an error I noticed: In trades based on Risk %, the script doesn't calculate the lot size property when the account isn't in dollars (mine is in euros). Thanks for sharing this little piece of art.
scroll some pages back, you'll find a modified file
ragards
Quoting PipitoGrillo
{quote} scroll some pages back, you'll find a modified file ragards
Thanks
Silently On The Background- For The Past 1Year Or so- I Have Been Using EasyOrder To Make Life Easier For Me.

"Nipa Y3 Ade3, Ose Ay3yi!" - "He Deserves Appreciation, He Who Does A Good Work"

Today I Come Out. This Is My Appreciation For Making My Life Easier, Sangmane!

God Richly Bless You!
Thanks very much
It Returned an Error saying Invalid Size

I have it on MT4 Buils 745 W*.1

Great script. Does this script work for Micro lots (.01..09)?
Hi Sangname
Your script is great. I use it one every trade.

1. I have only problem when using it on multi monitors. I have mt4 window on my second (bigger) monitor, and when I want to romove 'order window', after right click, the popup menu shows on the first monitor, so I have to dance with my mouse to click 'remove window'. When I use script on the computer with only one monitor - everything is ok.

2. I have a suggestion about take profit. Maybe 'take profit' could be changeable into 'start trailing' with defined amount of pips. When the price hit the blue line then the trailing could be activated.

Best regards.
Looks like a great tool, but cannot get it to run on Build 745 at all. The main EasyOrder script file would not compile. Here are the errors from MetaEditor:

Attached Image (click to enlarge)
Click to Enlarge Name: EasyOrder Errors.png Size: 35 KB


I tried it on FXCM and FinFx, both 745 builds and neither would run it. I have 2008 Visual C++ Redist installed and the dll file in the library folder. I used the version on page 1 from March 16, 2014.
Hi Sangmane,

Thank you SOOO much an awesome tool, I can't imagine life without it

I also finally made it work on my VPS which is running Windows Server 2008 SP 1. It looks like on 64 bit systems you have to have both versions of Microsoft Visual C++ installed. It might have been said already but it wasn't very clear to me. I am not native English speaker.

So if you have any errors install both of these before reporting any problems.

Microsoft Visual C++ 2008 Redistributable Package (x86) and the Microsoft Visual C++ 2008 Redistributable Package (x64)

Before I installed both Easy Order was coming up with all kinds of errors or did't show up at all. It is working like charm now

Awesome tool. Thank you!!! Bless you for sharing it for free.
Hi Sangmane,
Is there any way to instead of % of balance to switch to fixed $ value to calculate lot size? Is there any way to this feature be added? I now I'm asking a lot

best regards
2 traders viewing now