Lot calculator and one other thing

Hello guys and gals,

does somebody have at his/hers disposal a lot calculator "indicator" or script for MT4? That shows how much i need to open a position in any pair?
I've been google-ing that thing for a while but the only thing i found is a website that calculates and it was not accurate at all.

The "other thing" i am looking for is i think a script for putting 2 positions at the same time. In my situation i need a script that puts an order for a sell stop that is "x" amount of pips bellow the current sell price and puts a second order for a buy stop that is the same "x" amount of pips above the current buy price.

Does somebody have such things? It would be of great help if you could share as i do not how to code them so i make them myself.

P.S. Also i do not know if this is the right page for this thread, sorry if it is not.
P.S.2. Also correct me if i am wrong but sell/buy stops are the orders that are bellow/above the price at the moment right?

Have a great and sunny day!

Emil Filipov

i dont understand, you mean this?

http://www.forexfactory.com/showthread.php?t=281772

Yes and no. It does some of the things, but no exactly. This one puts an order which you modify from the combo box and still have to do a lot of the sh*t i want to avoid.
I need it for a strategy that requires to put sell and buy stop orders bellow and above the corresponding prices approximately 1-2 min before a certain event. So the idea is to be able to put the two orders in the fastest way possible - by not needing to go into the orders menu and selecting the type of order and then playing with the stop loss and take profit levels (believe me, it is really annoying) :-D

Do you mean a margin calculator ?


You are after OCO (one cancels other) or a "straddle expert advisor:
Buy Stop Orders are above current market Price and Sell Stop Orders are below current market price.

http://www.forexfactory.com/showthre...light=straddle

Well i do not know if margin calculator and lot calculator is the same, i guess it is.

Is it considered an EA? And if it closes the position that is left out it would be even better.

That thing you linked it too damn complicated.

Is there really no easier way to execute 2 orders at the same time? Darn, i will have to do it manually then...