Position Sizer

[abigbroomstick]

Check the Experts tab of the Terminal subwindow - what does it say there?

would it be due to the small account size? and risking more than I'm allowed to?

 

[Enivid]

would it be due to the small account size? and risking more than I'm allowed to?

It could be due to a number of reasons. But without knowing what the EA says when you tell it to trade, I have no idea about the underlying issue.

 

[Mehta-Trayda]

Hi @Enivid,

I've found a bug.
After opening and closing a trade, the 'position size' aka lot size field no longer updates when changing the stop loss level.

The attached screenshots show this.

 

[Enivid]

Hi @Enivid,

I've found a bug.
After opening and closing a trade, the 'position size' aka lot size field no longer updates when changing the stop loss level.

The attached screenshots show this.

If you try to set the Risk again (either % or $) after this, does it start to recalculate the Position Size again?
Could it be so that you modified the Position Size manually at some point? If you do that, it fixes the Position Size at that value until you modify one of the Risk fields.
I couldn't reproduce this issue.

 

[Mehta-Trayda]

If you try to set the Risk again (either % or $) after this, does it start to recalculate the Position Size again?
Could it be so that you modified the Position Size manually at some point? If you do that, it fixes the Position Size at that value until you modify one of the Risk fields.
I couldn't reproduce this issue.

Ah, I believe I pressed the enter key while inside the position size box.

 

[Einlight]

Hi @Enivid, thanks for this wonderful tools, i have a little question if we let the magic number empty or 0 , does it support to manage manual trade through other platform? say if we entry through our MT5 mobile apps and the desktop with this ea /vps is open with magic number 0 , is it doable?

Regards,
Einlight

 

[Enivid]

Hi @Enivid, thanks for this wonderful tools, i have a little question if we let the magic number empty or 0 , does it support to manage manual trade through other platform? say if we entry through our MT5 mobile apps and the desktop with this ea /vps is open with magic number 0 , is it doable?

Do you mean to ask if the PS will be able to set trailing stop or breakeven for trades that open manually? Yes, if you set the Magic number to zero.

 

[Einlight]

Do you mean to ask if the PS will be able to set trailing stop or breakeven for trades that open manually? Yes, if you set the Magic number to zero.

Hi @Enivid , Appreciated for the confirmation, yes including trail /breakeven / partial take profit, so it means all features will work as usual if the magic number zero , since this support as trade management, can i suggest additional OCO setting for MT5? as MT5 is more advanced

Thanks a bunch and Regards,
Einlight

 

[Enivid]

Hi @Enivid , Appreciated for the confirmation, yes including trail /breakeven / partial take profit, so it means all features will work as usual if the magic number zero , since this support as trade management, can i suggest additional OCO setting for MT5? as MT5 is more advanced

Thanks for the suggestion, but I don't think I'll be implementing OCO in the Position Sizer EA.

 

[EnrichWave]

Hi Enivid, One little bug.
If we set ShowAdditionalSLLabel = true and DefaultSL = 10 points, SymbolChange = Keep panel as is.. when we change the symbol between AUDJPY, GBPJPY the SL Line ShowAditional $, % not working properly.

Enivid. This happens to ShowAditionalTPLable = true too...

 

[Hubex]

Position Sizer 3.03

I use this wonderful EA with a lot of parameters which are perfect for trader's daily work. But when I put in more than one TP (with Magicno.) the EA did not work in this way but close the position in one way. Do I make a mistake or there is a bug in the system? I thank you very much for your advice.

 

[Enivid]

Position Sizer 3.03

I use this wonderful EA with a lot of parameters which are perfect for trader's daily work. But when I put in more than one TP (with Magicno.) the EA did not work in this way but close the position in one way. Do I make a mistake or there is a bug in the system? I thank you very much for your advice.

I'm not sure what Magicno is, but when you add more than one TP with the Position Sizer, it opens more than one position when you execute the trade with it. Each position then has its own TP and is closed at that level.

 

[Hubex]

Magic Number is for identifying the order, I read somewhere that is duty. As you see on my two pictures the order was done with a middle quotation and the middle TP. Can you see what I have to change?

 

[Enivid]

Magic Number is for identifying the order, I read somewhere that is duty. As you see on my two pictures the order was done with a middle quotation and the middle TP. Can you see what I have to change?

You have a netting account - you cannot open multiple positions on the same currency pair.

 

[Hubex]

You have a netting account - you cannot open multiple positions on the same currency pair.

Thanks for your info; I will change my account type.

 

[thebeck]

Ok, I'm a new member and just started playing with the Position Sizer.
I have viewed the videos and like the options and flexibility this Trade Panel provides.

I'm running into a volume issue. If this question needs to be posed somewhere else, please point the direction.

I'm getting "Invalid Volume"... I'm trading based on he ATR, and have set my risk to 0.25%, which turns out to be $24.40 of my $9,761.01 balance.
So I'm not able to execute a successful trade per this... appreciate any suggestions on areas I need to review/correct?

 

[Enivid]

Ok, I'm a new member and just started playing with the Position Sizer.
I have viewed the videos and like the options and flexibility this Trade Panel provides.

I'm running into a volume issue. If this question needs to be posed somewhere else, please point the direction.

I'm getting "Invalid Volume"... I'm trading based on he ATR, and have set my risk to 0.25%, which turns out to be $24.40 of my $9,761.01 balance.
So I'm not able to execute a successful trade per this... appreciate any suggestions on areas I need to review/correct?

$24.40 is your risk. What is your output volume (position size)?

 

[thebeck]

$24.40 is your risk. What is your output volume (position size)?

My Position Size is - 0.114... see attached

 

[Enivid]

My Position Size is - 0.114... see attached

It looks like you've set the CalculateUnadjustedPositionSize input parameter to true. Almost no MT5 broker will allow you to execute trades with volume that contains more than two decimal places. You should enter a trade using 0.11 instead.

 

[Hubex]

Ok, I'm a new member and just started playing with the Position Sizer.
I have viewed the videos and like the options and flexibility this Trade Panel provides.

I'm running into a volume issue. If this question needs to be posed somewhere else, please point the direction.

I'm getting "Invalid Volume"... I'm trading based on he ATR, and have set my risk to 0.25%, which turns out to be $24.40 of my $9,761.01 balance.
So I'm not able to execute a successful trade per this... appreciate any suggestions on areas I need to review/correct?

The problem isn't this EA but your broker: For any item of your trading there is a minimum volume set from your broker. You can proof it for example in MT5-Marketview-Symbol-Specification-minimum volume???.

Your are trading with low risk than the volume can go under minimum volume.