Position Sizer
- Thread starter Enivid
- Start date
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Hi,
I changed from 2.xx to 3.02 but still have the same problem / bug all the time.
-I activated ATR. Timeframe is "current" in the setting. But it never starts at current and stays on current. I change the Timeframe of the chart and have to also change the timeframe of the ATR manually. ATR timeframe never starts with "current" and even when set manually to "current" it doesn behave right when changing the timeframe of the chart.
-The entry line is not displayed correctly. In this example it is way above the actual spot price. In some symbols it looks almost right but in most it isnt. Even deleting the expert and setting it up again won't fix it. Switching long to short and vise versa doesn't work either.
Any ideas where to look at?
Thanks for that great tool.
I changed from 2.xx to 3.02 but still have the same problem / bug all the time.
-I activated ATR. Timeframe is "current" in the setting. But it never starts at current and stays on current. I change the Timeframe of the chart and have to also change the timeframe of the ATR manually. ATR timeframe never starts with "current" and even when set manually to "current" it doesn behave right when changing the timeframe of the chart.
-The entry line is not displayed correctly. In this example it is way above the actual spot price. In some symbols it looks almost right but in most it isnt. Even deleting the expert and setting it up again won't fix it. Switching long to short and vise versa doesn't work either.
Any ideas where to look at?
Thanks for that great tool.
Code:
; Compactness ShowLineLabels=true ShowAdditionalSLLabel=false ShowAdditionalTPLabel=false DrawTextAsBackground=false PanelOnTopOfChart=true HideAccSize=false ShowPointValue=false ShowMaxPSButton=false StartPanelMinimized=false ShowATROptions=true ; Fonts sl_label_font_color=255 tp_label_font_color=10156544 font_size=13 font_face=Courier ; Lines entry_line_color=16777184 stoploss_line_color=255 takeprofit_line_color=10156544 stopprice_line_color=16711935 entry_line_style=0 stoploss_line_style=0 takeprofit_line_style=0 stopprice_line_style=2 entry_line_width=1 stoploss_line_width=1 takeprofit_line_width=1 stopprice_line_width=1 ; Defaults DefaultTradeDirection=0 DefaultSL=0 DefaultTP=0 DefaultEntryType=0 DefaultShowLines=true DefaultLinesSelected=true DefaultATRPeriod=21 DefaultATRMultiplierSL=3.0 DefaultATRMultiplierTP=0.0 DefaultATRTimeframe=0 DefaultSpreadAdjustmentSL=true DefaultSpreadAdjustmentTP=true DefaultCommission=0.0 DefaultAccountButton=0 DefaultRisk=1.0 DefaultMoneyRisk=0.0 DefaultCountPendingOrders=false DefaultIgnoreOrdersWithoutStopLoss=false DefaultIgnoreOtherSymbols=false DefaultCustomLeverage=0 DefaultMagicNumber=2022052714 DefaultCommentary= DefaultCommentAutoSuffix=false DefaultDisableTradingWhenLinesAreHidden=false DefaultMaxSlippage=0 DefaultMaxSpread=0 DefaultMaxEntrySLDistance=0 DefaultMinEntrySLDistance=0 DefaultMaxPositionSize=0.0 DefaultSubtractOPV=false DefaultSubtractPOV=false DefaultDoNotApplyStopLoss=false DefaultDoNotApplyTakeProfit=false DefaultAskForConfirmation=false DefaultPanelPositionX=0 DefaultPanelPositionY=15 DefaultPanelPositionCorner=0 DefaultTPLockedOnSL=false DefaultTrailingStop=0 DefaultBreakEven=0 DefaultMaxNumberOfTrades=0 DefaultAllSymbols=true ; Miscellaneous TP_Multiplier=1.0 UseCommissionToSetTPDistance=false ShowSpread=false AdditionalFunds=0.0 CustomBalance=0.0 SLDistanceInPoints=false TPDistanceInPoints=false ATRCandle=0 TakeProfitsNumber=1 CalculateUnadjustedPositionSize=false RoundDown=true QuickRisk1=0.0 QuickRisk2=0.0 ObjectPrefix=PS_ TradeHotKey=Shift+T SymbolChangeReset=false
Yes, I see what you mean. I will change how it works in the next version of the EA.
