The functionality of MT4 or MT5 is enough for novice traders who rarely work with several curren
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ELM EA - Best Scalping EA 2022
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The indicator displays the specified risk level on the chart, for purchases and for sales.
It is useful when setting the Stop Loss level, the value of which is visible on the right price axis.
To calculate the risk level, useFixed orThe last used trading lot size.
- The ability to choose a fixed lot size /or the lot of the last trade;
- Risk calculation for the current account balance / for free margin;
- Risk level selection: from 1% to 100%;
- Customize the colors of lines and labels;
- UseLastLot: if (true): using the lot of the last closed trade;
- ConstLot: setting the lot size; fixed lot will be used if (uselastlot = false);
- RiskForBalance: if (true): risk calculation for the current balance; if (false): risk calculation for free margin;
- PercentageOfRisk: risk level (from 1 to 100%);
- LineColor: the color of the level lines;
- LinesAsBackgroud: if (true): drawing lines in the background;
- TectColor: label color;
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Key Features of Algorithmic Trading Software
28 August 2017
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