D.Gilberto
Experienced member
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Hey guys,
I`ve read somewhere in the past where by, this fella used a specific EA within MT4 which allowed him great control over his risk.
In essence, what it did for him ( not too sure on the specifics on how it works within the platform) was to show the user the precise (or near) lot value that should be applied to the position of interest (entry price, short, long) in any given market, and was calculated by factoring in the stop loss from entry (points) over the % risk profile (of whatever yours is) of the closing balance.
Reason for this thread was to throw it out there for some more information on anyone who knows, or is currently using a similar EA or even an indicator and can suggest one from experience?
Cheers!
I`ve read somewhere in the past where by, this fella used a specific EA within MT4 which allowed him great control over his risk.
In essence, what it did for him ( not too sure on the specifics on how it works within the platform) was to show the user the precise (or near) lot value that should be applied to the position of interest (entry price, short, long) in any given market, and was calculated by factoring in the stop loss from entry (points) over the % risk profile (of whatever yours is) of the closing balance.
Reason for this thread was to throw it out there for some more information on anyone who knows, or is currently using a similar EA or even an indicator and can suggest one from experience?
Cheers!
