Requests and Raw Ideas

Originally Posted by newdigital

MoneyManagement visualizer - indicator for MetaTrader 4:

"This indicator will help traders in calculating lot size by draggin horizontal lines (Risk Management and Money Management).
Add horisontal line on your price graph and name it as "s" (like "starter"). This will add three horizontal lines (named: sl = StopLoss line, tp = TakeProfit line, order = OrderLine) with default parameters eg TakeProfit = 40p, StopLoss = 20p. You can drag this lines up and down. On left top corner you will see calculations of risks and money management.
This indicator have only one parameter Risk percentage per one order."

How to use it.

Open the chart, and add horizontal line and name it as 's'. After that only attach indicator to the chart, and you will see 3 lines: stop loss line, take profit line and order open line. We can move those lines on the chart, and lot size will be recalculating on the left side.

Example.

add horizontal line:

Attachment 18782

Attach indicator to the chart ('play' with the color of the lines and RiskPerOrder parameter):

Attachment 18783

and we will have the chart like that:

Attachment 18784

If we move the lines on the chart by mouse (if market is close so we need to refresh the chart after moving the lines: right mouse click - 'Refresh') so lot size will be re-calculated.

Attachment 18785

Thanks ND...

regards

Originally Posted by newdigital

MoneyManagement visualizer - indicator for MetaTrader 4:

"This indicator will help traders in calculating lot size by draggin horizontal lines (Risk Management and Money Management).
Add horisontal line on your price graph and name it as "s" (like "starter"). This will add three horizontal lines (named: sl = StopLoss line, tp = TakeProfit line, order = OrderLine) with default parameters eg TakeProfit = 40p, StopLoss = 20p. You can drag this lines up and down. On left top corner you will see calculations of risks and money management.
This indicator have only one parameter Risk percentage per one order."

How to use it.

Open the chart, and add horizontal line and name it as 's'. After that only attach indicator to the chart, and you will see 3 lines: stop loss line, take profit line and order open line. We can move those lines on the chart, and lot size will be recalculating on the left side.

Example.

add horizontal line:

Attachment 18782

Attach indicator to the chart ('play' with the color of the lines and RiskPerOrder parameter):

Attachment 18783

and we will have the chart like that:

Attachment 18784

If we move the lines on the chart by mouse (if market is close so we need to refresh the chart after moving the lines: right mouse click - 'Refresh') so lot size will be re-calculated.

Attachment 18785

Hi ND,

i dont like this one because as soon as i change time frame to do analysis it delete the line and i have to place horizontal line again...so do you have any other lot calculator?

let me know

thanks

Originally Posted by shg

Hi ND,

i dont like this one because as soon as i change time frame to do analysis it delete the line and i have to place horizontal line again...so do you have any other lot calculator?

let me know

thanks

If I find the other one so I will post it here.

I posted about this tool because the people were asking about how to use it (for example - "...name it as "s" (like "starter")...") so I spent some time to understand about how to install it ... it may be some issue with the translation from russian to the english (it should be in russian language originally) ...

This indicator is good. But it draw lines a little bit slope up. Can anyone change it to draw horizontal lines please ?
Thanks in advance.

Originally Posted by sangnakhon

This indicator is good. But it draw lines a little bit slope up. Can anyone change it to draw horizontal lines please ?
Thanks in advance.

Hi sangnakhon,

Please check out the updated indicator but I see there is some idea behind these slopes.

Regards,
Igor

Thank you very much, Igorad for very fast reply.

In the middle is sma 20 + ema 20. It' s good for the bladerunner strategy. It'll be good if we can choose any color too.
Thanks in advance.

The Bladerunner Trade - Forex World
Please see the like above for explaination.

This indicator plots many horizontal lines (daily highs, daily lows, daily open, daily pivot, weekly pivot, midpoint, atr etc.) which are useful for trading as support and resistance. But it doesn't work, may be it's for older version of mt4.
Can you please make it come alive ? Please

Originally Posted by sangnakhon

This indicator plots many horizontal lines (daily highs, daily lows, daily open, daily pivot, weekly pivot, midpoint, atr etc.) which are useful for trading as support and resistance. But it doesn't work, may be it's for older version of mt4.
Can you please make it come alive ? Please

i think it should be work now,error removed but 2 warning exist.be care,or moderators will be better guide you.
regards