money management indicator
very happy to come back to this forum.
Here is my first poster for money manegermant.
we can change the setting for each account. given we have a amount of 10000 $, If we want to set 2% risk (200$), put 0.02 to risk. If we want to put a stop loss for 40 pips for each trade, then the position size is 0.5 lots .
change the risk and stoploss pips as we wish, in most cases, donot put more than 5% risk.
my indicator upload was blocked , pleease check it .
money managerment indicator
FX Money Manager v2.mq4
here is the indicator, I can upload it now
thanks man. do u have any version for non-fx such as spx and gold?
and have u compared this one with the one griffen (?) posted? thanks
it should be similar if you use it to trade spx or gold. I didnot test it before.
I have been looking for money management tool, thanks for sharing holyskychen!
Really appreciate your great tool.
However, it's hard to see commented words on screen.
Would you please use object creating function to substitute for those "Comments"?
tested the tool on EURUSD AND GBPJPY and found out all results are zeros.
I input the stoploss in pips and open price in parameter window, but got
zero results. Is there anything wrong?
Here is one I have used for many years.
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