Position Size Calculator

Discussion in 'MetaTrader Indicators' started by Enivid, Mar 27, 2012.

  1. ozcoz

    ozcoz Newbie

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    Not a problem. Rather than adding a new parameter just change the TP based on RR % rather than a multiplier of the SL. Just a thought.

    But yes, for now I'll keep adjusting the TP line, still works fine.

    Thanks.
     
  2. Enivid

    Enivid Administrator Staff Member

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    That would an obvious solution, but it would confuse the hell out of other traders - those who got used to the current behavior of the button.
     
  3. Enivid

    Enivid Administrator Staff Member

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    Position Size Calculator version 2.19 is out. It fixes three annoying bugs:
    1. Division by zero error when attaching PSC to a trading symbol with margin/profit currency different from the account currency and when the conversion currency pair's data is not available yet.
    2. Panel hiding behind the chart's borders when resizing the chart window.
    3. Old panel's object remaining on the chart when loading a template with this indicator.
     
    EnrichWave likes this.
  4. capoeira

    capoeira Newbie

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    Hello Mr Enivid I'm new member here in the forum and this is my first post I want first to thank you for your perfect indicator
    and second I have a suggestion to it can you include another two options to your indicator traling stop and breakeven that
    will make the trader control everything he put the stoploss , take profit , number of pips to trailing stop and in the end a percentage of take profit to move the stoploss to the breakeven
    for example the stoploss 20 pip
    the take profit 40 pip
    the trailing stop 5 pips
    the breakeven 50%
    thanks in advance
     
    EnrichWave likes this.
  5. Enivid

    Enivid Administrator Staff Member

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    Those are interesting suggestions, but PSC is an indicator, it will not be able to change the position's stop-loss (and thus act as a trailing stop) because only scripts and expert advisors can modify orders in MetaTrader.
     
  6. capoeira

    capoeira Newbie

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    thanks for your quick replay , my suggestions about the indicator to get the most benefit from it
    any way can you help me to find a good breakeven ea for mt5 , please ?
     
  7. EnrichWave

    EnrichWave Active Trader

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    Yes bro understood,, You can show in label of that break even $ or pip(points)

    Kind Regards
     
  8. Enivid

    Enivid Administrator Staff Member

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    Account Protector has a BE function.
     
  9. Enivid

    Enivid Administrator Staff Member

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    What do you mean? I am feeling slow...
     
  10. capoeira

    capoeira Newbie

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  11. nc900807

    nc900807 Trader

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    Hi Enivid,

    When I run the script it appears this error

    "2019.03.22 06:08:16.949 PSC-Trader EURUSD,H1: trade operations not allowed by settings"

    Could you please help?
     
  12. Enivid

    Enivid Administrator Staff Member

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    If the AutoTrading is enabled, then your broker does not allow auto-trading in your account. Please contact your brokerage company about it.
     
  13. Enivid

    Enivid Administrator Staff Member

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    Position Size Calculator has just been updated to version 2.20. It is to fix a rather frustrating bug with default SL/TP values given through input parameters applying inaccurately. If you do not use DefaultSL/DefaultTP parameters, you probably don't need to update.
     
    EnrichWave likes this.
  14. nc900807

    nc900807 Trader

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    Thanks Enivid. All good now and this is an awesome calculator and script.
     
  15. EnrichWave

    EnrichWave Active Trader

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    Bro.,, could you please show the break even price value(including commission,swap) in a empty space within the indicator window or a horizontal line in chart?
     
  16. Enivid

    Enivid Administrator Staff Member

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    Do you mean the BE price for the planned position? For example, we have:
    PS = 1 lot
    Current EUR/USD rate = 1.1200/1.1198
    Commission = $10/lot one-way

    The output BE rate = 1.1204/1.1202.

    Is that it? Or do you mean BE price for the already open position? How would it work then?
     
  17. EnrichWave

    EnrichWave Active Trader

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    leave it to adding this future bro.., because making separate indicator like iExposure Indicator is only solution for this, unfortunately
    iExposure is missing in MT5 :(
     
  18. Enivid

    Enivid Administrator Staff Member

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    A minor fix version for Position Size Calculator has been released just now - version 2.21. It fixes some take-profit related glitches and inconsistencies.
     
    EnrichWave likes this.
  19. George Baev

    George Baev Trader

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    Hello!

    I am impressed by the quality and usefulness of the Position Size Calculator, thank you very much!

    I would like to contribute to the indicator's functionality so my question is:
    Have you thought of uploading the indicator's souce code to a public Git repository such as GitHub, GitLab, BitBucket? It would be much easier to submit pull requests and add new functionality to the indicator.
     
  20. Enivid

    Enivid Administrator Staff Member

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    Yes, I have thought about it. I have already transferred the development of one other of my indicators to GitHub (Market Profile). I am still not sure if that is a good idea, but I will continue weighing the pros and cons of moving the development of PSC to GitHub too.

    Meanwhile, you can still contribute by submitting your suggestions (including code snippets) here.
     

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