V1N1 New Order - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources

The tool is designed to open/hold positions in the MetaTrader 4 terminal, with absolute control over the risk/reward ratio, automatic calculation of lot sizes based on the risk and stop loss defined in the input parameters (without manual calculations and/or spreadsheets), agile and precise, assisting users with risk management strategies for manual trading.

It calculates lot sizes based on user-defined risk and reward and adapts to various strategies. Basically, all the user needs to do is set the stop loss position, risk/reward ratio and the order will be included based on these parameters.

This tool provides resources that are not available in the New Order command of the MetaTrader 4 platform, as a complement to this command.

Attachment download

📎 v1n1_new_order.mq4 (24.64 KB)

Source: MQL5 #17466