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January 16, 2024 at 12:28
#227182
Anonymous
Inactive
I think I figured it out.. so these bots have pre determined MAX STOP LOSSES in PIPS so we can calculate our lot size based on how much we want to risk in $ per trade using a standard lot size calculator / risk calculator.
So if I was trading this live, and I wanted to risk a maximum of $25 per trade .. my lot size would be .03 lots (based on a standard position size calculator) . the 100 pips for stop loss I am assuming this is a hard stop loss amount… So I could calculate this for each EA and have it so all my trades max loss would be $25.