How do I set a lot multiplier?
4 replies
chibobski84
7 years ago #115426
Hello guys,
I want to make a Lot Multiplier for the EA settings, Do you guys know how to set it up?
tomas262
7 years ago #138737
Hello,
do you mean you want your EA to automatically calculate the lot size but you need an ability to override the calculation and increase that value? Or can you be more specific how it should work exactly?
chibobski84
7 years ago #138744
Hello,
do you mean you want your EA to automatically calculate the lot size but you need an ability to override the calculation and increase that value? Or can you be more specific how it should work exactly?
Hi
It’s a martingale system
Yes, I want the EA to have the ability to calculate the lot size. With each negative P/L it will open a new order (based on my specification [no problem at all]).
It all starts with the first lot
Example: 1st Lot = 0.01
Multiplier = 2.00 (example)
The next lot would be = 0.01 * 2.00 = 0.02 Lot
After that if the P/L is still negative, the next lot would be= 0.02 * 2.00 = 0.04 Lot
I.m trying to make the multiplier to be accessible in EA, which means we can adjust it to our liking in the EA settings in MT4.
I hope this clears it up.
Thanks
tomas262
7 years ago #138789
You cannot do that with built-in MM system but you can easily create your own. See the example attached including your multiplier
chibobski84
7 years ago #138798
You cannot do that with built-in MM system but you can easily create your own. See the example attached including your multiplier
Thanks, I will take a look into it. 🙂
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