Hello I need to display the information where it will be the MC for open positions. I can draw a red line and set it to any level but I do not know how to calculate this level for open positions ?

Hi,

MC level is related to exposure generated by the open positions with regards to their P/L.
If you need to display/calculate the margin cut level you can use the variable "Margin Cut Level" under account section.

Generally speaking, here is the calculation method for some variable:

Used margin = Equity - Free Margin
Leverage = Total Exposure / (Use of Leverage x Equity)
Use of Leverage = (Used Margin / Equity)*100
MC => 2*Account leverage

thank you

I was thinking of something like this I do not know whether it will be correct calculation?

douuble EQ = account.getEquity();
double Total_lot_for_open_position = 0.3; //
double Margin_Cut_Level=0;
double EP =0;

//****************
JFUtils utils = context.getUtils();
pipCost = ( utils.convertPipToCurrency(instrument, context.getAccount().getCurrency()) ) *100000 * total_lot_for_open_position;
EP = EQ/ pipCost ;
MC = ask +EP;

//****************

IChart chart = context.getChart(instrument);
IChartObject MC_Line = chart.draw("MC_Line", IChart.Type.HLINE, tick.getTime(), tick.getBid()+EP);
MC_Line.setColor(Color.RED);

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