Money Management - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The EA calculates the current account balance and based on the risk and profit percentage entered by the user, it can close the trade with a profit or loss.
This tool may be helpful to those who prefer to manage their positions this way.
In P_pro, I added a line of code to open sell positions one at a time. This is just to demonstrate how the EA works, I have removed this functionality in Money Management mq5.
If you find any bugs or issues please let me know.
Attachment download
📎 p_pro.mq5 (3 KB)
📎 money_manager_1.0.mq5 (2.87 KB)
Source: MQL5 #43904
Fund Management - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Fund Management - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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