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Money Management
//+------------------------------------------------------------------+
//| Monay Managment.mq4 |
//| Copyright © 2010, Cisco Press. |
//| error.detection@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2010, Cisco Press."
#property link "error.detection@gmail.com"
#property indicator_chart_window
#property indicator_buffers 2
extern color indicator_clr1= Gold;
extern color indicator_clr2= Aqua;
extern int SL=40;
extern double Risk=0.02;
extern int Order.No=1;
extern int Position =1;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
ObjectDelete("lot");
ObjectDelete("lot1");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
//----
DisplayText("Lot","Allow Lots Per "+Order.No +" trade with Risk "+DoubleToStr((Risk*100),0)+"% :","Arial",18,indicator_clr1,80,10,Position);
DisplayText("Lot1",DoubleToStr(Lots(),2),"Arial",18,indicator_clr2,10,10,Position);
//----
return(0);
}
//+------------------------------------------------------------------+
double Lots()
{
double accfr= AccountFreeMargin();
double PV=MarketInfo(Symbol(),MODE_TICKVALUE);
double Lot = (accfr*Risk)/(SL*PV);
if (Order.No==1)Lot=Lot;
else Lot=Lot/Order.No;
return (NormalizeDouble(Lot,2));
}
//+------------------------------------------------------------------+
void DisplayText(string objname, string objtext, string fontname, int fontsize, int clr, int x, int y,int Cor)
{
ObjectCreate(objname,OBJ_LABEL,0,0,0);
ObjectSetText(objname,objtext,fontsize,fontname,clr);
ObjectSet(objname,OBJPROP_CORNER,Cor);
ObjectSet(objname,OBJPROP_XDISTANCE,x);
ObjectSet(objname,OBJPROP_YDISTANCE,y);
}
//+------------------------------------------------------------------+
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