Position Sizer

[TJA]

Thank you so much for addressing my technical questions last week; they were very insightful and much appreciated.

Could you do me a huge favor? I use the Position Sizer EA and the Close All Trades EA to close all positions with a specific magic number, which I enter in the Position Sizer. However, since there isn't a buy limit or sell limit option, I have to use the trade panel in MT5, and manual trades all get assigned the magic number "0". There are situations where, when I use the Close All Trades EA, I need to differentiate between different batches of trades; otherwise, it will close everything.

I would be most willing to donate to the project if you think this is a doable task. If you have any questions regarding the above please let me know and please also let me know how to donate to the project.

 

[tarkus]

Hi everyone, I recently downloaded MT5 on my m1 Mac from the official website and position size calculator, however on the 'open data folder' tab, I cant copy paste the documents into the Experts folder, I gave all access to the MT5 on mac, still I cant move the files, what can I do about it?

 

[Enivid]

Thank you so much for addressing my technical questions last week; they were very insightful and much appreciated.

Could you do me a huge favor? I use the Position Sizer EA and the Close All Trades EA to close all positions with a specific magic number, which I enter in the Position Sizer. However, since there isn't a buy limit or sell limit option, I have to use the trade panel in MT5, and manual trades all get assigned the magic number "0". There are situations where, when I use the Close All Trades EA, I need to differentiate between different batches of trades; otherwise, it will close everything.

I would be most willing to donate to the project if you think this is a doable task. If you have any questions regarding the above please let me know and please also let me know how to donate to the project.

"There isn't a buy limit or sell limit option" where?

 

[Enivid]

Hi everyone, I recently downloaded MT5 on my m1 Mac from the official website and position size calculator, however on the 'open data folder' tab, I cant copy paste the documents into the Experts folder, I gave all access to the MT5 on mac, still I cant move the files, what can I do about it?

Try launching MetaEditor and look where it proposes to save its files via File->Save As.

 

[tarkus]

Try launching MetaEditor and look where it proposes to save its files via File->Save As.

I launched MetaEditor, on the Navigator tab I can't go to my desktop, where the Position Sizer folder is. I can't put that file under Experts folder tried every way basically. Open Data Folder way doesn't work here either.

 

[Enivid]

I launched MetaEditor, on the Navigator tab I can't go to my desktop, where the Position Sizer folder is. I can't put that file under Experts folder tried every way basically. Open Data Folder way doesn't work here either.

Can you drag any of the files from the Position Sizer folder to MetaEditor and then save it?

 

[tarkus]

Can you drag any of the files from the Position Sizer folder to MetaEditor and then save it?

Yes now I see some files, however there's no Experts but 'Expert' which seems to be a different file. I'm unsure if it displays MQL5 file now

 

[tarkus]

Can you drag any of the files from the Position Sizer folder to MetaEditor and then save it?

I understood what you mean here, did all the steps except for .ico, for that compile cant complete, only error is, it is looking for that file but I cant send it using the 'save as method'

 

[Enivid]

I understood what you mean here, did all the steps except for .ico, for that compile cant complete, only error is, it is looking for that file but I cant send it using the 'save as method'

If copying to the Save As folder it opens doesn't work, you can just remove/comment the line in the .mq5 file that includes the ico file. It won't affect the EA's work.

 

[tarkus]

If copying to the Save As folder it opens doesn't work, you can just remove/comment the line in the .mq5 file that includes the ico file. It won't affect the EA's work.

FINALLY it works 😀 Thanks for the help! First time using Mac, it was agonizing but with determination its done! Hope this helps people in future. Regards!

 

[Enivid]

In the Position Sizer EA. Or am I missing something? I see: Instant, Pending and Stop Limit.

Of course there are limit orders in the Position Sizer. Limit orders are a sub-type of pending orders. If you switch the type to Pending and set the Entry above the current market price and switch it from Long to Short, it will be a Sell Limit setup. The vice versa will work to create a Buy Limit setup.

 

[TJA]

"There isn't a buy limit or sell limit option" where?

My apologies I have been using the pending order for buy stops and sell stops so far AND of course it can also place buy limits and sell limits 😀 LOL

 

[TJA]

Looks like we answered each other at the same time 🙂
Just hadn't used the EA for that scenario yet. Should have played around with it before asking an elaborate question 😀 apologies for any confusion and thanks for answering.
What about donating to the Position Sizer EA project? 😉
I think it's a great tool and now that I know that it handles all order types I can use it !!! <3

 

[Enivid]

Looks like we answered each other at the same time 🙂
Just hadn't used the EA for that scenario yet. Should have played around with it before asking an elaborate question 😀 apologies for any confusion and thanks for answering.
What about donating to the Position Sizer EA project? 😉
I think it's a great tool and now that I know that it handles all order types I can use it !!! <3

Thanks for your kind words, but we don't accept donations. If you really like the Position Sizer, you can either review our website on TrustPilot or review the PS itself on SourceForge.

 

[qzn25]

Hello guys, how are you doing? I am using position size from earnforex, but I have two questions

1) Is there a way to automatically load all the graphs/pairs that I open?
2) regardless of what they answer above, is there a way to load a different default config? like 0.5% risk for example, without having to charge every time?
3) Is there something similar for mobile?
4) I don't see it this way either, like in the tutorial on being able to pre-set risk

thx

 

[tyrion]

Could you please explain a bit more about what you mean by "doesn't appear to be working as expected"?

Hi Enivid,
I am not able to copy paste documents to the mt5 data folder.

 

[Enivid]

Hi Enivid,
I am not able to copy paste documents to the mt5 data folder.

Please see our discussion with @tarkus above. Also, please make sure you are downloading the newer Position Sizer EA rather than the older Position Size Calculator.

 

[Enivid]

Hello guys, how are you doing? I am using position size from earnforex, but I have two questions

1) Is there a way to automatically load all the graphs/pairs that I open?
2) regardless of what they answer above, is there a way to load a different default config? like 0.5% risk for example, without having to charge every time?
3) Is there something similar for mobile?
4) I don't see it this way either, like in the tutorial on being able to pre-set risk

thx

View attachment 26244

1) Yes, save a chart template with the Position Sizer on it and name it default.tpl. It will then be loading automatically on each chart you open.
2) You can save/load input parameters into/from a .set file. You can also use a custom panel settings file (.txt) for the stuff that's not controlled via input parameters.
3) No. Mobile MT4/MT5 doesn't support custom indicators/EAs.
4) See input parameters. For example, to set the quick risk buttons, you need to set the QuickRisk1 and QuickRisk2 inputs.

 

[qzn25]

Ok, everything is perfect, can't the input parameters be modified so that they are default? For example, does the quick risk always appear? Thx

1) Yes, save a chart template with the Position Sizer on it and name it default.tpl. It will then be loading automatically on each chart you open.
2) You can save/load input parameters into/from a .set file. You can also use a custom panel settings file (.txt) for the stuff that's not controlled via input parameters.
3) No. Mobile MT4/MT5 doesn't support custom indicators/EAs.
4) See input parameters. For example, to set the quick risk buttons, you need to set the QuickRisk1 and QuickRisk2 inputs.

 

[Enivid]

Ok, everything is perfect, can't the input parameters be modified so that they are default? For example, does the quick risk always appear? Thx

Do you want the input parameters to have some preset values when you attach a new Position Sizer to a chart? You can use the Save/Load feature for that: