Forex Risk Calculator 2 3
Forex Risk Calculator 2 3 is an indicator for MetaTrader 4 from the Old Kings collection. It is set up for gold. It has 6 settings, for example max risk per symbol (default 200), max risk per account (default 5%) and add profitable positions (default TRUE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Risk Calculator 2 3
Forex Risk Calculator 2 3 is an indicator for MetaTrader 4. It is set up for gold (XAUUSD). It has 6 settings, such as Max risk per symbol, Max risk per account and Add profitable positions. MQL source code included.
Files in the download: Forex-risk-calculator.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Max risk per symbol | 200 | Risk per trade (percent of balance) |
| Max risk per account | 5% | Risk per trade (percent of balance) |
| Add profitable positions | TRUE | |
| Calc details | FALSE | |
| Alert color | Red | Turn this alert on or off |
| Comment color | Yellow | Colour on the chart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Risk & Lot Size · Gold (XAUUSD) · MT4 Indicator · MQL4 Source Code