Position Sizing & Risk To Reward Ratio

[Apprentice]

Position Sizing with ATR

Risk To Reward Ratio
Helper for defining these, Entry Orders Stop Levels.

It enables you to the definition, risk to reward ratio, number of contract,
Entry level (manual or automatic), automatic or manual definition of capital that you are willing to risk (Pip or $) ...

Position Sizing
Tool has two modes. Volatility and Risk.
If you use a volatility mod, increased volatility, ATR, move away, Stop Entry level.
Risk mod - you define the distance for stop orders manualy.

Position Sizing.lua

Position Sizing

(7.47 KiB) Downloaded 3576 times

Risk To Reward.lua

Risk To Reward Ratio

(4.85 KiB) Downloaded 3402 times

MT4/MQ4 versions
https://fxcodebase.com/code/viewtopic.php?f=38&t=65690
https://fxcodebase.com/code/viewtopic.php?f=38&t=73029

Risk To Reward Tool.lua

(11.52 KiB) Downloaded 573 times

[Apprentice]

Position Sizing & Risk To Reward Ratio Tool Update.
Both now Support the automatic retrieval of Equity / Balance status of your account.

[Apprentice]

Bit of a face lift for both.

[Silverthorn]

Is it possible to make the stop loss line able to be repositioned on the chart for the Position Sizing Indicator? ie.

Select and drag the stop loss to under the nearest swing, support or resistance point and have the TP and position size adjust to maintain your correct position size for the required exposure. Also display your RR ratio based on the SL and TP.

[AliRaza08]

Select and drag the stop loss to under the nearest swing, support or resistance point and have the TP and position size adjust to maintain your RR ratio and correct position size.

[Apprentice]

The strategy was revised and updated.

[Silverthorn]

Hi Apprentice,

Is it not possible to have the stop loss able to be repositioned on the chart for this indicator?

[Apprentice]

Sure. Use "Value/Pips at Risk"
Entry price will be used as a reference value.

[Silverthorn]

Sorry I wasn't clear in my last post.

Is it not possible to reposition the stop loss by dragging it on the screen?

[Apprentice]

Is it not possible to reposition the stop loss by dragging it on the screen?

Unfortunately no.