Position Sizer

[Enivid]

Account for spread would add the additional spread buffer to your long trade entry price and short trade stop loss! I think that's the only important idea I really had.. I'd like to see an option to add a custom automatic buffer to the stop loss as well (before the spread buffer was added for the shorts)

In all cases except for the ATR-based, SL is explicitly set by the trader. There is no second SL to display with the spread applied. It would required adding a new field for each such input (SL, TP, Entry). I'm not sure it's better than for the trader just to take spread into account when setting the existing fields.

 

[DanWe]

Hi, Could someone please help me with that?
Why I can't open a position for 9.14 lots (2% of my balance), picture attached, on BTCUSD MT5? I've checked the properties and everything seems ok. I manage to open larger lot sizes for other cypto currencies. Thank you!

 

[Enivid]

Hi, Could someone please help me with that?
Why I can't open a position for 9.14 lots (2% of my balance), picture attached, on BTCUSD MT5? I've checked the properties and everything seems ok. I manage to open larger lot sizes for other cypto currencies. Thank you!

My guess is that you don't have enough margin. It might also be some margin calculation bug in the MT5 version of the Position Sizer. Are you able to open a 9.14 lot trade manually?

 

[DanWe]

My guess is that you don't have enough margin. It might also be some margin calculation bug in the MT5 version of the Position Sizer. Are you able to open a 9.14 lot trade manually?

Yes I can open it manually.

 

[Enivid]

Yes I can open it manually.

Then, it is probably a bug in the Position Sizer. You can try using the latest MQL5 code from our GitHub. It should fix some margin calculation issues:
https://github.com/EarnForex/PositionSizer

 

[joseph_75]

how to fix sl line and prevent it to chane with price change ?
I would like to fix SL and volume will change with pric movement

 

[Enivid]

how to fix sl line and prevent it to chane with price change ?
I would like to fix SL and volume will change with pric movement

Set the SLDistanceInPoints input parameter to true.

 

[Fokse]

Hello,

I'm using Position Sizer and I'm wandering if I would be able to set an automatic breakeven at a certain level ?

Thanks,

 

[Enivid]

I'm using Position Sizer and I'm wandering if I would be able to set an automatic breakeven at a certain level ?

Yes, you can do so using the Breakeven field on the Trading tab.

 

[Fokse]

Yes, you can do so using the Breakeven field on the Trading tab.

You're talking about an input to type a number in points to set the break-even level ?
I was talking about a button to automatically set the breakeven at a certain level.

 

[Enivid]

You're talking about an input to type a number in points to set the break-even level ?
I was talking about a button to automatically set the breakeven at a certain level.

Please elaborate.

 

[Fokse]

Please elaborate.

I mean a button into the GUI which would let us to automatically set a BE level at a certain level of price (example : 1.10150).
I didn't check how works what you talk about but I'm not sure it's about this.

 

[Enivid]

I mean a button into the GUI which would let us to automatically set a BE level at a certain level of price (example : 1.10150).
I didn't check how works what you talk about but I'm not sure it's about this.

I still don't get how that button would work. You would press it manually when the price reaches 1.10150?
How is it better than entering the point value in the current Breakeven field?

 

[Fokse]

I still don't get how that button would work. You would press it manually when the price reaches 1.10150?
How is it better than entering the point value in the current Breakeven field?

Didn't really try this feature as I said so I don't really know if it could do the trick.
It's not a level in terms of pips, it's about points, right ?

 

[Enivid]

Didn't really try this feature as I said so I don't really know if it could do the trick.
It's not a level in terms of pips, it's about points, right ?

Yes, it is in points, not pips. So, if you want the breakeven to trigger at 1.10150 after opening a long trade at 1.10000, you have to set "150" in the field.

 

[Fokse]

Yes, it is in points, not pips. So, if you want the breakeven to trigger at 1.10150 after opening a long trade at 1.10000, you have to set "150" in the field.

I will try it when I will be able to, thanks.

 

[Fokse]

Yes, it is in points, not pips. So, if you want the breakeven to trigger at 1.10150 after opening a long trade at 1.10000, you have to set "150" in the field.

Is it possible to set this BE level at any moment even if the trade has already been started... ?

 

[Enivid]

Is it possible to set this BE level at any moment even if the trade has already been started... ?

Yes, but the trade needs to have the matching Magic number - the same one that is set on the Position Sizer's Trading tab. But that's likely the case unless you changed that field for some reason.

 

[Fokse]

Yes, but the trade needs to have the matching Magic number - the same one that is set on the Position Sizer's Trading tab. But that's likely the case unless you changed that field for some reason.

The idea behind my need is to set this level but sometimes after the trade has been started. I just want to know that point
It's my personal break-even method which is working like that.

 

[Enivid]

The idea behind my need is to set this level but sometimes after the trade has been started. I just want to know that point
It's my personal break-even method which is working like that.

Yes, you can do that. The Breakeven starts tracking the trade once you enter some non-zero value into that field.