I use appliions to figure position size linked to% acc balance and set a trade within minutes. What appliions do you use?
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I use appliions to figure position size linked to% acc balance and set a trade within minutes. What appliions do you use?
I utilize the PFO script which Andrew Mitchem (The Forex Trading Coach) sells. It's totally reliable and I couldn't imagine using any other procedure.:
The reason why I ask, I do not come across any threads on this subject and I am wondering whether many retail traders are utilizing a long winded approach as we probably came across in the beginning. Mt4 currently has the One Click trading but it is futile when wanting to specify a % risk of acc balance.
I do not use any https://www.cliqforex.com/attachments/1528689513.png
Which s/ware do you use and is it reliable?
For placing market orders using a fixed SL and TP, I occasionally use the attached script. It's also capable of placing multiple orders with different TPs, for scaling out.:
The script was written using Metaeditor/compiler build 509, hence it will probably compile with errors, unless you do so first. Otherwise download the ex4 file just. I have included the source code so that anyone who's interested can copy the risk/pos size calculation formula.
https://www.cliqforex.com/attachment...1886002913.ex4
https://www.cliqforex.com/attachment...1870949080.mq4