Break Even Point Calculation
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Let's say that my account have 4 open trades with different open price and different lot size.
First Open Trade : Type = BUY , Open Price = 1.3000 , Lot Size = 0.01
Second Open Trade : Type = BUY , Open Price = 1.2950 , Lot Size = 0.02
Third Open Trade : Type = SELL , Open Price = 1.2900 , Lot Size = 0.03
Fourth Open Trade : Type = SELL , Open Price = 1.2850 , Lot Size = 0.04
What is the formula to calculate Break Even Point of these 4 open trades ? and give me the Sample in fxDreema. Thank you -
@cheaponreay01 give ea instruction close all positions once total balance is 0
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@gharti I want the EA to draw the horizontal line on break even point on the chart
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Dear @administrators please help me.
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@gharti said in Break Even Point Calculation:
@cheaponreay01 give ea instruction close all positions once total balance is 0
Did you mean total balance on the account? This will not work since there might be number of other trades open as well (at least in the trading strategy I use)
Is there a way to find out total balance on bunch of trades with certain criteria?
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I have an MT4 Indicator that calculate Break Even Point for multiple open trades, I want to convert it to an MT4 EA by using fxDreema block, now I don't understand and don't know how to do it. Please help me.0_1501683246668_Break Even Point MT4 Indicator.mq4
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I suppose that you can add the indicator in fxDreema to use it. But it doesn't have any buffers, it only prints objects and you need to work with them. https://fxdreema.com/examples#Chart-Objects
