Thank you I will watch the video.
J
Posts made by jevfx
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How to convert money to pipsposted in Questions & Answers
I am creating a Hedging EA that places a hedge order whenever a manual trade is placed, it uses a pending order instead of a stoploss. My challenge is I want to be able to input money and based on the lots of the initial order placed it will determine the distance in pips for where to put the pending order. The idea is the distance between the order placed and the pending order should be "$n" so if I want to risk $100, as soon as I am -$100 the pending order should be active. Can someone help, should I calculate pip value and if yes how?