Kreslik.com - traders community since 2006

That's awesome Avery! (song playing in my head "We didn't start the fire" hehehe)

Don

TRO, That's very good. Thank you. I would submit only one request: You see how we have TickValue? We know that TickValue assumes one lot of contract size (Lot Value). I request that a new line be added at bottom to give the actual pip value, given the number of lots that are recommended. For instanc...

TRO, Here you go again trying to do something just for dumb little ol' me, huh? Well, maybe you should read my last post before going and making changes to an indicator that needs stuff fixed in it before adding anything. For the end users sake, not mine (since I, like dragon33, and I'm sure you, kn...

TRO, With all due respect, just found something I'd like to bring to your attention. I do like what you've done to help improve the dragon33 money management indicator for the users (since obviously dragon33 already knows what he's doing, this is more to help the new users of the indicator that are ...

I understand now dragon. 30 in your pic is saying 30 mini lots. This correlates to way MBT Navigator displays mini lots. If putting in your order on MT4, a user could assume it means 30 standard lots, since 30.00 is 30 standard lots in MT4, not 30 mini lots. I have no problem, now knowing this. I st...

TRO, Your math here is correct. However: 1. MT4 uses standard lots by defaut. 100,000 contraqct size by deafult, not 10,000 contract size by default, so 1.00 in MT4 is 1 standard lot, not 1 mini lot. If the user knows that they are given mini lots and not standard lots as whole numbers, that would h...

sundog, The pip value (TICKVALUE in MetaEditor) is given by MT4, according to what it is set with your broker. For FXDD (what I use), MT4 has pip value of a standard lot. Therefore, when I get number of lots as being a whole number, I know they are the number of standard lots recommended. When the n...

TRO, If you're not going to listen, that's fine. However, dragon33 said he only risks 5%. The indicator is risking 50% per trade. Do the math before rebuttling. I know what I'm talking about. I never said dragon33 was wrong, I said the indicator was wrong. Do the math. Take the number of lots the in...

Attached an update. Added Actual Account Currency risked in red. This is Actual Value Per Pip x Stop Loss (in Pips). Don Edit: Added ( Standard . Mini Micro ) next to number of lots to help users see that the standard lot is to the left of the decimal, mini lot is one place to the right of the decim...

I'm attaching an update. I've added the actual value per pip in green. This is pip value per (standard) lot x number of lots.

Edit: I removed this indicator and updated indicator in next post, which includes these changes.

Don