How to calculate risk volumes and stop loss

[@MrQVeeBoo]

Very clear sir, thank you for making this. I can;t find others except yours that explain step by step regarding point, tick, and the instrument. Others just wrote the code then explained but not clear enough. Thank you

[@totati]

Dear Arthur, again this was a very helpful video, thank you! I would like to see something similar about the margin calculation and the calculation of the stop-out and margin-call distance.

[@opelcorsa9398]

You are amazing richard ❤

[@OrchardForex]

Thank you

[@MrQVeeBoo]

Sir, I got a question. In mql5, why’s the differences between NULL, _Symbol, and Symbol()? I saw some use NULL, some use _Symbol and some use Symbol(). But I don’t; get it what’s the difference between those. The documents didn’t;t stated that clearly why but just said that _symbol is same as symbol(). But what’s the point?

[@colinsands3809]

Hello, thanks for this video, it’s a much tidier solution than what I was using! I’m finding that lot sizes when using currencies with the Yen are about 100 times too big! Do I just divide my risk% by 100? Or is there a better way around this issue? Thanks for your videos, I’ve learnt a lot from them

[@OrchardForex]

If you are getting volumes like that thenh you haven't copied the code correctly. Maybe review where I set the example price delta and the comment there double stopLossDelta = 0.00567; // 567 points because I'm testing with a 5 digit symbol

[@colinsands3809]

Yes, I’ve checked - I think it may be a problem with my provider, something to do with their margin levels based on 100 Yen, not 1 Yen….i think! Thanks anyway, fantastic video

[@shelleyh806]

@OrchardForex - Is it possible to make an EA to set an automatic TP and SL for only 1 pip when placing a trade? or is this too tight for MT5? (an example may be for the EURUSD where the spread is only 0.2)

[@tradingmeditationwithjulie4013]

Very clear as in, like a crystal clear. You sir orchard is a wholesome guru. Thank you for sharing your good knowledge. Just want to clarify sir, the volume is the input lotsize, is that correct? Just wanna ask, What if given a Risk of .05 percent of account balance or equity and With the given stoploss high or low either way. In order To get the exact lotsize, how to set a code for this? Again, Lots of thanks to you sir and blessings.

[@OrchardForex]

Volume is lot size. Positive or negative movement the calculation is the same but you need to use a positive price movement. If there is going to be a big price movement remember that the value of a single tick can vary over the range, but this should be close enough. For an exact volume maybe see this kzbin.info/www/bejne/o5Cnc5aXrb2gkLs

[@tradingmeditationwithjulie4013]

@@OrchardForex thank you so much sir for sharing. I watched.the video and now i know. I learned a lot from you. Hope you can make a video for a candle pattern formation once detected it will create a box if signal triggered and will place pending orders buy and sell limit where opposite side serves as SL without TP but when price in pips (ex. 50 or so. Or in profits), adjust trail stop will activate. Hope you can make one. Thank you again sir. More pip powers.

[@Stisse12]

The risk function was what I have been thinking of to do since I add to trades in profit and need to be careful with on how much.. so is there an easy way to get the sum of all open trades? Thanks

[@OrchardForex]

Only by looping through all open trades.