Forex
Google
New signals service!

Go Back   Forex Trading > Downloads > Tools and utilities


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack Thread Tools Display Modes
  #41 (permalink)  
Old 12-30-2006, 11:17 PM
Senior Member
 
Join Date: Sep 2005
Location: St Louis, MO, USA
Posts: 176
cardio is an unknown quantity at this point
It is possible

Hi
I think it is possible to modify the money management as you ask. I have modified my version so many times since posting this - I will post up an updated version soon. My latest thoughts are not to worry so much about MM, but to first just get one's system going - MM can alway be added on at the end.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #42 (permalink)  
Old 01-06-2007, 05:51 AM
Member
 
Join Date: May 2006
Posts: 32
alaa_elsakka is on a distinguished road
Smile

Happy new year everybody

i need help in Need help in money management code as follow:

1- the risk should be 10%.
2- when the expert make profit:
no. of lots don't be less than the previous order even risk increase

example:

if the current order is 4 lots:
then if it win then it will advance to high no of lots and that's what happen.
else if it lose: then it is supposed to open order with less lots number " say 3 for example " and i don't want that.

what i want in this case is to continue with the same number of lots " means 4 lots not 3 as in my example "


can you do that plz.

thank you very much
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #43 (permalink)  
Old 02-23-2007, 02:13 PM
Junior Member
 
Join Date: Dec 2006
Posts: 6
frosk is on a distinguished road
Perfect Lot size and MM

Hi,
I wanted to do a script that calculate for me the ideal lot size for manual trading : i put my stop loss (latest high-low,support,etc ...) but i want a script that calculate the perfect lot size for a risk of 2% for each trade from the equity (that is an example)

The idea is to make a project that calculate, print for each open trade the risk in real time and modify the stop loss consequently or close the trade.

We can take the elder model for MM : 2% for each trade and 6% for all trade for example.
I 'm not a programmer but i want to try but i'm sure that people know some function usefull and they can help me.

I think that's is a very usefull project and if somebody want to contribute, i'm very happy.
any suggestion comment and critical are the welcome!!!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #44 (permalink)  
Old 02-23-2007, 02:34 PM
Administrator
 
Join Date: Sep 2005
Posts: 16,799
Blog Entries: 144
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
You may use this indicator.
Attached Images
File Type: gif money_manager.gif (20.1 KB, 940 views)
Attached Files
File Type: mq4 FX Money Manager v2.mq4 (4.0 KB, 461 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #45 (permalink)  
Old 02-23-2007, 02:36 PM
Administrator
 
Join Date: Sep 2005
Posts: 16,799
Blog Entries: 144
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
Just insert in the settings: price to open the order (approximately) and stop loss price (approximately as well), risk value.
That's all.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #46 (permalink)  
Old 02-23-2007, 05:40 PM
Junior Member
 
Join Date: Dec 2006
Posts: 6
frosk is on a distinguished road
thank you very much
you are the best !!!

Very usefull indicator for a strict MM.

I'll use it and improve it after my holydays. (modify stop loss automaticaly)

Bye
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #47 (permalink)  
Old 02-23-2007, 05:51 PM
Junior Member
 
Join Date: Dec 2006
Posts: 6
frosk is on a distinguished road
suggestion

It's seem that the minimal lot size is 0.1
it is possible to do the same thing but with min lot =0.01 that is possible with IBFX

Sorry for my bad english

The idea is to calculate the perfect ratio lot size for swing trade.

My stop loss may be far and i prefer to open little lot

Thank's for suggestion
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #48 (permalink)  
Old 02-23-2007, 06:49 PM
PipeTrader's Avatar
Senior Member
 
Join Date: Feb 2006
Location: Canada
Posts: 183
PipeTrader is on a distinguished road
Quote:
Originally Posted by newdigital
You may use this indicator.

Thanks for this indicator.. Very useful !

PipTrader.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #49 (permalink)  
Old 02-24-2007, 02:41 AM
Junior Member
 
Join Date: Dec 2005
Posts: 15
Vasilyt is on a distinguished road
Thank you! very nice
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #50 (permalink)  
Old 02-24-2007, 03:46 AM
primajaya's Avatar
Senior Member
 
Join Date: Aug 2006
Posts: 181
primajaya is on a distinguished road
Good stuff...! thank's Newdigital..
__________________
You said "why?".. I said "why not?!"
Broker for 5$ Free
Trading system 4free
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Tags
money management, money management code, moneymanagement

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Help Needed Making Perfect Trailing Stop EA sbwent Expert Advisors - Metatrader 4 27 03-13-2008 05:30 AM
The perfect trader black ice General Discussion 9 11-14-2006 06:51 AM
10k lot size brokers kevmcfoster Suggestions for Trading Systems 12 10-07-2006 12:25 AM
Must have utility for MT coders who are not 100% perfect ycomp Tools and utilities 2 02-23-2006 11:45 PM


All times are GMT. The time now is 02:41 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.