Position Sizer
- Thread starter Enivid
- Start date
- Watchers 351
Hello!
I've been using Position Sizer for some time.
I want to suggest an improvement.
Please check the possibility of implementing the functionality in the future.
I noticed that the Position Sizer opens positions up to the maximum size defined by the Symbol specification.
When the Trader has an account with a high balance, with high leverage and which allows him to open large volume orders, it will be necessary to open several positions of maximum size.
For example:
Account Balance: 500,000.00
Leverage: 1:1000
Maximum Symbol Volume: 100
Volume to be opened: 600
Positions: 100 x 6
Is it possible to implement an improvement where Position Sizer can calculate the maximum position size supported by the account (based on StopLoss and Risk) and open several simultaneous orders that total the calculated maximum size?
Similar when there are several Take Profits.
I hope I was clear in my explanation!
Congratulations to those involved in this spectacular project!
Thank you very much!
//+------------------------------------------------------------------+
//| stdlib.mqh |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#import "stdlib.ex4"
string ErrorDescription(int error_code);
int RGB(int red_value,int green_value,int blue_value);
bool CompareDoubles(double number1,double number2);
string DoubleToStrMorePrecision(double number,int precision);
string IntegerToHexString(int integer_number);
#import <<<<< added this to file solved problem
stdlib.mqh is a part of MetaTrader's standard libraries. It should have had that line by default.
Has anyone run into the issue where the order type changes mid Take Profit zone entry? I attempted to enter a run of 5 Take Profits and at some point the order type kept shifting from Long to Short resulting in some losing trades 
Also, on the occasion where I was able to place an order with 5 TPs, only 1 would be entered for trade...
Am I doing something wrong? I watched the demo videos and have been fiddling around with it, but it's been murder on my live account. Any suggestions?
Also, on the occasion where I was able to place an order with 5 TPs, only 1 would be entered for trade...
Am I doing something wrong? I watched the demo videos and have been fiddling around with it, but it's been murder on my live account. Any suggestions?
First thing first, don't try to use it on a live account before trying everything you need on a demo account.Has anyone run into the issue where the order type changes mid Take Profit zone entry? I attempted to enter a run of 5 Take Profits and at some point the order type kept shifting from Long to Short resulting in some losing trades
Also, on the occasion where I was able to place an order with 5 TPs, only 1 would be entered for trade...
Am I doing something wrong? I watched the demo videos and have been fiddling around with it, but it's been murder on my live account. Any suggestions?
The order direction will change whenever the entry line gets through SL line.
Your next issue (only 1 out of 5 trades executing) suggests that you are likely trying to set up a very tight SL, which would also make the first issue more likely. However, it's difficult to tell you anything without looking at the output in the Experts tab when you try to execute your trades.
Do you mean separate multiple orders? Yes, if you change the color for the BE lines from None to some other.
Thank you Enivid, I tried for pending orders. It's not working. May be with opened order will work isn't?
It won't work with pending orders. It only tracks positions.
Good afternoon, there is a functionality that I did not find, and it is widely used in the Brazilian market, we call it "average transaction price".
Where the current transaction price is automatically adjusted according to partial contract realizations.
Example: If bought at 10,000 with 2 lots, and realizes half the position at 500 points in favor, then the current price adjusts to 9,500. It is very useful for creating a position in assets. Is there a possibility of including this function? Thank you for your attention.
Sorry for my english, its a google translator
Where the current transaction price is automatically adjusted according to partial contract realizations.
Example: If bought at 10,000 with 2 lots, and realizes half the position at 500 points in favor, then the current price adjusts to 9,500. It is very useful for creating a position in assets. Is there a possibility of including this function? Thank you for your attention.
Sorry for my english, its a google translator
Sorry, but I don't understand. What does "the current price adjusts to 9,500" mean? The EA doesn't control the current price - it's controlled by the market.
Good evening, to help with understanding, I made a video of how it works in practice.
Basically the number of points gained with the positive operation is calculated as distance from the entry point.
Attachments
Hey Earn Forex Time, In Position Sizer can we have a partial closing via Limit order, instead of opening the multiple positions...like opening 1 Lot for 0.33 Lot in 3 parts.
Example - I want to open a single position In Gold and I’ve got a buy at with 1 Lot at $2000…
And expecting to reach $2010
but I also have to set a limit order at $2005 for partial closing at 0.5 Lot
The reason for this is, it has become too much of a hassle to have multiple positions as a swing/long-term trader.
Example - I want to open a single position In Gold and I’ve got a buy at with 1 Lot at $2000…
And expecting to reach $2010
but I also have to set a limit order at $2005 for partial closing at 0.5 Lot
The reason for this is, it has become too much of a hassle to have multiple positions as a swing/long-term trader.
Similar threads
