Every trader knows that he or she should never Risk more than 2% (or 5%) per trade.
This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss
value for different Support and Resistant level.
Every trader knows that he or she should never Risk more than 2% (or 5%) per trade.
This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss
value for different Support and Resistant level.
Line” in any direction.
Inputs:
Inputs:
- Order_Type – Buy or Sell
- TakeProfitPoints – how many points from the Ask price (for Buy) you want to put your TP
- StopLossPoints – how many points from the Bid price (for Buy) you want to put your SL
- MoneyManagementPercent – percent of loss (from your AccountFreeMargin) you allow for the one trade
- clrText – color of the information text
- FontSize – font size for the information text
- Chart_Corner – you can see the information text in one of 4 corners
- TP_Color – color of the TP (Take Profit) line
- SL_Color – color of the SL (Stop Loss) line
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- Order_Type – Buy or Sell
- TakeProfitPoints – how many points from the Ask price (for Buy) you want to put your TP
- StopLossPoints – how many points from the Bid price (for Buy) you want to put your SL
- MoneyManagementPercent – percent of loss (from your AccountFreeMargin) you allow for the one trade
- clrText – color of the information text
- FontSize – font size for the information text
- Chart_Corner – you can see the information text in one of 4 corners
- TP_Color – color of the TP (Take Profit) line
- SL_Color – color of the SL (Stop Loss) line
Attension:
You have to wait for the next coming tick each time you move the Stop Loss Line
Attension:
You have to wait for the next coming tick each time you move the Stop Loss Line
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