# forex software

Create and Test Forex Strategies

forex software

Forex Software

Create and Test Forex Strategies

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# Updated Auto lot size modification.

Forex Software → Updated Auto lot size modification.

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## Posts: 5

#### Topic: Updated Auto lot size modification.

Hello,

I would like to add the ability for the EA to increase lot sizes when a certain amount of equity has been reached.

So if the equity is \$1000 or less, I would like the lot size to be .1.
If it is \$2000.00 to \$1001, I would like it to be .2 lot size.

I am new to this software and I appreciate your help.

R/

#### Re: Updated Auto lot size modification.

How long do you think will take to double your account?

If it is more than a week, you can simply stop your expert on Saturday, increase the lot size and run it again.

#### Re: Updated Auto lot size modification.

Yes thank you.

How would I have my EA open a new position at 2% of the account equity? Maybe I am misunderstanding. Please help!

#### Re: Updated Auto lot size modification.

If your account is \$1000, 2% is equal to \$20.
Let's say your broker's leverage is 1/30. It means you can open a position of \$20 * 30 = \$600 (or 508 EUR).
The normal lot size for EURUSD is 100000 EUR, so 508 / 100000 = 0.005. However, the minimum amount you can trade is 0.01 Lot.

It means that 0.01 * 100000 = 1000 EUR, which requires 1000 / 30 = 33.33 EUR leverage. It is 39.33 USD or about 4% of your account.

You need an account of \$2000 if you want to open a position of 0.01 lot EURUSD with a required margin of 2% of it.

#### Re: Updated Auto lot size modification.

That makes sense. How would I set the EA to open another position while still having one open?

## Posts: 5

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Forex Software → Updated Auto lot size modification.