Money Management Script

Hi,

I purchased a money management script and realized that it dose not work on 5 digit brokers . The vendor will not help to make it compatible. Is anyone is interested in fixing this for me? Please PM me if you can help and you can use it as well.

The script has inputs for % risked, SL, TP, and entry level. Entry level could be specified or opened at market price. It will then auto calculate the lot sizing based SL size and % risk setting. It's a really handy tool. Thanks.

Regards,
Stimuls

Is it .exe or .mt4? If it is .mt4 I could take a look.

Hi ecTrade,

It's mq4. PM me you email addy and I'll send it over. Thanks so much!

I use a simple indicator, that I found on this forum (thank you) will give you your account size, pip spread, pip value and time left on current bar. It will calculate your lot size based on your percentage risk and stoploss size.

Only thing is it works fine for 2, or 4 digit pairs, with an extra digit you just need to add an extra zero to your stoploss.

Very useful tool.

Thanks Shabs19. I actually have something similar. The thing I like about this script is it will save an extra step since one input will calculate the lot size and open the order.

Can you PM me a link where have you purchased it? Thanks.

Similar tool is discussed in the thread http://www.forexfactory.com/showthread.php?p=247054