Position Size Calculator

[Gehan]

Yes, it is definitely possible. Now I have to come up with the way to prevent these settings from conflicting with the ones saved when the chart isn't closed and from traders getting confused with all this.

For programming this "panel control" keep in mind the following (I am not a programmer). This is a verry good straight forward indicator and I think you can keep it that way also in the furture by means of a trick. There are only two possibillities:

1. Chart not closed: keep it as it is;
2. Chart closed and opened again single or as part of a profile:

• When there are no running trades: Keep it as usual
• When a trade is running on the chart: (Trick) read everything from the chart itself like "stop loss", "take profit" e.o. The trader gets an actual presentation of his trade and can play arround with it. Traders are normaly not interested anymore in settings when the trade is placed and running. I don't think its neccesary to save a lot data this way. The only problem I see is that possible more than one trade is runing on a chart.

 

[speedytina]

Thanks! I will consider adding it in the next version of the calculator.

Thanks for your consideration.
I've said it before and I'll say it again, that your PSC is hands down the best trading tool I have ever come across!

 

[Enivid]

Position Size Calculator has been updated to version 2.08. Among other things, it adds features suggested by the forum users @Gehan (thanks for a lot of testing!) and @speedytina.

EDIT: Please do not forget to get the latest PSC-Trader (version 1.05) if you plan using the script in MetaTrader 5 with PSC version 2.08. Older versions of the script do not work with the latest PSC indicator in MT5.

 

[eyekoms]

Hey Enivid,

I just saw today, that there are 2 new versions out, one with my suggestion. Thank you so much for your work!

The last days, I noticed an issue. I tried to change the color and the style of some lines, but that didn't work. I have to close and restart the indicator to make such changes.

Thanks!

 

[Enivid]

Thanks for reporting! I will look into it and will try to fix it as soon as possible.

 

[eyekoms]

Thanks and thank you again for your work, it is really a great tool! I use this now for months and I don't want to miss it anymore.

 

[Enivid]

Position Size Calculator has been updated to version 2.09. It fixes the bug reported by @eyekoms. The appearance of the entry, SL, and TP lines can now be changed via input parameters without reloading the indicator. It also means that now, you have to change how the lines look (color, style, and width) via input parameters, otherwise (if you change them directly on chart), the changes will not be preserved on timeframe/template/profile/ switch.

The new version also fixes the bug in the MT5 version of PSC with incorrect label color settings.

 

[dsk]

Hi @Enivid I was trying the legacy version with my broker. Currcy pairs are OK. but i'm facing the perfect lot size problem with XAGUSD. Kindly see the Screenshot

Thank you

 

[Enivid]

@dsk, please make sure that you are using the latest version of the legacy PSC (1.29). I do not get such an error when trying your broker's demo account. From the screenshot, it looks like you are using it on a live account. However, I do not have a live account with XtreamForex, so I cannot test it there. There is a possibility, that their specification for XAGUSD is set incorrectly. This sometimes happens. You can try reporting it to them.

 

[dsk]

@dsk, please make sure that you are using the latest version of the legacy PSC (1.29). I do not get such an error when trying your broker's demo account. From the screenshot, it looks like you are using it on a live account. However, I do not have a live account with XtreamForex, so I cannot test it there. There is a possibility, that their specification for XAGUSD is set incorrectly. This sometimes happens. You can try reporting it to them.

Yes I think they set the specification wrongly

 

[aamara]

Hi,

I am trying to use the script (latest version) but it doesn't open any trade instant or pending. I have set the script tab details to the maximum in order to test it but with no luck?!

Appreciate if u could advice what might be the issue.

I am using live account with Xm.com broker MT4

 

[Enivid]

What is the output in the Experts tab of the terminal when you launch the script?

 

[aamara]

Do you get any output in the Experts tab of your terminal when you attach it?

NO... I have got nothing as nothing happens when attached it to a chart!

 

[Enivid]

That's very strange. I recommend re-installing your platform. At the very least, there should be system messages about script initialization/deinitialization in the Experts tab log.

 

[dsk]

@Enivid I would like to have the version 1.16.

Thank you

 

[Enivid]

@Enivid I would like to have the version 1.16.

Here it is. You would need to fix some compilation errors because there have been some important changes to MQL language in recent MT4 builds.

PS: Why do you need this old version? It probably also has some calculation bugs.

 

[dsk]

Thank you @Enivid and there is nothing special . I would like to see the code difference from old to New(I see one aditional mqh in newer so i try to understand). that's why needed.

 

[Michael618]

I will have to start to use commission field.
I read about it, but i'm not yet sure how to enter it
if for example, commission is 6$ per lot, should we enter 6.00 in the field?



Also, one small thing about window location when minimizing it
It appears there are 2 different windows altogether there
Maximized and minimized
When I move one around the screen, the other one doesn't follow
Would it be possible to keep their location in sync?
By location, i mean top-right corner of the window

 

[Enivid]

I will have to start to use commission field.
I read about it, but i'm not yet sure how to enter it
if for example, commission is 6$ per lot, should we enter 6.00 in the field?

Is it $6 for opening and then $6 for closing? If so, then yes, you should enter 6 in the field.

Also, one small thing about window location when minimizing it
It appears there are 2 different windows altogether there
Maximized and minimized
When I move one around the screen, the other one doesn't follow
Would it be possible to keep their location in sync?
By location, i mean top-right corner of the window

Yeah, MetaTrader treats minimized and maximized windows as separate windows - hence different locations are possible. I will look if it can be fixed without breaking into the standard MQL libraries.

 

[Michael618]

Thank you
So we need to give commission only for opening/closing, not full commission.
I think this is valuable information to add on the webpage.


With minimizing/maximizing,
I've looked a little into the code,
At first glance, apparently it boils down to CRect class, I believe

I don't know now exactly if each window has its own Crect (I guess so)
In this case, i guess it would be needed to change coordinates of active CRect with the inactive one.
Or adding a CPoint parameter, with the new corner, to Maximize() and Minimize() methods?
Maybe I'm talking gibberish, so i'll stop now