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Risk and Lot size Calculator (RLCalculator) indicator for MT4

Jan 02, 2013 at 14:54
18,184 Views
21 Replies
Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
Jan 02, 2013 at 14:54
Hello,

I'd like to share my indicator with you. I'm using it on FxPro (6 digit broker). Feel free to modify it's code, it's quite easy to understand imho. Leave a comment about your opinions, ideas. Thanks!

On the picture you can see 2 horizontal lines, one red and a green line. Red line is moving stoploss, the green one is the target price. 'Current price line' can be moved too, but it is following the current price by default, so you can do calculations any time.

More info and download URL:
ocsovszki-dorian.blogspot.hu/2012/05/forex-risk-and-lot-size-calculator.html

Member Since Sep 06, 2011   31 posts
Jan 02, 2013 at 15:18
Thank you for sharing. It's an interesting indicator. I will study it. :-)
Member Since Jul 18, 2012   1 posts
Nov 07, 2013 at 07:33
Thanks for the indicator. It really helps me managing my account.
But I am getting weird result only on Aud/jpy. My brokers is XM.

Attachments:

Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
Jan 20, 2014 at 07:41
Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
Jan 20, 2014 at 07:42
ronycoolboy: Yup version 1 had lots of problems. You have to tune this indicator to fit to your broker settings. Especially with Cross currencies.

Sorry for the late reply. :P


Best,

G.
Member Since Oct 25, 2013   62 posts
May 08, 2014 at 07:48
Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
May 08, 2014 at 12:14
I have no clue. RLCalc is an indicator. I have nothing to do with that bigbang EA what you linked in. :)
Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
Jun 24, 2015 at 14:04
Abdulmouhemen
forex_trader_170403
Member Since Jan 04, 2014   3 posts
Sep 16, 2015 at 20:08
can you code indicator to Calculation P/L by comments ?
Gorkhaan
forex_trader_81857
Member Since Jun 21, 2012   10 posts
Sep 17, 2015 at 09:53
I don't understand your request mate. Try to explain it a bit more.
Member Since Mar 01, 2011   4 posts
Oct 12, 2015 at 03:42
Great EA and indicator, could you add the option ordersend to take stop loss, like the take profit (true/false) in the EA, i would like to keep my stop loss hidden,

Thank you
Member Since Dec 11, 2013   1 posts
Nov 30, 2015 at 08:04
Good indicator...thanks for sharing...
silheaven@
Member Since Nov 19, 2015   1 posts
Dec 06, 2015 at 08:20
it seems good, i can not download the code in china
hujianglong123@
Member Since Jul 16, 2013   92 posts
Dec 10, 2015 at 01:31
For you guys who are interested in risk management calculation for cTrader. Lots and volume to trade 1.0 cBot is free to download and use. https://rmmrobot.com/rmm-robot-main-dropdown/download-lots-to-trade-cbot.html
" Lock in the profit and minimize the draw down "
Member Since Oct 06, 2015   1 posts
Dec 14, 2015 at 07:27
I can't download it, is it available in other link?
Member Since Jul 16, 2013   92 posts
Dec 22, 2015 at 22:06
Daniel, if you are referring to the link above for the cTrader cBot you can just visit RMMRobot.com and you can download. No registration is necessary and it can be run on both live and demo accounts without restrictions.
" Lock in the profit and minimize the draw down "
Member Since Feb 24, 2015   1 posts
Dec 23, 2015 at 14:44
Blog not found , can reuploud this file ?
Member Since Oct 08, 2011   6 posts
Feb 23, 2016 at 07:30
KL Effortless Risk Manager – the tool for traders for whom capital preservation is a top priority (MT4/MT5).

Let me present my new revolutionary method of sending orders according to what you see on chart, which is in full accordance with Risk Management. Initially, you need only enter risk amount of Account Balance in expert panel, this value is kept even after platform restart.
 Sending orders without human errors, using an appropriate currency pair, without gambling a lot size and with SL and TP set on chart according your technical analysis and methodology - all these are made in four mouse clicks and in a matter of seconds. The expert automatically knows what type of order you want to send. All six kinds of orders – market and pending - are supported.

https://www.klore-fx.eu/ERM_Pro.php

4X Lab is advanced visual order manager that do not occupy chart like many trading panels, and its short order lines don’t overlap your chart and your technical analysis. Lines also show important information about current trade. 4X Lab works with every instrument symbol and on every chart type.

 4X Lab allows you control reckless signal provider or other EA especially if your signal provider or EA doesn’t use SL and TP. You can control orders by trailing stop, break even, partial or hidden SL (if 100%), partial or hidden TP (if 100%). You can also control orders by common levels of SL or TP, partially too, and much more. All very easy, effortlessly and intuitively.

https://www.klore-fx.eu/4XLab.php
klore-fx@
Member Since Oct 08, 2011   6 posts
Feb 24, 2016 at 07:42
Current not published version of ERM

klore-fx@
Member Since Oct 08, 2011   6 posts
Feb 26, 2016 at 10:58
4X Lab Free - https://www.klore-fx.eu/4XLab.php

klore-fx@
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