Position Size Calculator

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

  1. Poker_player

    Poker_player Active Trader

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    Does not work for stocks in robomarkets :(

    upload_2019-4-22_18-29-1.png

    risked 12 $ but I am down 460 even when opened smaller position.
     
    Enivid likes this.
  2. Enivid

    Enivid Administrator Staff Member

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    It looks like some brokers do not apply their contract size correctly to the tick value in their MT4 contract specifications - the same as sometimes happens in MT5.

    Please use the attached version and set UseCFDMultiplier to true. Please let me know if this works for you.
     

    Attached Files:

  3. LittleScratch

    LittleScratch Trader

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    Hi

    I use to use the bool UseMoneyInsteadOfPercentage = true; setting but it seems to have gone since upgrading from 2.17 to 2.21. I have had a search on the forum but cant see why, also have tried adding it back in as I see there is a double MoneyRisk = 250; but it doesnt seem to work.... what am I doing wrong?

    Sorry and thank you for all your hard work
     
  4. LittleScratch

    LittleScratch Trader

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    So sorry just seen it has been moved to line 108:
    sets.UseMoneyInsteadOfPercentage = true;

    My bad, carry on being awesome.....
     
    Enivid likes this.
  5. bader

    bader Trader

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    Thank you so much for making this indicator. My only request is if you can convert the indicator to an EA and add an order button to it. It's already saving me a lot of time and if it can also save me time placing the order, that would be perfect. Thanks again! It's the best indicator ever :)
     
    jagg likes this.
  6. Enivid

    Enivid Administrator Staff Member

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    I am not planning to convert Position Size Calculator to an expert advisor. You can use the PSC-Trader script to place the orders based on the PSC outputs. You can also set a hot-key for the script to make it work quicker. The script is available here:
    https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/#Trading_script
     
    jagg likes this.
  7. MrIvanGold

    MrIvanGold Trader

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    @Enivid thank you for the great work you are doing! This indicator is SUPER helpful!
    I wish you best of luck and lots of happiness in your life! You helped so many traders like me!

    Please consider adding Partial take profit target in this indicator as well, I think it also will extend its capabilities far and beyond! (like i wrote in account protector post )

    Thank you once again! Carry on being awesome!
     
    jagg likes this.

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