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Risk and Lot size Calculator (RLCalculator) indicator for MT4

Jan 02 2013 at 14:54
10 posts

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:

MasterKey (MasterKey)
Jan 02 2013 at 15:18
31 posts
Thank you for sharing. It's an interesting indicator. I will study it. :-)

Nov 07 2013 at 07:33
1 posts
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.


Jan 20 2014 at 07:42
10 posts
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



pipable (pipable)
May 08 2014 at 07:48
62 posts
May 08 2014 at 12:14
10 posts
I have no clue. RLCalc is an indicator. I have nothing to do with that bigbang EA what you linked in. :)

Sep 16 2015 at 20:08
3 posts
can you code indicator to Calculation P/L by comments ?

Sep 17 2015 at 09:53
10 posts
I don't understand your request mate. Try to explain it a bit more.

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