Looking for an MT4 script which executes order based on risk % and not lot size

Trading Tech and Tools
1

Hi,

I’ve been looking for a while to see if an MT4 script exists where I can press buy and it will execute a buy order of whatever % of my account I choose, so that I don’t have to calculate the exact lot size as this can be difficult when day trading because the price fluctuates all the time meaning that I have to keep changing my lot size before I get a chance to press buy. So for example, I set my stop loss with the script before executing the trade and then when I press buy, it will execute the order for exactly 1% of my account so that there is no need for me to enter a lot size.

Thanks for your help.

2

Looking for the same here, I would add the ability to take multiple profits tho.

3

Hi,

There are many EAs and scripts that can execute an order based on risk % for MT4.
I am using the ForexSpeedUp tool.
You also can preset several order templates with different risk %.