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# EA Lot calculator issue

## Question

The Lot calculator in the trade manager I have added to my MT4 platform seems only to calculate lot quantity, whereas others using the same utility can see calculation results in terms of value ( £s and pence ) per pip.  I have tried everything I can to sort this out, and consulted others, but haven't been able to resolve the issue.  Can anyone help, please ?

## Recommended Posts

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On 25/08/2023 at 10:15, Mercator said:

The Lot calculator in the trade manager I have added to my MT4 platform seems only to calculate lot quantity, whereas others using the same utility can see calculation results in terms of value ( £s and pence ) per pip.  I have tried everything I can to sort this out, and consulted others, but haven't been able to resolve the issue.  Can anyone help, please ?

It is possible to reverse calculate lot value in the base currency of the account if you have access to the source code of the EA. Do you?

Edited by JohnnyRy
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Compliments of ChatGPT (or as I like to call it... SkyNet🤖:

Certainly, let's calculate the value of 2 standard lots of GBPJPY:

Exchange rate of GBPJPY: 184.83
Exchange rate of USDJPY: 145.84
Number of GBP (2 standard lots): 200,000 (100,000 GBP per standard lot * 2 standard lots)

Value in JPY = 200,000 GBP * 184.83 (GBPJPY exchange rate) = 36,966,000 JPY

Now, let's convert the JPY amount to USD using the USDJPY exchange rate:

Value in USD = 36,966,000 JPY / 145.84 (USDJPY exchange rate) ≈ \$253,242.24 USD

So, with 2 standard lots of GBPJPY, a GBPJPY exchange rate of 184.83, and a USDJPY exchange rate of 145.84, the value would be approximately \$253,242.24 USD.

Edited by JohnnyRy

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