Hi, is there a way to let the indicator show the total open risk on a certain currency. Like if I have two trades open, one on USDJPY for 1% short and one on GBPJPY 1% short, the total risk open on JPY would be 2% short....
But it gives the total risk of the whole portfolio. Not per currency. So I see 2% risk, but not on which currency. Because in my example I have 2% risk on the JPY short, but in the same time I have 1% risk long on the GBP and also 1% long on the USD. Or am I missing something here?Actually, that's what it does. It should show the total 2% risk in that case.
Ok thanks! I will work around it..No, it doesn't work on per currency basis, it works on per currency pair basis. In your example, you should see 1% risk for USD/JPY and 1% risk for GBP/JPY. This isn't something I am planning to change anytime soon because the code is already overly complex. However, you are free to make suggestions on how this potentially could be implemented.
I see... But how correct (or useful) would such representation be? After all, it implies that you are risking 7%, which of course isn't the case. BTW, shouldn't it be CAD short 2%?Wait...I give a better example for what I'm looking for. I would like to have an overview like this:
Example trades open are: USDJPY long at 1%, GBPJPY long at 1%, CADJPY short at 2%.
Overview:
JPY long 2%
JPY short 2%
GBP long 1%
USD long 1%
CAD short 1%
Ow yes...would be cad 2%.I see... But how correct (or useful) would such representation be? After all, it implies that you are risking 7%, which of course isn't the case. BTW, shouldn't it be CAD short 2%?
In theory, it could be coded like that - first, calculate potential risk for the open trades, then calculate potential risk for all pending orders like if there are no open trades. But what would be the point?Is it possbile to separate the data presented into risk for active and pending orders. So that I can see what is the total risk for orders already triggered and orders pending ( limit orders?
In theory, it could be coded like that - first, calculate potential risk for the open trades, then calculate potential risk for all pending orders like if there are no open trades. But what would be the point?
ok. thanks!!I will try to implement this, but don't expect it anytime soon. Sorry!