Money Management personal adjustmets.
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Good day @fxDreema , I am having trouble finding the rght money management option for my trading.
I would like my lot size to be my (Account balance * 5%/stop loss).
Or just the (Account balance * x%) with the x%being a variable that I can change.I would really appreciate any advice on how to do this.
Regards Jannik
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If you select "Fixed volume", you can see it has a fixed value of 0.1 as a default. But you can actually put a MQL4 formula over there without problem. You can use MQL4 functions, such as AccountBalance() or AccountEquity() or others. Or variables.
For example:AccountBalance() * MyVariableName
Value such as 5% will probably not work, better write it like 5/100