How to setup proper lot size for gold

Home Forums General Questions about the Telegram.Forex Application How to setup proper lot size for gold

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  • #7037
    Musallim Abdulla
    Participant

    I am still struggling to setup gold lot size properly. Fixd lot sizing doesnt seems to work for me. I guess custom lot size has something to do with it. I am using exness, can someone help me?

    #7056
    Veronika Momir
    Moderator

    Hi Musallim,

    There is an option to use custom lot sizes for some symbols. In the inputs, there is a section “Custom Symbol Settings”, and you can set up 10 different symbols there. For example:

    – Custom symbol name = GOLD (this is how the symbol is referred to in the signals)
    – Use as symbol = XAUUSD (this is the symbol used in MT4)
    – Lot size = 0.1 (lot size used only for this symbol)
    – Pip value = 0.01 (for calculations if the signal has SL/TP in points)

    Telegram.Forex

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