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Thread: money management indicator

  1. #1
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    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. money management indicator-money.jpg

  2. #2
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    my indicator upload was blocked , pleease check it .

  3. #3
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    money managerment indicator

    FX Money Manager v2.mq4

    here is the indicator, I can upload it now

  4. #4
    Junior Member
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    Nov 2011
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    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

  5. #5
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    it should be similar if you use it to trade spx or gold. I didnot test it before.

  6. #6
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    Oct 2011
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    I have been looking for money management tool, thanks for sharing holyskychen!

  7. #7
    Junior Member
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    Oct 2011
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    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"?

    Thanks!

  8. #8
    Junior Member
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    Oct 2011
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    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?

  9. #9
    Junior Member
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    Sep 2012
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    Here is one I have used for many years.
    Attached Files Attached Files

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