I really need an equipment for the JForex which can calculate the position size when I set the stop loss level on the chart and I defined risk in % of my equity.
I want to set only the TP, maybe slippage, and the Risk %. I would like to set the SL on the chart.
The software calculate and set the position size, and recalculate when the actual price is changing.
Maybe it should take into consideration the commission as well. Either the software calculate somehow or I set an average commission value in pips in advance, for example 1 pip.
Maybe is there a solution? I haven’t found.
If somebody understands my very poor English and he/she can help me I thank him/her very much in advance.
I attached a picture which show how I imagine the problem.