Position Size Calculator

[Bravo_one]

I'm not sure that there is a good way to do that. The default behavior should definitely be the current one - to limit the risk, the rounding of position size is always done down. The only way that I think this could be solved is by adding another panel control to the Script tab.

But how did you get 0.29 calculated by the indicator in the first place? Position Size Calculator indicator respects the volume step parameter just like PSC-Trader script.

I have attached a screenshot @Enivid to illustrate the condition.

 

[Ben-FX]

I'll think about adding this in the next version but I'm not a huge fan of adding even more buttons in the already overloaded panel.

Me and my scalper brothers/sisters would be appriciate even if you'll consider about it
I dont know buttons can be optional or not through the input parameters but having them is adding value to risk management side

 

[Enivid]

I have attached a screenshot @Enivid to illustrate the condition.

What does the position size field show if you change CalculateUnadjustedPositionSize to true?

 

[trovach]

@Enivid what happened with TP dividing on 3 parts( tp1,tp2....) like in previus version?

 

[Enivid]

@Enivid what happened with TP dividing on 3 parts( tp1,tp2....) like in previus version?
View attachment 17138

Nothing has happened to it. Why are you asking?

 

[trovach]

now we do not have TP1, TP2.... or I have not enabled in settings??
this is2.31version

 

[Enivid]

now we do not have TP1, TP2.... or I have not enabled in settings??
View attachment 17139 this is2.31version

Did you set ScriptTakePorfitsNumber to the number of TPs you want?

 

[trovach]

Did you set ScriptTakePorfitsNumber to the number of TPs you want?

sorry I was blind...could not find it at all untill you wrote now is okand tnx a lot for this golden tool

 

[greeeg]

Hello,

First, thank you for your work on the PSC, with the trading script it's a great tool for very fast trades opening.

After I've upgraded to 2.31 version (from 2.28) it's calculations are more precise but it started to calculate position size incorrectly (at 10% it should be).
My broker is VIBHS, MT4 build 1280, it happens on demo and live account (both configured with the same MT4 version).

Temporary fix is to increase risk % by 10 times (so instead of 1% I enter 10% in the risk field and only then risk is at 1% of my account balance) but id' like to fix it more permanently, maybe I need to modify some settings before compilation for my specific broker?

I have 2.31 version and 2.28 installed, also I have trading script 1.07 and 1.09 installed.

Any help would be appreciated

regards,
Greg

 

[2TJV]

Hello,

Is there any way to change TP faster without editing 1.0, 2.0,...? Because I always switch back and forth TP Multiplier 1.0 and 2.0. Any time I want to adjust the TP Multiplier, I have to adjust it in Custom Indicator and it takes me too long.

 

[Enivid]

Hello,

First, thank you for your work on the PSC, with the trading script it's a great tool for very fast trades opening.

After I've upgraded to 2.31 version (from 2.28) it's calculations are more precise but it started to calculate position size incorrectly (at 10% it should be).
My broker is VIBHS, MT4 build 1280, it happens on demo and live account (both configured with the same MT4 version).

Temporary fix is to increase risk % by 10 times (so instead of 1% I enter 10% in the risk field and only then risk is at 1% of my account balance) but id' like to fix it more permanently, maybe I need to modify some settings before compilation for my specific broker?

I have 2.31 version and 2.28 installed, also I have trading script 1.07 and 1.09 installed.

Any help would be appreciated

regards,
Greg

It would really help to see some screenshots of this. At the very least, I need to know what currency pair you are trading and what account currency is.

 

[Enivid]

Hello,

Is there any way to change TP faster without editing 1.0, 2.0,...? Because I always switch back and forth TP Multiplier 1.0 and 2.0. Any time I want to adjust the TP Multiplier, I have to adjust it in Custom Indicator and it takes me too long.

View attachment 17156

There is no way to change TP Multiplier without going to the Inputs, but you can change TP via the panel - by moving the line or by entering the value inside the edit field.

 

[2TJV]

There is no way to change TP Multiplier without going to the Inputs, but you can change TP via the panel - by moving the line or by entering the value inside the edit field.

But it's not fast enough. I trade on M5. So when I tried to move the line or enter the value, the price had already run away.

Thank you for replying to me!

 

[Enivid]

But it's not fast enough. I trade on M5. So when I tried to move the line or enter the value, the price had already run away.

Thank you for replying to me!

One possible solution would be to have two charts (or chart templates) with PSC open - one where TP Multiplier = 1 and another one with TP Multiplier = 2.

 

[2TJV]

Oh wow... What a good idea! That's truly a possible solution.

Thank you for your advice!

 

[greeeg]

It would really help to see some screenshots of this. At the very least, I need to know what currency pair you are trading and what account currency is.

Good questions, the problem occurs on USD account currency on DE30 index.

I've just checked GBPNZD, GBPUSD, XAUUSD and calculations are correct so it seems that DE30 for some reason is calculated incorrectly; also FR40 index has the same error, so probably all available indexes will (it seems that it's a broker's peculiarity) - market has closed after I opened test position, I hope my SL won't get slipped in the morning.

Currently I don't have any screenshot of DE30 experts output but FR40 is attached, and some specifications.

I think that the "Wartosc ticka" (tick value?) and "Wielkosc ticka" (tick size?) are the reasons.

Thanks a lot for your help, I can later add some more screenshots of DE30 if needed - let me know if you need anything else to investigate it.

regards,
Greg

 

[CNTrade99]

I get the error message after I've followed all the instructions and click on the script, "Position Size Calculator not Found."

When I have compiled the script and the calculator, I click on the script like the instructions say, in the Metatrader platform. It gives me an error. "Position Size Calculator not Found." What is happening?

 

[EnrichWave]

Dear @Enivid It seems it sets TP even I check the box "Do not apply take-profit" in script tab.

Kind Regards

PS: I think it's works fine with pending orders. But for the instant orders it sets the TP even If i have selected the "Do not apply take-profit" check box on script tab.

 

[Enivid]

Good questions, the problem occurs on USD account currency on DE30 index.

I've just checked GBPNZD, GBPUSD, XAUUSD and calculations are correct so it seems that DE30 for some reason is calculated incorrectly; also FR40 index has the same error, so probably all available indexes will (it seems that it's a broker's peculiarity) - market has closed after I opened test position, I hope my SL won't get slipped in the morning.

Currently I don't have any screenshot of DE30 experts output but FR40 is attached, and some specifications.

I think that the "Wartosc ticka" (tick value?) and "Wielkosc ticka" (tick size?) are the reasons.

Thanks a lot for your help, I can later add some more screenshots of DE30 if needed - let me know if you need anything else to investigate it.

regards,
Greg

How do you access trading symbols with ".g" suffix? I opened a demo account with VIBHS, but I only get DE30 and FR40 symbols, not DE30.g or FR40.g. And the calculator seems to be calculating everything correctly for DE30 and FR40. How is your demo server called? What website did you use to open the account?

 

[Enivid]

I get the error message after I've followed all the instructions and click on the script, "Position Size Calculator not Found."

When I have compiled the script and the calculator, I click on the script like the instructions say, in the Metatrader platform. It gives me an error. "Position Size Calculator not Found." What is happening?

Please make sure you first attach the Position Size Calculator indicator to a chart and only then try executing PSC-Trader script.