How can I calculate the optimal lotSize for 5 trades | Forex Factory

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How can I calculate the optimal lotSize for 5 trades

  • #1
  • First Post: Jan 11, 2018 12:12pm Jan 11, 2018 12:12pm
How can I calculate the optimal lotSize for 5 trades?
For example: EUR/USD, leverage 500:1, TP/SL 50 pips, free margin 5000 dollar, open price 1.1900.

If I do $ 5000= (lots for 5 trades + 50 pips SL for 5 trades)/5
- 50 SL for 5 trades=50 pips * 10 pipvalue * ? lotsize
result: ?= 50 * 10 * ?

- lots for 5 trades= (5000 - 50 SL for 5 trades)/5
result: ? = 5000-?/5

Then I cannot calculate it. Can anyone help me?
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  • #2
  • Jan 11, 2018 1:37pm Jan 11, 2018 1:37pm
Quoting michaellobry
How can I calculate the optimal lotSize for 5 trades? For example: EUR/USD, leverage 500:1, TP/SL 50 pips, free margin 5000 dollar, open price 1.1900. If I do $ 5000= (lots for 5 trades + 50 pips SL for 5 trades)/5 - 50 SL for 5 trades=50 pips * 10 pipvalue * ? lotsize result: ?= 50 * 10 * ? - lots for 5 trades= (5000 - 50 SL for 5 trades)/5 result: ? = 5000-?/5 Then I cannot calculate it. Can anyone help me?
You simply divide the amount of free margin to risk by 5 and apply MM per individual trade as you would normally.
  • #3
  • Jan 12, 2018 6:57am Jan 12, 2018 6:57am
@Nicholishen: thank you. And how do I divide the SL? Can you give an example with the example_data in post #1?

So if my equity/free margin is 5000 dollar, then I divide this by 5? And how do I divide the 5x SL further?
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  • #4
  • Jan 12, 2018 7:06am Jan 12, 2018 7:06am
Quoting Nicholishen
{quote} You simply divide the amount of free margin to risk by 5 and apply MM per individual trade as you would normally.
So what is the answer exactly to the question: what is the optimal lotSize in #post 1?
Which formula should I use to calculate this?
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  • #5
  • Last Post: Jan 12, 2018 8:05am Jan 12, 2018 8:05am
Except you are a coder there are many tools out there to help you. With so much yet to understand about the market
I had better concentrate on the application rather than the reason behind it.
Play around the attache and you may have an idea how the increase in sl affect your calculation.
Attached File(s)
File Type: ex4 lot size calc.ex4   3 KB | 351 downloads
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