HOW TO CALCULATE PROPER RISK based from the Distance without STOP LOSS

[deathkid13]

I need to make my risk is based from the distance without STOP LOSS

example , on 50 pips, I need to make sure that my account will be only down 1% without using the stop loss.

It will be my trigger to enter another trade.

[deathkid13]

@jstap @l-andorrà @roar please help me guys

[jstap]

Never done this so I can't really help you with this, I always use a stop, there is an option in FX blocks as picture, test with bigger numbers, to risk 1% of account you will need to use a number more like 100 or even 1000.

[deathkid13]

@jstap where can I find the Pip value in fxdreema??

i can just formulate my own risk by doing

risk value / (grid step * pip value)

or something like that

[l'andorrà]

@deathkid13 AFAIK fxDreema does not have a pip value. What it does is applying the pip size rules offered by default here but that can be modified at will by clicking on the wrench icon on top right of the builder.