LotLoss – script MetaTrader 5

LotLoss - script for MetaTrader 5
Simple risk management tool, that calculates required lot size according to amount of money trader affords to lose and stop-loss in points. INPUTS Risk-Money: money to sacrifice. Stop-Loss Points: stop-loss in points. EXAMPLE AUDJPY Sell Order  Risk-Money: 1000 USD Open Price: 73.706 Stop-Loss: 76.130 Stop-Loss Points: 76.130 – 73.706 = 2.424 (2424 points) Lots: 0.45 You lose … Read more