Position Size/Risk Calculator? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Position Size/Risk Reward Calculator 20 replies

Visual Position Size Calculator 65 replies

MT4 Position Size Calculator Excel Spreadsheets 28 replies

Wanted:position size calculator indicator 4 replies

Position size calculator 1 reply

Attachments: Position Size/Risk Calculator?
Exit Attachments

Position Size/Risk Calculator?

  • #21
  • Jan 20, 2014 8:40pm Jan 20, 2014 8:40pm
Sure is!

Open the indicator in the meta-trader editor.
You'll see somewhere near the top of the code literally co-ordinates. "X = ...." and "Y = ....."
This will correspond to a pixel location on the screen..
Just try different numbers and quick 'compile' - See what you have and just 'trial and error' till you get it where you want!
  • #22
  • Edited 5:56am Jun 24, 2015 4:05am | Edited 5:56am
Quoting mmaker
Super simple indicator will show up in the upper left of your charts. It will calculate a lot size based on the S/L you have put in calculated according to which pair the indicator is on. It will calculate based on your current Balance and the Quote Pair ( the 2nd currency in a pair ). There are only two inputs in this ultra simple -- low brain cell requirement indicator. Stop Loss in pips and Risk %. {image} {image} Indicator attached ~ Just drag it into your indicators folder... {file}
Hello To All,
Indicator lot size calc.mq4 modification request is summit under this link pleas some one can take a look
http://www.forexfactory.com/showthre...73#post8343773
Thanks And Regards
Moti
  • #23
  • Jun 24, 2015 6:49pm Jun 24, 2015 6:49pm
Quoting Hwaand
Sure is! Open the indicator in the meta-trader editor. You'll see somewhere near the top of the code literally co-ordinates. "X = ...." and "Y = ....." This will correspond to a pixel location on the screen.. Just try different numbers and quick 'compile' - See what you have and just 'trial and error' till you get it where you want!
NO co-ordinates that I can see, next suggestion?

//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
#property indicator_chart_window
extern double StopLoss = 25;
extern double RiskPercent = 2;
//
//
int init() { return(0); }
int deinit() { return(0); }
int start()
{
double pipValue = MarketInfo(Symbol(),MODE_TICKVALUE); if (Digits==3 || Digits==5) pipValue *= 10;
double step = MarketInfo(Symbol(),MODE_LOTSTEP);
int norm = 0;
if (step==1) norm = 0;
if (step==0.1) norm = 1;
if (step==0.01) norm = 2;
double minLot = MarketInfo(Symbol(),MODE_MINLOT);
double maxLot = MarketInfo(Symbol(),MODE_MAXLOT);
double lots = AccountBalance()*(RiskPercent/100.0)/(StopLoss*pipValue);
lots = NormalizeDouble(lots,norm);

//
//

double actualRisk;
string comment = DoubleToStr(StopLoss,0)+"SL "+DoubleToStr(RiskPercent,0)+"% risk "+DoubleToStr(lots,norm);
if (lots<minLot)
{
actualRisk = (100*minLot*StopLoss*pipValue)/AccountBalance();
comment = "lot size less than minimal allowed lot for risk and stop loss setting\n"+
"calculated lot size : "+DoubleToStr(lots,norm)+" minimal allowed : "+DoubleToStr(minLot,norm)+"\n"+
"risk with minimal lot size and stop loss set to : "+DoubleToStr(StopLoss,2)+"pips is : "+DoubleToStr(actualRisk,2)+"%";
}
Comment(comment);
return(0);
}
It takes a lot for me to IGNORE you, but you can try.
  • #24
  • Sep 11, 2015 8:00am Sep 11, 2015 8:00am
Good day every one ,i had mod the PositionSizeCalculator a bit for my own use , now it auto show three line(entry stop lost take profit line) in the mid of the chart, to see if a pending entry is good enghon for you or not , just Drag the line to where you want it , and it work out the inform for you.
Attached Image (click to enlarge)
Click to Enlarge Name: PositionSizeCalculator.png Size: 112 KB
Attached File(s)
File Type: mqh PositionSizeCalculator_Base peter mod -1.mqh   36 KB | 1,628 downloads
File Type: ex4 PositionSizeCalculator_Main peter mod -1.ex4   64 KB | 1,671 downloads
File Type: mq4 PositionSizeCalculator_Main peter mod -1.mq4   4 KB | 2,160 downloads
  • #25
  • Sep 11, 2015 9:04am Sep 11, 2015 9:04am
Quoting huangjin
Good day every one ,i had mod the PositionSizeCalculator a bit for my own use , now it auto show three line(entry stop lost take profit line) in the mid of the chart, to see if a pending entry is good enghon for you or not , just Drag the line to where you want it , and it work out the inform for you. {image} {file} {file} {file}
I don't understand why you need "mod" ??

It shows 3 lines in the current download available here for FREE

http://www.earnforex.com/metatrader-...ize-Calculator
It takes a lot for me to IGNORE you, but you can try.
  • #26
  • Sep 11, 2015 12:46pm Sep 11, 2015 12:46pm
Quoting Erebus
{quote} I don't understand why you need "mod" ?? It shows 3 lines in the current download available here for FREE http://www.earnforex.com/metatrader-...ize-Calculator

the origin did not show take profit line automatically , mod is easy in chart before you make any entry, Drag the line around see if it worth an entry.
  • #27
  • Nov 29, 2015 5:18pm Nov 29, 2015 5:18pm
Quoting huangjin
Good day every one ,i had mod the PositionSizeCalculator a bit for my own use , now it auto show three line(entry stop lost take profit line) in the mid of the chart, to see if a pending entry is good enghon for you or not , just Drag the line to where you want it , and it work out the inform for you. {image} {file} {file} {file}
Thanks for sharing...easy and its working...


