Position Sizer
- Thread starter Enivid
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It's not as simple as that, but yes, if you know MQL5 coding, you can use the
RecalculatePositionSize() function in your EA to calculate the size.
Not sure what you mean exactly, but you can already fix both the SL and the PS.
Thank you for the answer.
To EA get this done do we need to keep it open on the same chart right? I mean this is mandatory?
If you just want to open a trade divided into several positions each with its own TP, you only need the EA to execute that. After that, you can safely remove the Position Sizer or close the platform. Take-profits are server-side.
Hi,
I've been using the Position Sizer for about a month now. Loved it so far.
However I recently made some adjustments in the EA's properties table and I can't quite remember what I messed up. Now all of a sudden, all my trades are being closed when they hit breakeven.
Can anybody point me in the right direction, and tell me what I did wrong, please?
I've been using the Position Sizer for about a month now. Loved it so far.
However I recently made some adjustments in the EA's properties table and I can't quite remember what I messed up. Now all of a sudden, all my trades are being closed when they hit breakeven.
Can anybody point me in the right direction, and tell me what I did wrong, please?
Custom symbols cannot be traded. You should put the actual (non-custom) symbol's name in the TradeSymbol input parameter. Unfortunately, I have no idea what's the name of the symbol that you intend to trade.
I'm not sure, but perhaps you've set the Breakeven field to 1 point or something similar? Attaching the screenshots of your panel and the .set file with the input parameters would definitely help to diagnose the issue more accurately.
Ah ok. Yeah I think I might have set the BE field to 1. I didn't understand that this actually means "close when profit reaches 1 point". I thought I just get 1 breakeven quick button or something like it. Thank you very much.
It means that when a position reaches 1 point of profit, it's SL is automatically moved to the breakeven level (0 profit). In most cases, this would mean that upon reaching that 1 point of profit, the trade will get closed almost immediately.
Thank you for reply.
I intend to trade 15-seconds chart from .USTECHCash. So, now I have put the original symbol as input parameterm, but it doesn´t work. What is wrong?
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Yes, .USTECHCash looks like the right value to put there, but the issue here isn't with trading, it's before that. It looks like your custom symbol's specification isn't filled correctly. Could you please show if there are any messages when you attach the Position Sizer there (before you try to execute a trade)?
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Thank you! No apparent problem there. Could you please also attach a screenshot of your custom symbol's specification? Like this:
Make sure you copy all the values from the real symbol - especially the tick size, tick value, contract size, etc. They are indispensable in position size calculation.
You are right, the specification looks correct. However, there's definitely some problem with the custom symbol. I'm using the same RoboForex MT5 demo server and I've just created a custom symbol out of .USTECHCash and it works just fine:
Can you share that Seconds Charts EA here? Or is it a proprietary one?
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