Position Sizer

[EnrichWave]

Yes, that happens in MT5. I have no idea how to fixed it.

Enivid. I found one thing. It may help you to fix it.

If we change the value in position size and instantly click outside before the price changes happens in the market watch(Bid or Ask).. It works. But if the price changes we need to enter the value and click outside before the price changes in the market watch (Bid or Ask).

check that with one symbol which doesn't changes the price more frequent. Which you can modify the Position Size easy. But you could not change the Position size easy in the symbol which changes the price more frequent.

PS: Added Video. Kindly see how it blinks on the Position Size text field
View attachment 2024-11-07_01h09_35.webm

BR

 

[Enivid]

The position value I get from this EA is always different from what I calculated manually. Can I set the value of every 0.01 position in the parameters?

No, there is no such option, but if you share some details of what's happening, perhaps I'd be able to figure the issue out.

 

[Enivid]

Enivid. I found one thing. It may help you to fix it.

If we change the value in position size and instantly click outside before the price changes happens in the market watch(Bid or Ask).. It works. But if the price changes we need to enter the value and click outside before the price changes in the market watch (Bid or Ask).

check that with one symbol which doesn't changes the price more frequent. Which you can modify the Position Size easy. But you could not change the Position size easy in the symbol which changes the price more frequent.

PS: Added Video. Kindly see how it blinks on the Position Size text field
View attachment 30149

BR

I think I've already fixed that in the development version. I'm still not sure how reliable the fix is and whether it introduces its own problems, so I'm still testing this.

 

[TheUs30Trader]

I found a variable in the position sizer mq4 file / defaults section, that is called DefaultMaxPositionSizePerSymbol ,
i set it to 6, but it s not working. the number wont even show in the Trading tab after i compile it.

and there is no variable called "volume" or has the word volume in it.

any help is appreciated.
Thanks in advance

P.s: im running the version "3.063" , i know there have been newer versions, but i already made a lot of mods t it already.

 

[Enivid]

I found a variable in the position sizer mq4 file / defaults section, that is called DefaultMaxPositionSizePerSymbol ,
i set it to 6, but it s not working. the number wont even show in the Trading tab after i compile it.

and there is no variable called "volume" or has the word volume in it.

any help is appreciated.
Thanks in advance

P.s: im running the version "3.063" , i know there have been newer versions, but i already made a lot of mods t it already.

View attachment 30266

That's the right input for that, but there was a bug with it (fixed in 3.08) that caused the value from the Total rewrite the one in Per Symbol.

 

[linux_usr]

incredible. one of my favourite EA of all times so is account protector. and earn forex ATR trailer. Envid that should have TP added THOUGH. Then it will be an elite bit of kit

 

[Spezies8472]

Hi!

First of all: PS is a really great EA. You made good work!

I have a little suggestion for this great EA.

What?
Set the SL with offset X to the current price.

How?
Two new input fields in the configuration:
a) Offset (in points)
b) Hotkey

How should it work?
First, I set the offset to 20 (points).
Let's say we trade in EURUSD. The current price ist 1.05000.
Some time later, the price increases to 1.05100.
Now I press my hotkey.
PS sets the SL to 1.05080.

That's all.
Would this be possible?

 

[Enivid]

Hi!

First of all: PS is a really great EA. You made good work!

I have a little suggestion for this great EA.

What?
Set the SL with offset X to the current price.

How?
Two new input fields in the configuration:
a) Offset (in points)
b) Hotkey

How should it work?
First, I set the offset to 20 (points).
Let's say we trade in EURUSD. The current price ist 1.05000.
Some time later, the price increases to 1.05100.
Now I press my hotkey.
PS sets the SL to 1.05080.

That's all.
Would this be possible?

That's already possible (almost). Switch SLDistanceInPoints to true. Set some DefaultSL value (e.g., 20). Now, you'll have the SL button on the panel that will set the SL to 20 points. There is no hotkey for that, but it's already quite simple.

 

[Spezies8472]

That's already possible (almost). Switch SLDistanceInPoints to true. Set some DefaultSL value (e.g., 20). Now, you'll have the SL button on the panel that will set the SL to 20 points. There is no hotkey for that, but it's already quite simple.

Hi Enivid,

thanks for your reply. First, I thought: "Great!" But then ... unfortunately not.
If I'm right, you speak about the marked options in my attached screenshot. Is this correct?

If so, then you missunderstood me.

These options configure the dynamic TP- and SL- lines. That's a nice feature for ENTER a trade, but will not help during an open trade. If I set the SL to 65 (as in my screenshot), this distance is used to set the SL-line when I enter a trade. But it doesn't help if I want to raise to SL level on a later time (during the trade is running).

In this case, I need another input field for the "manual sl" value.
And - because it's handy - a hotkey.

 

[Enivid]

Hi Enivid,

thanks for your reply. First, I thought: "Great!" But then ... unfortunately not.
If I'm right, you speak about the marked options in my attached screenshot. Is this correct?

If so, then you missunderstood me.

These options configure the dynamic TP- and SL- lines. That's a nice feature for ENTER a trade, but will not help during an open trade. If I set the SL to 65 (as in my screenshot), this distance is used to set the SL-line when I enter a trade. But it doesn't help if I want to raise to SL level on a later time (during the trade is running).

In this case, I need another input field for the "manual sl" value.
And - because it's handy - a hotkey.

Oh, I see. You are looking to modify existing trades. That's not something I'm planning to add to the Position Sizer. There is already a basic trailing stop feature and you can use other scripts/EAs to adjust your positions' SL.

