Attachments: Looking for a risk management calculator

Looking for a risk management calculator

#1
First Post: Oct 26, 2017 12:25pm Oct 26, 2017 12:25pm

JustyJust
| Commercial User | Joined Jul 2015 | 165 Posts

I used to use admiral markets and they have great plug in for this.
Looking for one where i can type my account size, % of risk and also have the stop loss be a factor. Like if my stop is 10 pips it will be 4 lots, if my stop is 20 pips it will be 2 lots

#2
Oct 26, 2017 12:35pm Oct 26, 2017 12:35pm

JustyJust
| Commercial User | Joined Jul 2015 | 165 Posts

To be able to inputy the stop loss as a set amount of pips would be great for speed

#3
Oct 26, 2017 7:13pm Oct 26, 2017 7:13pm

Nicholishen
Joined Jul 2005 | Status: zzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzz | 1,261 Posts

Attached File(s)

3ClickPositionCalc_Indicator.ex4 256 KB | 322 downloads

#4
Oct 26, 2017 9:50pm Oct 26, 2017 9:50pm

johnston
| Joined May 2016 | Status: Trader | 104 Posts

Quoting JustyJust

Disliked

I used to use admiral markets and they have great plug in for this. Looking for one where i can type my account size, % of risk and also have the stop loss be a factor. Like if my stop is 10 pips it will be 4 lots, if my stop is 20 pips it will be 2 lots

Ignored

Instead, do it manually for better result. Keep enough margin , having small lots , allow floating profit as well as loss and should have patience to make moves at your favor. From my personal experience when I loose patience I lost trading.

#5
Oct 27, 2017 5:17am Oct 27, 2017 5:17am