For example, you have a 100,000 USD account with a 1:100 leverage. You want the Position Sizer to calculate a position that would only use 10,000 USD margin at maximum? It would still be using a 1:100 leverage. I.e., opening a 10-lot USD/CHF trade would still be possible under those conditions (but not a 100-lot one)
It will be like If the account is 100,000 USD. Per symbol maximum margin we can take 1M USD (100,000x10)

Kind regards
 
Good evening. I have always used position sizer ea on mac os for mt4. Never any big problems. Now that I've switched to mt5, put all the items from the position sizer folder into the expert/MQL5 folder. When I compile position sizer mq5 it gives me many errors. I can't get it to work. Mac os Catalina 10.15.7 Meta Trader 5 5.0.4330 (automatically opened with Wine)
Thank you
 

Attachments

  • Schermata 2024-06-19 alle 17.42.23.png
    Schermata 2024-06-19 alle 17.42.23.png
    47.6 KB · Views: 3
Good evening. I have always used position sizer ea on mac os for mt4. Never any big problems. Now that I've switched to mt5, put all the items from the position sizer folder into the expert/MQL5 folder. When I compile position sizer mq5 it gives me many errors. I can't get it to work. Mac os Catalina 10.15.7 Meta Trader 5 5.0.4330 (automatically opened with Wine)
Thank you
I need to see the top error to be sure, but it looks like you didn't copy the Translations folder to your Experts folder.
 
  • 👍
Reactions: Nicola Pinna
One question when showing the take and stop lines they appear very far away depending on the position of the graph, is there a way to adjust the positioning of these lines if you want to make them closer together, what setting?
 
One question when showing the take and stop lines they appear very far away depending on the position of the graph, is there a way to adjust the positioning of these lines if you want to make them closer together, what setting?
When the Position Sizer is running, you can move the lines however you want - by dragging them on the chart or by setting the values in the panel's controls.

You can also set default SL and default TP values via the input parameters if you want the panel to appear with those pre-loaded values.
 
This expert advisor keeps getting better. I love it!

I must say I am a total fan, and this is the only expert advisor I have been using for years.

Is there a way to link Break Even (BE) to Take Profit 1 (TP1)? I know I can manually set the points, but I am looking for an automatic way to link BE to TP1.

Thanks!
 
  • 👍
Reactions: facutwo
This expert advisor keeps getting better. I love it!

I must say I am a total fan, and this is the only expert advisor I have been using for years.

Is there a way to link Break Even (BE) to Take Profit 1 (TP1)? I know I can manually set the points, but I am looking for an automatic way to link BE to TP1.

Thanks!
No, sorry! There is no way to link them automatically.
 
Hello! It's possible to use the ATR Stop Loss but instead of calculating it from the close of the candle, calculate it from the high or the low?

For example: We have always the 2 options, buy or sell, if I'm on the selling option I want the ATR to be calculated from the High of my candles and if I'm on the buying calculator I want the ATR to be calculated from the Low of the candles.

Thanks a lot for this awesome tool!
 
Hello! It's possible to use the ATR Stop Loss but instead of calculating it from the close of the candle, calculate it from the high or the low?

For example: We have always the 2 options, buy or sell, if I'm on the selling option I want the ATR to be calculated from the High of my candles and if I'm on the buying calculator I want the ATR to be calculated from the Low of the candles.

Thanks a lot for this awesome tool!
That's only possible if you set the pending order's entry to the candle's High or Low.
 
Sup. Just installed the new version (3.09) and found a small typo.
In the settings, under Defaults, there is a line that goes: "Commossion type: Default comission type"

It's just a small thing.


Otherwise this EA is the GOAT. You guys are amazing

If I have any other questions, I will mention.
 
  • ℹ️
Reactions: Enivid
Found two more:

Under 'Defaults':
1.
AutoSuffix: Automatic suffix for order commentary in Trading ta"

It should say "tab.", but perhaps there is a limit in number of letters.

2.
Market Mode - Apply SL/TP After All Trades Executed
(There is no point at the end like there is in other lines)


Ok I found this one in some other lines as well, perhaps there's a separate logic for this.
 
  • ℹ️
Reactions: Enivid
I have a question, is there any field that allows me to open multiple buy or sell orders at the same time and price location? Without the lot being divided. Example: an account of 5,000 dollars, with a stop of 10 pips for each order. I want to open two simultaneous purchase orders, risking 1% on each order.
 
I have a question, is there any field that allows me to open multiple buy or sell orders at the same time and price location? Without the lot being divided. Example: an account of 5,000 dollars, with a stop of 10 pips for each order. I want to open two simultaneous purchase orders, risking 1% on each order.
How would that be different from dividing the 2% risk into two trades?
 
Hi
Can anyone advise me what I'm missing please, I've added the PSC to MT5 and its not letting me place a trade. if I trade using the new order tab it lets me trade and my account balance update's. It lets me place stop loss. take profit etc. Press the trade button and the ok box comes up with details of the trade. Press ok and makes a weird noise to simulate something is wrong and doesn't place the trade. I have Algo trading allowed!
 
How would that be different from dividing the 2% risk into two trades?
With a small account it doesn't make any difference, as you could split the two orders. But I'm referring to it from the perspective of someone who already operates on high lots. Example: Have an account with $2.5M, and for order use an S/L of $12.5K, using a lot of 500. This would mean 0.5%. If you had $5M, you would need to open 4 orders at 0.25% to reach 1% of the account. Having the option to open multiple orders, as I mentioned, would undermine management in this case.
 
Last edited:
With a small account it doesn't make any difference, as you could split the two orders. But I'm referring to it from the perspective of someone who already operates on high lots. Example: Have an account with $2.5M, and for order use an S/L of $12.5K, using a lot of 500. This would mean 0.5%. If you had $5M, you would need to open 4 orders at 0.25% to reach 1% of the account. Having the option to open multiple orders, as I mentioned, would undermine management in this case.
You mean you want to exceed the broker's maximum position size per trade by opening several trades? That's already there - you just need to set the SurpassBrokerMaxPositionSize input parameter to true.