And "the actual spot price" is what? The PS EA, when in the instant trade mode, sets Entry to the current Ask price for a Long setup, and to the current Bid price for the Short setup. Some brokers display the Bid price line on the charts of some trading instruments incorrectly (it might be they are displaying the Last price instead of Bid). For example, see the situation with the Gold prices at GCI - the true Bid/Ask prices are in the Market Watch, while the supposed Bid price is off significantly on the chart:
Another thing is that you can rotate through the ATR timeframes but sometimes on some symbols it only goes to, in this case, Period_MN1 and stops there. It doesn't rotate anymore and there is no way back. I have to delete the expert and set it up again.
you are right. Haven't thought about that.
Is everything else working fine on the panel when this happens? What is the output in the Experts tab when this happens?
2022.09.16 12:34:28.900 Position Sizer (HKInd,M1) Error! Cannot detect proper currency pair for adjustment calculation: HKD, EUR.
That message seems unrelated and should affect the calculation process, not the button switching. Are you encountering the ATR timeframe button problem only on HKInd or on other instruments as well?
Hi,
Thank you for this tool, it is amazing and has helped my trading tremendously. Much appreciated.
I know that in ATR mode it has a spread adjustment option for the TP and SL. Would you be able to make this available in the regular mode when just placing a regular order when not in the ATR mode? I don't use the ATR to stop me out of positions but would like the spread taken into account when setting my stop loss.
Also for the Breakeven calculation would it be possible to set a RR target to automatically set the stop loss to break even so we won't have to enter it manually?
Thank you for this tool, it is amazing and has helped my trading tremendously. Much appreciated.
I know that in ATR mode it has a spread adjustment option for the TP and SL. Would you be able to make this available in the regular mode when just placing a regular order when not in the ATR mode? I don't use the ATR to stop me out of positions but would like the spread taken into account when setting my stop loss.
Also for the Breakeven calculation would it be possible to set a RR target to automatically set the stop loss to break even so we won't have to enter it manually?
But in normal mode, you can take it into account yourself and set the SL wherever you like. The only reason, it is done with a checkbox in the ATR mode, is that you don't control the SL directly there.
Could you please explain this more?
Yeah I can do it manually as I'm doing now, It'd just be easier to have it do automatically in manual mode. I've had a few spread stop outs this week and wanted to ask if it'd be possible.
I manually set the BE to however many pips 2.5r is at, I'm asking would it be possible to add a BE settings entry for a certain reward level such as 2.5r instead of just pips.
Currently I have a target of 10R and 4 take profits at 2.5r, 5r, 7.5r, 10r.
I manually set the BE to however many pips 2.5r is at, I'm asking would it be possible to add a BE settings entry for a certain reward level such as 2.5r instead of just pips.
Thank you for explanation! This has been already suggested recently by other users in this thread. I will consider adding this.
Try updating to the Position Sizer EA. It should be fixed (though in some cases, the problem may still appear).
the first entries are ok but the last caused during the problem. Are different then the above message. But maybe you have an idea.
Hello, i have installed the new position caluclated but everytime i try to place the trade with the hot key T it ask me if i want to execute the trade and when confirming yes it does not execute it and shows "error4112- unknown error" on the output tab. I tried it with both the PSC script installed and uninstalled and same error.
Hi,
I have had this problem with this program back when it was position size calculator and now after upgrading to the EA program - Position Sizer for MT5 - the same issue.
I have been using this for a long while, love it and understand it pretty thoroughly...BUT for some reason, it won't let me execute a trade (I use pending/limit orders) shortly after the NY close. It takes about an hour or so to allow me to place a trade. I hit the "hotkey" and nothing happens...until later on. Then when I try an hour or two later, it works. Is there something I am missing?
Thank you!
I have had this problem with this program back when it was position size calculator and now after upgrading to the EA program - Position Sizer for MT5 - the same issue.
I have been using this for a long while, love it and understand it pretty thoroughly...BUT for some reason, it won't let me execute a trade (I use pending/limit orders) shortly after the NY close. It takes about an hour or so to allow me to place a trade. I hit the "hotkey" and nothing happens...until later on. Then when I try an hour or two later, it works. Is there something I am missing?
Thank you!
Check with your Broker. Your broker may have restricted that time. You can check with another terminal Demo, Broker so you will be amazed its working fine in that.
PS: In the market watch Right click and Specification, Scroll down on a instrument may give some details about the Trade time.
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