Hello,
I have what seems to be a fairly straightforward request. I would like an indicator just like the one on the FXCMApps called "True Leverage" except I want it to show the total risk I am currently exposed to. In other words, if all of my open positions were stopped out at that moment how much money and percentage of account I would lose. It should show the total amount for all open positions and not limit itself to that particular currency pair. It only has to perform the calculation once, it does not need to update itself in real-time, just calculate the numbers when it starts up.
I want to be able to see what percentage (and value) I am currently risking so that, over all my open positions, I do not risk too much. I can stick to the 1% or 2% rule per trade but it would be nice to know the total exposure of the whole account.
Thank you