Jump to content
  • 0

Visual Trade Tool - automatic lot size calc


EdFuk

Question

Hi everyone. I was wondering if there is functionailty in MT4 or an add on which allows you to place trades visually on a chart, including the ability to draw a stop loss (i.e. risk) and to calculate the position size before the trade is placed. Ideally I'd like to enter the amount I want to risk (either as a fixed amount or percentage of the fund equity) then click on the chart at the open price then drag to or click again where I want the stop placed. It would then ideally automatically calculate the lot size and give me the option of setting a Take Profit level before confirming and placing the trade.

Has anyone seen anything like this, if so I'd love to hear from you,

 

E

Link to comment

0 answers to this question

Recommended Posts

There have been no answers to this question yet

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • I trade leveraged futures on Binance so I'm going to miss them, not that much though cos I also use Bitget exchange, and they have high liquidity and low fees, So I will just move my funds there and continue leveraged trading.
    • If you've tried using Ethereum, you know it can get slow and expensive. Think of Starknet as a helper that makes everything faster and cheaper. It does this by taking a bunch of transactions, squishing them into one, and then processing that one. This means more transactions can happen at once without clogging up the system. For people making apps on the blockchain (they call these dApps), Starknet is like a dream come true because it lets their apps handle a lot more users without slowing down. It also gives them the freedom to make their apps work just how they want, making things better for users. When it comes to making money, Starknet charges fees to use its network and lets people 'stake' their coins – that's like putting your money in a savings account that helps the network run, and you get a little reward for that. So, what do you think about Starknet? It's all about helping Ethereum handle more action without any hassle. Could be a big deal for how we use digital money, right?
    • Why is this?    what’s the reason? I’ve had open positions on this stock for over 3 years 
×
×
  • Create New...
us