If you need to do position sizing calculations for constant account risk on your entries then this natty ForexTester script is for you. When you run the script it automatically replaces your order with one sized to the correct amount for your required risk. It saves countless hours in back-test sizing calculations.
- Automatically calculate sizing according to a fixed percentage of account risk or fixed $ amount.
- Automatically set take profit levels at a fixed reward to risk ratio
- If you want to “bracket” a single bar then entry and stop-loss prices as well as the position size are all automatically calculated
See our introductory video for details:
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