Closing trades, risk management, lot size for metals/indices

Home Forums Suggestions, Feedback, General Comments Closing trades, risk management, lot size for metals/indices

Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • #8629
    KouCai Tan
    Participant

    Hi,

    For the signal group I’m in, he only has 1 open trade most of the times. As such, when he send “close now”, the trade doesn’t close and hit sl 😅.
    Is it possible for the copier to close trade without specifying pair if there’s only 1 open trade?

    I’m using the calculate lot size from risk percentage. I realised that the copier calculates it from the signal price rather than the open price. Possible for it to be calculated from open price instead?

    Thanks in advance!

    For metals & indices, is it possible to change how lot size is calculated from risk percentage? Different broker has different minimum lot size, contract size, etc. For mine, it opens X10 of the intended lot size. ie. it opens up a 10% trade when I wanted to risk 1%

    #8709
    Veronika Momir
    Moderator

    Hello KouCai,

    I think closing the trade can be implemented, but it’ll work only if there is one open trade from that signal provider.

    We’ll see what we can do about calculating the risk from open price and the % risk in gold, thanks for letting us know.

    If you want to have the same open price as the signal, you can use “Change Market Signal to Pending Order”. This will open a pending order at the entry price given in the signal.

    Telegram.Forex

    #8857
    KouCai Tan
    Participant

    Hi Veronika,

    Maybe custom risk percentage can be implemented for specific pairs. That’ll help with golds and indices.

    Also, is it possible to set TP,BE and traling SL by percentage?

    #8963
    Veronika Momir
    Moderator

    Hi KouCai,

    The new version (1.14.8) was just uploaded. The problem with wrong risk percentages in CFDs is fixed now. Also, the risk percent is now calculated using the open price of the order, not from the signal price. Thanks for reporting these issues.

    To answer your question, it’s not possible to set TP, BE and SL based on percentages.

    Telegram.Forex

Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.