LotSize management coding help needed | Forex Factory

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LotSize management coding help needed

  • #1
  • First Post: Nov 4, 2016 9:06am Nov 4, 2016 9:06am
Hi Everybody!

I have the function bellow to calculate my LotSize using a U$ risk to loss.
This function works very well with EURUSD, but with for exemplo JPY pairs, the calculation are wrong.

Please, everybody knows how can I fix it?

Attached Image (click to enlarge)
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Thanks a lot
  • #2
  • Nov 4, 2016 10:00am Nov 4, 2016 10:00am
You are missing the pip value in your formula.

Lot = risk / SL / pip value

You set a 10 fixed value ... but not all symbols have a 10$ pip value.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Nov 4, 2016 10:03am Nov 4, 2016 10:03am
Quoting FerruFx
You are missing the pip value in your formula. Lot = risk / SL / pip value You set a 10 fixed value ... but not all symbols have a 10$ pip value.
Yes, I know the problem, but I don't know hot to fix! kkkk
Can you help me?
  • #4
  • Nov 4, 2016 10:30am Nov 4, 2016 10:30am
Quoting vhervatin
{quote} Yes, I know the problem, but I don't know hot to fix! kkkk Can you help me?
May i suggest some reading :
http://www.fxpro.co.uk/trading/calcu...492.1478273106
http://www.investopedia.com/ask/answ...rrencypair.asp

Both have the same information, but explained in a different way (and one of them provides a calculator).

I hope you'll find it useful.

Have a great week-end,
  • #5
  • Nov 4, 2016 10:36am Nov 4, 2016 10:36am
Quoting vhervatin
{quote} Yes, I know the problem, but I don't know hot to fix! kkkk Can you help me?
The pip value can be found by the function MarketInfo(_Symbol,MODE_TICKVALUE)
MT4/MT5 EAs/Indicators/Alerts coder
  • #6
  • Nov 4, 2016 12:27pm Nov 4, 2016 12:27pm
Quoting FerruFx
{quote} The pip value can be found by the function MarketInfo(_Symbol,MODE_TICKVALUE)
Owwww, tks so much!
  • #7
  • Last Post: Nov 4, 2016 6:44pm Nov 4, 2016 6:44pm
Quoting vhervatin
{quote} Owwww, tks so much!
MT4/MT5 EAs/Indicators/Alerts coder
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