How do you usually exeute trades calculated by Position Size Calculator?

  • Manually

    Votes: 12 15.2%
  • PSC-Trader script with a mouse click

    Votes: 13 16.5%
  • PSC-Trader with a keyboard shortcut

    Votes: 51 64.6%
  • Using third-party trading panel

    Votes: 2 2.5%
  • Other (please provide details)

    Votes: 1 1.3%

  • Total voters
    79
  • Poll closed .
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Enivid

Administrator
Staff member
Nov 30, 2008
19,299
1,529
144
Odesa
www.earnforex.com
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!!!
Version 1.19 now supports commission setting.
 

fdsxcvf

Trader
Oct 20, 2014
10
0
12
Thank u so much!!! But can u make it in one window like this:
post.png

Because my monitor's are small.
 

bablogfx

Confirmed HotForex Representative
Oct 24, 2013
190
3
27
i mean it should be appear here in one window:
post_2.png

not here in second window:
post_1.png


It'd better to keep this calculator in separate window as adding some technical templates will leave a tiny space for chart, I guess. But anyway, good MM stuff can help to stick to your risk settings quite efficiently :)
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,299
1,529
144
Odesa
www.earnforex.com
It'd better to keep this calculator in separate window as adding some technical templates will leave a tiny space for chart, I guess. But anyway, good MM stuff can help to stick to your risk settings quite efficiently :)

As I have said, you can now use it in a separate or in a main - as you wish.
 

Andy

Master Trader
Nov 28, 2014
130
13
54
London UK
What about adding more customisation options to make it even more compact, require less screen space and free more up for the actual price action?

Like being able to turn the display of account balance on and off etc?.
(This information I find in a toggled terminal window with the rest of my open and closed position management info).
 

Andy

Master Trader
Nov 28, 2014
130
13
54
London UK
That's great, thank you.

Well....The margin and portfolio modules can be toggled on and off so that's great too depending on who needs what information to be displayed. And take profit and risk/reward doesn't display unless a TP value is entered/detected so again, all good.

How about... if 'risk money' is used, hide 'risk %', and if 'risk %' is used hide 'risk money'?.

Other than that everything else seems to be essential key information.
 

Andy

Master Trader
Nov 28, 2014
130
13
54
London UK
Here is a screen shot of my trading/charting environment.

It's a modified/simplified 1.12 PSC combined with a spread indicator.

But I love the input/actual addition found in the new versions of the PSC.
 

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fdsxcvf

Trader
Oct 20, 2014
10
0
12
I trade scalping, take profit manual.
After i entry, i move stop line to stoploss and move entry line to my entry, i want then take profit line move along with price and RR change, then i can see RR and take profit manual. can u make it ?
Sorry i use google translate if it bothers you!!!
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,299
1,529
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Odesa
www.earnforex.com
Do you want the Entry line to follow the Bid/Ask price, while both Stop-Loss and Take-Profit lines trail the Entry line at some fixed distance, so that RR remains fixed? Is that right? If yes, how do you plan to set that initial distance for SL and TP?
 

Andy

Master Trader
Nov 28, 2014
130
13
54
London UK
What I take away from his post is the following:

* When entering a trade he sets the stop-loss and entry values to a certain fixed price, set at his discretion, however he is constructing the trade.

* But since he takes profit when he sees best to do so, he doesn't set a pre-determined take profit value and doesn't have a set R:R/TP target known at the time of entry.

* Then once entered into a trade, he wants the take profit value to then be set to, and move with the current bid/ask price and constantly re-calculate a new R:R value based on the distance between his original entry/stop loss values to how far the market has currently moved.

* For example - If the distance between his pre-determined SL and entry price is 300 pips and the market has moved 900 pips in his favour from the entry price, the R:R output then shows him that his trade is currently at about 1:3 R:R ratio or 3x Risk (3R) multiple in profit.

Like a continually updating, dynamic R:R calculator.
Or that is how I initially understand it anyway.
 
Last edited:

fdsxcvf

Trader
Oct 20, 2014
10
0
12
My broker allway slippage when i use take profit. I do not understand why such . So I think if I would be better take profit manual. Is this right ?
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,299
1,529
144
Odesa
www.earnforex.com
My broker allway slippage when i use take profit. I do not understand why such . So I think if I would be better take profit manual. Is this right ?
Take-profit is a limit order, shouldn't be any slippage on it.

So, is Andy right on the interpretation of what you need? I cannot help you if I do not understand what you really need implemented.
 
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