The tool is used to calculate the size of the position that can be opened with the previously assumed risk. The risk can be defined as:
- percentage value of the account (%),
- nominal value, expressed in the account currency.
The size of position is determined by the distance of the planned SL (red line).
Input Parameters
- Lost_in_Money – if true, the value of the acceptable loss is determined by the parameter “Acceptable_loss”, else acceptable loss is determined by the parameter “Acceptable_Risk_Perc”.
- Acceptable_loss – the amount of loss allowed, in the account currency.
- Acceptable_Risk_Perc – allowed loss, defined as a % of the value of the account.
- Font_size – size of the description font.
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