How do i make my entry size be the same for every pair. I tried the % equity =>lots
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How do i make my entry size be the same for every pair. I tried the % equity =>lots
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How do you define "same amount"? Isn't using some fixed lot amount, like 0.10, enough?
There's also an option to "risk fixed amount of money". -
this pairs are not priced the same, say for example I use the % of equity => lots on 1% of my equity. you get some with higher value on tp or sl. I would like to lose the same amount if I lose on every pair. like that I can maintain my 1:2 risk to reward
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So correcting for the currency value, hmm...
If eurusd is 1.1160 and volume is 0.10
Gbpusd is 1.2030
-> volume should be 0.1*(1.1160/1.2030) = 0.09 -
This calculation can be done in the custom value money management:
0.1 * (iClose(EURUSD, 0, 0) / (iClose(NULL, 0, 0)

I have never done this, though. Just using fixed lots are close enough for me, it doesn't make very much difference between 0.1 and 0.09
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@martin-5 What didn't work with %equity? If you have SL you might use the % equity based on SL

That works very well and takes into account the pip value.