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3,251,194 satisfied buyers
Forex Percent Risk Management Scripts Protect your Account
You will be getting a BuyTrade script and SellTrade script. After you add these files to your mt4 you will simply drag the script onto the chart that you want to open a trade in.
The script will prompt a settings window where you will specify your details. Only two functions are needed to make the script work, note that this will work on 4 digit and 5 digit terminals (and all leverage type accounts).
When you get the pop-up box enter how much percent you want to risk (recommend under 3%)
Next input your stoploss level price
Press OK, depending on the script, it will open a buy/sell trade trade. the lot size will be calculated by the distance between price and stoploss.
Example: Say you have a 2000 dollar account. When you set risk of 1% and stoploss the script will open a calculated lot size so that if you get stopped out you only lose 1% of account (or 20usd based on 2k account).
If you dont have a stoploss level then leave as zero. You can still use the script based on specific number of stoploss pips. For instance
Risk= 1%
StopLossPip= 50
Max you will lose is 1% (-50 pips)
What you will receive
sell trade MQ4
Buy Trade MQ4
PDF INSTRUCTION
File Data
This file is sold by egyptain1970, an independent seller on Tradebit.
| File Size | 1 megabytes |
| File Type | ZIP |