Scalping with quick SL measurement to calculate lot size? | Page 2 | Forex Factory

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Scalping with quick SL measurement to calculate lot size?

  • #21
  • May 30, 2018 4:44am May 30, 2018 4:44am
Quoting profitkeeper
They were both bought from "Market" - neither were expensive. Names are: Virtual Trade Pad (Has won awards and is very good) It can also set a grid and close trades at total profit etc. Lot Calculator Tool (Is also an EA and can be used in strategy tester) It can also set multiple profit targets.
both of these 2 EAs are easily available for free in Forexfactory,plesae invest some time in researching,write it in search box,i saw them in recent past.
  • #22
  • Edited 6:00am May 30, 2018 5:00am | Edited 6:00am
Quoting RaysJourney
{quote} Yes, apologies. I thought my initial post was enough information. If you find it, please let me know.
No need to apologies :-)
what about this one? not 100% perfect but with a little math a fast calculation. Maybe you put in 1 pip, 2 pip 5pip and so on, max inserts are 10 positions. If you need the lotsize for 4 pip you calculate 5-1, thatīs it. Of cours you have to measure before with the crosshair or use grids.

Itīs not the one i had in mind but maybe a little helper :-)
Attached File(s)
File Type: ex4 FOREX_Info_Positionsrechner _V3.ex4   30 KB | 463 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: WS30M1.png Size: 24 KB
(.)(.) think first ...
  • #23
  • May 30, 2018 5:07am May 30, 2018 5:07am
Quoting maximumguita
{quote} No need to apologies :-) what about this one? not 100% perfect but with a little math a fast calculation. Maybe you put in 1 pip, 2 pip 5pip and so on, max inserts are 10 positions. If you need the lotsize for 6 pip you calculate 5+1, thatīs it. Of cours you have to measure before with the crosshair or use grids. Itīs not the one i had in mind but maybe a little helper :-) {file} {image}
Pretty neat tool, I'll give it a try. Dankeschoen maximumguita !! (in case you speak German) :-)
  • #24
  • May 30, 2018 5:11am May 30, 2018 5:11am
Quoting RaysJourney
{quote} Pretty neat tool, I'll give it a try. Dankeschoen maximumguita !! (in case you speak German) :-)
you are welcome and yes iīm from germany :-)

as a note: you can use it only in Forex!!! no cfdīs or indizes etc.
(.)(.) think first ...
  • #25
  • Feb 24, 2021 4:50am Feb 24, 2021 4:50am
Hi RaysJourney, I also like to trade on TFs as small as 1 and 5 minutes and I have the same problem. Did you find an EA to help you get the SL faster?
  • #26
  • Mar 2, 2021 1:14pm Mar 2, 2021 1:14pm
I was just looking for something like this, all the files are much appreciated. Now to see if I can find something like this for ctrader too
  • #27
  • Mar 5, 2021 1:48am Mar 5, 2021 1:48am
Quoting maximumguita
how do you enter the market? one klick trading or pending order? maybe this tools will help {file}{file}
I finally got around to looking at it but I'm experiencing problems setting the risk %, it doesn't seem to change if I try to set it below 1%. If anyone else is familiar with this can they also share some insight please, I'm not aware if this tool has been discussed in other threads but I'll have a look around in the meantime.
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  • #28
  • Last Post: Mar 11, 2021 12:48pm Mar 11, 2021 12:48pm
It may be a basic indicator but ATR based stop loss has always worked alright for me. Typically use Price +/- ATR * 3/5
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