 

[Spezies8472]

Oh, I see. You are looking to modify existing trades. That's not something I'm planning to add to the Position Sizer. There is already a basic trailing stop feature and you can use other scripts/EAs to adjust your positions' SL.

too bad
Hm ... could you create a simple external script like the "break even script"?
Problem is, I checked the mt market but there's no such simple thing.

 

[ulises2k]

Hello, I am reporting a bug. If I want to enter the "Comissions" it does not allow me to enter 3 decimals as in the case of Roboforex Pro with the Nasdaq symbol.

 

[Enivid]

Hello, I am reporting a bug. If I want to enter the "Comissions" it does not allow me to enter 3 decimals as in the case of Roboforex Pro with the Nasdaq symbol.

View attachment 30369

Thanks for reporting this!

 

[thatnaijatrader]

I have been trying to execute trades but doesn't work .I checked the expert tab and saw [Auto Trading disabled by server] however, on the "input" tab, i scrolled, every time i turn "IgnoreMarketExecutionMode "False, it turns back to true. Is this an error ? Because my broker do allow EAs and i verified from them already.

 

[Enivid]

I have been trying to execute trades but doesn't work .I checked the expert tab and saw [Auto Trading disabled by server] however, on the "input" tab, i scrolled, every time i turn "IgnoreMarketExecutionMode "False, it turns back to true. Is this an error ? Because my broker do allow EAs and i verified from them already.

That input parameter has nothing to do with that error. That error can occur in one case only - when your broker disables autotrading for your account.

 

[Spezies8472]

Hi @Enivid

#Suggestion for Position Sizer (PS)

Would it be possible to tune the PS to set individual risk in % per splitted order?
If I split the order, PS makes automatically 2 positions with 50% of the configured risk. But it would be more valuable if I could use a higher risk for the first splitted order, less risk for the next and so on.

Would be a great update!

 

[Enivid]

Hi @Enivid

#Suggestion for Position Sizer (PS)

Would it be possible to tune the PS to set individual risk in % per splitted order?
If I split the order, PS makes automatically 2 positions with 50% of the configured risk. But it would be more valuable if I could use a higher risk for the first splitted order, less risk for the next and so on.

Would be a great update!

You can already change the volume shares on the Trading tab.

 

[Spezies8472]

You can already change the volume shares on the Trading tab.

Ah yes! Great! Didn't know this! Thank you!

 

[Enivid]

Hello, I am reporting a bug. If I want to enter the "Comissions" it does not allow me to enter 3 decimals as in the case of Roboforex Pro with the Nasdaq symbol.

View attachment 30369

Did you try switching to the % first and then modifying the value to 0.002? It works like that:

 

[Enivid]

The next version of the Position Sizer is out. Version 3.10 adds a major new feature to the MT4 Position Sizer (backtesting) and fixes numerous issues (most notably in MT5):

• Added support for Strategy Tester backtesting in MetaTrader 4. Unfortunately, this feature won't be available in MT5 for the time being. (@fxchess)
• Added panel translations to the MT4 version of the Position Sizer.
• Added an input parameter (CapMaxPositionSizeBasedOnMargin) to automatically limit the calculated position size with the maximum position size available based on the account's free margin. (@knzt)
• Added a button to switch between ignoring no trades, ignoring trades in other symbols, and ignoring trades in the current symbol to the Risk tab. (@EnrichWave)
• Added an option (via input parameters) to let the trade open even when its execution would lead to the max volume/risk values (set via the Trading tab) being exceeded. The trade will be reduced in size to fit into the given max values. (@EnrichWave)
• Added Chinese (traditional) panel translation (contributed by @fxchess).
• Added a max risk fuse to the Trading tab to prevent a trade from executing when the risk exceeds the given value. (@EnrichWave)
• Added support for the new swaps type in MT5: profit currency.
• Changed messages for 'autotrading disabled' situation. Now two distinct messages will be used: one for the EA's properties, the other one for the platform's options. (Via GitHub)
• Changed the TP line to be non-selectable when the TP-locked-on-SL mode is on. (@EnrichWave)
• Changed the description of the SettingsFile input parameter to correctly state that a custom settings file should be put in the \Files\PS_Settings\ folder.
• Fixed the bug that caused changed edit values to reset when the panel got refreshed at the same as the edit was about to save in MT5.
• Fixed how the TradeSymbol input parameter is used in MT5. Now it will be used in all the calculations to avoid problems with custom symbols' specifications. (@svob)
• Fixed the bug that caused ATR SL multiplier to initialize at zero even when SL distance is non-zero.
• Fixed the bug with ATR TP not turning off when setting it to zero.
• Fixed the bug that caused the TP distance to be set to some very large value when using the Shift+P hotkey to switch from level to distance.
• Fixed the bug that caused a delay for the TP line movement when it was in the TP-locked-on-SL mode in MT5. (@EnrichWave)
• Fixed display of swap values with too many decimal places in MT5.
• Fixed the bug that caused the take-profit line to appear unselected in MT5 even when lines should be selected by default.
• Fixed a minor bug when loading an ini-file.
• Fixed the bug that caused the Entry line fail to re-appear when HideEntryLineForInstant was set to true and you switched from an Instant to Pending order. (Via GitHub)
• Fixed the calculation of the automatic TP line placement when UseCommissionToSetTPDistance is set to true. It is now based on Risk Money Result rather than Risk Money Input.

Please test and let me know how it works!