Position Sizer
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Here's what I am currently doing.
Using Take Profit multiplier (set to 1)
I set my SL and TP gets automatically adjusted
I do market/instant execution.
But, here's what I want to do.
Instead of SL, I want to set my TP first and want my SL to adjust automatically.
Then do market/instant execution.
Can I do this, if yes how?
If no, then can you please consider this feature in the next version.
Using Take Profit multiplier (set to 1)
I set my SL and TP gets automatically adjusted
I do market/instant execution.
But, here's what I want to do.
Instead of SL, I want to set my TP first and want my SL to adjust automatically.
Then do market/instant execution.
Can I do this, if yes how?
If no, then can you please consider this feature in the next version.
No, there is no way to set SL based on TP. I don't think I'll ever add this to the Position Sizer.
MT5 v3.09 Translated to Portuguese-Brazilian (PTBR)
MT4 v3.09 Translated to Portuguese-Brazilian (PTBR)
- Fixed Portuguese.mqh missing the new inputs.
- Translated new inputs in Position Sizer.mq5 and mq4.
Btw, is possible to have translations for MT4 Panel Interface?
(in mt4 just the inputs/configs are translated, not the panel interface)
I also want to express my heartfelt thanks for all your effort and updates. The community I’m part of—over 3,000 members with the same trading system and mindset—absolutely loves this tool. I receive so much positive feedback that if I tried to translate all the compliments into letters and send to you, you’d feel like Santa with piles of them!
Is there a way we can convert this appreciation into financial support for you? We’re also open to discussing a potential collaboration for new features in Position Sizer, which we’re willing to pay for. We’d love to offer tokens of gratitude and build a partnership between our teams. We’d like these new features to remain open source, with the financial support serving just as compensation for the effort involved.
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can i suggest 3 new features please?
possible to add two new hotkeys one to close all trades and another to close a percentage of position volume(predefined percentage in the EA's input).
another feature i would suggest is to have trailing stop based on candle high/low to trail behind the candle instead of pips based trailing.
another one is to have different hotkeys for buy and sell instead of switching directions...
possible to add two new hotkeys one to close all trades and another to close a percentage of position volume(predefined percentage in the EA's input).
another feature i would suggest is to have trailing stop based on candle high/low to trail behind the candle instead of pips based trailing.
another one is to have different hotkeys for buy and sell instead of switching directions...
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First and foremost, I would like to thank you for helping with the translation. The Portuguese translation seems to be very popular and I really appreciate your contribution! I've already updated our repository with your new Portuguese.mqh.
Regarding the MT4 translations, there is an issue with displaying foreign language symbols in MetaTrader 4. Portuguese and Spanish characters are displayed without problems, but Cyrillic, Chinese, and Arabic aren't displayed well on the panel. I will consider adding at least those two translations (PT and ES) in the next version of the Position Sizer.
I acknowledge the sentiment and I'm grateful for your community's offer of financial support, but that's something I'd like to avoid. There are several ways people can help me without directly paying:
- Submitting bug reports, feature ideas, and code fixes is probably the best way to help specifically with the Position Sizer's development.
- Spreading the word about Position Sizer among other traders is always welcome.
- Reviewing our website on Trustpilot or subscribing to our social media (Twitter, Facebook, YouTube) helps a lot too.
- If someone is dead-set on monetary aid, I kindly ask to donate to any charity that supports Ukrainians during the war.
You can download and configure this script to close everything with a hotkey: https://www.earnforex.com/metatrader-scripts/close-all-orders/
For advanced trailing stop, we offer separate EAs. Currently, I don't plan including advanced trailing or breakeven techniques into the Position Sizer
But you can just don't move the lines - it will remain fixed. Am I missing anything?
Hello, first of all thanks for the great tool.
I've got one question, is there any chance to use the breakeven not in points but in risk? So if my goal is a 1R:R trade to put the breakeven at 0,5R floating profit. If i use the points while scalping they change to fast to hit the perfect 0,5R point.
I've got one question, is there any chance to use the breakeven not in points but in risk? So if my goal is a 1R:R trade to put the breakeven at 0,5R floating profit. If i use the points while scalping they change to fast to hit the perfect 0,5R point.
hi guys would it be possible in future if be once applied to position is moveable via drag and drop of the line , as my system is dynamic its value can change while in a position and would be great if this could be applied to move the line quicker
If I set the locked TP true and TP Multiplier 2.0. When I move the SL line or Enry Line the TP line isn't moving instantly. It waits to adjust itself correctly, until the price quotes get the new price change. Could not please make it instantly when ever we move the SL or Enry line, Because most of the time it place wrong value orders when market moves slow. We have to wait place the order until the quote gets new price.
BR
BR
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Perhaps, there is some other issue at play here. I've just tried it on a closed market and everything is recalculated immediately when the line is moved. Could you please share a screenshot of the panel and the input parameters?
I installed the position sizer and it works fine. But when I have to enter the market and press the button, the Metatrader makes a certain sound and does not allow me to open the position. could someone help me ?
Hi, could you be clearer please? I would like to know where to go to check what the error is. What do you mean by " Expert tab log "?
Post automatically merged:
in the Meta Editor it says :" 0 error "
This is explained in the FAQ on the EA's page:
https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/#FAQ
hello y have a problem in the compilate there is not error but no works, is not open in metatrader 4
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