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A strategy to risk a percentage of account with SL and TP
 Post subject: A strategy to risk a percentage of account with SL and TP Post rating: 0   New post Posted: Fri 17 Jul, 2015, 08:20 
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Joined: Fri 17 Jul, 2015, 07:23
Posts: 1
Location: Singapore,
Hi,

I'm wondering if I can develop a small little plugin which when used, (I supply the percent of account to risk and stop loss to use to it) can automatically calculate the lot size based the the number of pips and percent of account I want to risk.

Thanks,
Zijian


 
 Post subject: Re: A strategy to risk a percentage of account with SL and TP Post rating: 0   New post Posted: Wed 29 Jul, 2015, 11:37 
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Joined: Wed 22 Jul, 2015, 14:04
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Location: Switzerland,
I use Trade Manager and smartFX Trader of https://smartfx.eu/products.php.
Both tools are very good.
smartFX Trader allows you to trade directly in the chart.
It automatically calculates the risk position size you have typed in the settings.
I'm very satisfied.


 
 Post subject: Re: A strategy to risk a percentage of account with SL and TP Post rating: 0   New post Posted: Thu 08 Feb, 2018, 01:50 

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Joined: Fri 01 Sep, 2017, 12:14
Posts: 8
Location: GermanyGermany
I can not believe that we have to pay for these features, they are absolutely essential for trading. I do not care about the fancy indicators and tools, I just want to open a trade poperly and define the risk. What were you thinking jForex developers?! Is there a free version of a trade manager with these functions?


 
 Post subject: Re: A strategy to risk a percentage of account with SL and TP Post rating: 1   New post Posted: Thu 08 Feb, 2018, 12:06 
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Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
Here is a sample strategy that calculates amount from desired profit loss pips and risk percent from account equity.


Attachments:
RiskAmountStrat.java [7.94 KiB]
Downloaded 198 times
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