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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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    • M
      martin 5 last edited by

      How do i make my entry size be the same for every pair. I tried the % equity =>lots

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      • roar
        roar last edited by

        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".

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        • M
          martin 5 last edited by

          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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          • roar
            roar last edited by

            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

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            • roar
              roar last edited by roar

              This calculation can be done in the custom value money management:
              0.1 * (iClose(EURUSD, 0, 0) / (iClose(NULL, 0, 0)
              0_1572545698689_191530f8-daa1-44a8-8cdd-b3605378ca51-image.png

              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

              Need small help? Tag me in your post
              Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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              • T
                trader.philipps last edited by

                @martin-5 What didn't work with %equity? If you have SL you might use the % equity based on SL

                0_1572660077727_00e7a437-5211-41a8-825a-69e3bf93ac5a-image.png

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

                I like to share my knowledge, but expect the others to contribute as well.

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