erebus
TFG Forum Legend
Calculates position size to meet your predetermined risk amount and stop loss distance
Note: does not place trades, only help you use the correct lot size as described above.
Try this link if interested, let me know if it doesn't work.
https://www.mql5.com/en/market/product/4489#full_description
Best to buy direct via the Market tab within MT4, let me know if you need instructions on that.
How to use: very easy, first be sure to input the appropriate setting for the RISK you intend to use
Then, click on the button, 3 lines will appear.
1. Drag the blue to where the entry will be (default is grey)
2. Drag the red line to the intended stop loss (red box will be drawn)
3. Drag the green line to the intended take profit (green box will be drawn)
Read the Lot size and risk reward at top left
Good luck and great trading to all, John
On the chart example, there is a grey box for Asian session, breakout trade style, target is ADR low.
Note: does not place trades, only help you use the correct lot size as described above.
Try this link if interested, let me know if it doesn't work.
https://www.mql5.com/en/market/product/4489#full_description
Best to buy direct via the Market tab within MT4, let me know if you need instructions on that.
How to use: very easy, first be sure to input the appropriate setting for the RISK you intend to use
Then, click on the button, 3 lines will appear.
1. Drag the blue to where the entry will be (default is grey)
2. Drag the red line to the intended stop loss (red box will be drawn)
3. Drag the green line to the intended take profit (green box will be drawn)
Read the Lot size and risk reward at top left
Good luck and great trading to all, John
On the chart example, there is a grey box for Asian session, breakout trade style, target is ADR low.