Position Size Calculator

[fdsxcvf]

I'm sorry for my english bad!!!
I use PositionSizeCalculator_colors.mq4 (11.0 KB, 3 views) download in page 9 this thread.
It so good with audusd, gbpusd but it wrong when i use with eurjpy and audjpy.
ex: eurjpy
entry 146.8
stoploss 10 pip at 146.7
moneyrisk 100usd
but size is 1.18 ????
it must 1.00 lot!!!
i'm wrong or it not work with JPY. Please help me!!!

 

[Enivid]

Why do you believe that it should be 1.00 and not 1.18?

 

[Enivid]

I have just updated the indicator files both for MT4 and MT5 versions of the Position Size Calculator. There was a serious bug that affected latest builds of MT4 when a zero divide error could abnormally terminate the indicator upon platform's restart. MT5 version got a fix for display of the Entry/Stop-Loss/Take-Profit lines in the objects list.

Please download new version if you use this indicator.

 

[fdsxcvf]

 

[Enivid]

What is your problem with that screenshot?

Do you understand that 1 pip on EUR/JPY is not the same as 1 pip on GBP/USD?

 

[fdsxcvf]

I see it. Sorry my mistake !!!

 

[Enivid]

I have updated Position Size Calculator to version 1.15 for some minor changes:

1. DeleteLines input now deletes old leftover lines if set to true.

2. Lines' position is read more precisely.

The second change is only for MT4 version as MT5 was fine all the way.

 

[Enivid]

Position Size Calculator has been updated to version 1.16. Read the full list of changes in my latest blog post. The changes are quite significant.

 

[glvrn]

Position Size Calculator has been updated to version 1.16. Read the full list of changes in my latest blog post. The changes are quite significant.

Thanks for the continual updates to this indicator Enivid. I'm just wondering if it would be feasible to consider having an option to show the indicator in a separate window?

 

[Enivid]

Thanks for the continual updates to this indicator Enivid. I'm just wondering if it would be feasible to consider having an option to show the indicator in a separate window?

I have just finished the update process for the next version, which moves the data display to a separate chart window. You can read more about version 1.17 here.

 

[glvrn]

I have just finished the update process for the next version, which moves the data display to a separate chart window. You can read more about version 1.17 here.

Thanks man. I tried the new version which is great with the separate indicator window. However, I realised that after I drag the entry/SL/TP lines to the positions I want, if I switch to another periodicity (e.g. change from daily to weekly chart or vice versa), the entry/SL/TP lines jumble up to to their 'original' positions. This poses a problem for traders who need to toggle the same chart between different periodicities. Would a fix be possible for such a scenario?

 

[Andy]

I personally still use version 1.12, however, I do still monitor its additions and updates.

I vote for the indicator to appear back on a chosen corner of the chart.

And careful it doesn't grow too bloated and extend outside of the indicators original scope.

 

[glvrn]

I personally still use version 1.12, however, I do still monitor its additions and updates.

I vote for the indicator to appear back on a chosen corner of the chart.

And careful it doesn't grow too bloated and extend outside of the indicators original scope.

After fiddling with the latest one I'm back to 1.12 as well. Realised I still prefer it to be on the main chart as well heh.

 

[Andy]

The new 'input' and 'actual' values are a great and extremely welcomed addition though.

It's very good information for precisely aligning my pre-determined risk amount in money with exactly how near or far my stop-loss can be away from my entry, while always being able to stay under or equal to it for EVERY trade.

1.12's simplicity and leanness + The above major improvement to risk and money management accuracy would be amazing.
(+ Back on charts).

 

[Enivid]

Thanks man. I tried the new version which is great with the separate indicator window. However, I realised that after I drag the entry/SL/TP lines to the positions I want, if I switch to another periodicity (e.g. change from daily to weekly chart or vice versa), the entry/SL/TP lines jumble up to to their 'original' positions. This poses a problem for traders who need to toggle the same chart between different periodicities. Would a fix be possible for such a scenario?

That would only happen if you set DeleteLines to true. The indicator deletes the lines on each deinitialization and creates them anew at the values given via input parameters.

 

[Enivid]

Due to the popular requests, I've divided the indicator into two separate versions: main window and separate window. Download version 1.18 according to your taste.

 

[Andy]

Very nice, thank you.

keep up the good work.

 

[fdsxcvf]

My broker have commission (7 usd for 1 lot). Can u add commisson in your indicator ?
EX: I set reward/risk: 1.5, but actually + commisson : about 1.3.
Every trade i must + commisson in to stoploss and - commission in to take profit to become reward/risk=1.5.
Sorry my English bad!!!

 

[Enivid]

My broker have commission (7 usd for 1 lot). Can u add commisson in your indicator ?
EX: I set reward/risk: 1.5, but actually + commisson : about 1.3.
Every trade i must + commisson in to stoploss and - commission in to take profit to become reward/risk=1.5.
Sorry my English bad!!!

Thanks for an idea. I will definitely look into implementing commission adjustment.

 

[glvrn]

Due to the popular requests, I've divided the indicator into two separate versions: main window and separate window. Download version 1.18 according to your taste.

Nice!!!!