Quoting Erebus
{quote} I don't understand why you need "mod" ?? It shows 3 lines in the current download available here for FREE http://www.earnforex.com/metatrader-...ize-Calculator
This one is damaging my graph. I think its having issue with my other indicators and not working for me...
  • #28
  • Nov 29, 2015 9:05pm Nov 29, 2015 9:05pm
Quoting shg
{quote} Thanks for sharing...easy and its working... {quote} This one is damaging my graph. I think its having issue with my other indicators and not working for me...
Is there a question there?

Maybe it's not working due to the latest MT4 updates, that always causes problems
It takes a lot for me to IGNORE you, but you can try.
  • #29
  • Nov 30, 2015 12:01am Nov 30, 2015 12:01am
Quoting Erebus
{quote} Is there a question there? Maybe it's not working due to the latest MT4 updates, that always causes problems
Well its not a question...just mention in case if needed then someone can fix it....Yes you are right as i have updated my mt4 today morning only to 920 and that might be a issue...

thanks
  • #30
  • Jan 6, 2016 8:23pm Jan 6, 2016 8:23pm
Quoting huangjin
Good day every one ,i had mod the PositionSizeCalculator a bit for my own use , now it auto show three line(entry stop lost take profit line) in the mid of the chart, to see if a pending entry is good enghon for you or not , just Drag the line to where you want it , and it work out the inform for you. {image} {file} {file} {file}

i can not drag it into my chart.
i wonder if it is the MT4 version is different.
My MT4 is build 950 (23 DEC 2015)

Do you know how to fix it?
Thanks

BTW, do I need to instal all three attachments for it to work? I only downloaded the MQ4 one.
  • #31
  • Jan 7, 2016 9:23pm Jan 7, 2016 9:23pm
Quoting verjanso
{quote} i can not drag it into my chart. i wonder if it is the MT4 version is different. My MT4 is build 950 (23 DEC 2015) Do you know how to fix it? Thanks BTW, do I need to instal all three attachments for it to work? I only downloaded the MQ4 one.

I did put the mqh file into the indicators but it did not work
  • #32
  • Jan 7, 2016 9:29pm Jan 7, 2016 9:29pm
Calculators
  • #33
  • Mar 5, 2016 5:02pm Mar 5, 2016 5:02pm
Quoting huangjin
Good day every one ,i had mod the PositionSizeCalculator a bit for my own use , now it auto show three line(entry stop lost take profit line) in the mid of the chart, to see if a pending entry is good enghon for you or not , just Drag the line to where you want it , and it work out the inform for you. {image} {file} {file} {file}
This has 7 errors when it is compiled, it is not working. Does anyone have a working version or something similar.

Thank you
  • #34
  • Mar 5, 2016 5:53pm Mar 5, 2016 5:53pm
Quoting 4xPIPAHOLIC
{quote} This has 7 errors when it is compiled, it is not working. Does anyone have a working version or something similar. Thank you

http://www.forexfactory.com/showthre...03#post8795403
  • #35
  • Mar 5, 2016 6:33pm Mar 5, 2016 6:33pm
Quoting Contrax
{quote} http://www.forexfactory.com/showthre...03#post8795403
Thank you Contax, I am using something similar like this. but I am looking for one where I can move the SL and it calculates on the chart the levels.

4x
  • #36
  • Mar 5, 2016 6:47pm Mar 5, 2016 6:47pm
Quoting 4xPIPAHOLIC
{quote} Thank you Contax, I am using something similar like this. but I am looking for one where I can move the SL and it calculates on the chart the levels. 4x
Maybe you are looking this? http://www.forexfactory.com/showthre...24#post8795424

(I create a new Thread because i had a few lotsizes indicators, so i can upload there all the indicators lol...)
  • #37
  • Mar 5, 2016 7:44pm Mar 5, 2016 7:44pm
2000 USD (deposit) * 3% = 60 USD - maximum risk

60 USD / 100 (points) (to the stop) = 0,6 USD - the maximum cost of 1 point

0,6 USD / 10 USD (cost of 1 point of the whole lot) = 0.06 - the maximum lot size at a given level of losses.
  • #38
  • Edited 2:43am Mar 1, 2017 1:33am | Edited 2:43am
I see this thread is bit old but i believe Risk management is very important.

i found this Calculator somewhere online:
hope you guys like it

Attached Image

Forgot to add the indicator
Attached File(s)
File Type: ex4 PositionSizeCalculator.ex4   255 KB | 1,802 downloads
Trading strategies is like a recipe, right ingredients and you cook great!
  • #39
  • Mar 26, 2017 11:17am Mar 26, 2017 11:17am
Is it possible to make 'Position Size Calculator' with virtual stops?.. so the broker cant see my stoploss area?..

thanks!
  • #40
  • Jun 22, 2017 5:18pm Jun 22, 2017 5:18pm
Quoting Erebus
{quote} NO co-ordinates that I can see, next suggestion? //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ #property indicator_chart_window extern double StopLoss = 25; extern double RiskPercent = 2; // // int init() { return(0); } int deinit() { return(0); } int start() { double pipValue = MarketInfo(Symbol(),MODE_TICKVALUE); if (Digits==3 || Digits==5) pipValue *= 10; double step = MarketInfo(Symbol(),MODE_LOTSTEP); int norm = 0; if (step==1) norm...
it is easy to see that the no of lots has to be proportional to price-sl and NOT only SL as mentioned in:
double lots = AccountBalance()*(RiskPercent/100.0)/(StopLoss*pipValue);
That s why it doesn t work.....
Vucking good EA coder... https://t.ly/AZjRM
0 traders viewing now