• Registered: 2022-01-03
  • Posts: 22

Topic: Need indicator for closing position by ammount or percent

Is there a dedicated FSB indicator that closes positions based on Amount or Percent?

I mean, there are slots like:
List:
1.Percent
2.Amount

TakeProfit = 0
StopLoss = 0;

If you choose Percent, the TP and SL values are based on the Percent. If you choose Amount, the TP and SL are based on the Amount. However, if the TP and SL values are 0, it is inactive.

This is similar to the "Account Percent Stop" indicator, but it applies the TP and SL to the same value, and there is no Amount option.

  • Popov
  • Popov
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  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 8,139

Re: Need indicator for closing position by ammount or percent

The FSB Pro indicators take information from the market only to produce signals. The indicators have no access to the account and cannot create signals based on the account amount or percent.

We have somewhat similar functionality in the "Top 10 Robots" application.

We will have such features in the software I'm planning now.

Popov's Website

3 Reply by ridwan (edited by ridwan 2025-08-21 10:34:37)

  • Registered: 2022-01-03
  • Posts: 22

Re: Need indicator for closing position by ammount or percent

https://i.postimg.cc/R0VmGs55/photo-2025-08-21-16-28-26.jpg

but there is indicator named "AccountPercentStop" that we can use for EA so the strategy is will close order if reach the limit percent , i just wanna something similiar like that. but with some features that I want above.

Popov wrote:

The FSB Pro indicators take information from the market only to produce signals. The indicators have no access to the account and cannot create signals based on the account amount or percent.

We have somewhat similar functionality in the "Top 10 Robots" application.

We will have such features in the software I'm planning now.

  • Registered: 2016-05-10
  • Posts: 51

Re: Need indicator for closing position by ammount or percent

Popov wrote:

The FSB Pro indicators take information from the market only to produce signals. The indicators have no access to the account and cannot create signals based on the account amount or percent.

We have somewhat similar functionality in the "Top 10 Robots" application.

We will have such features in the software I'm planning now.

I understand now that the FSB Pro indicators only read data from the market. They do not connect to the account, so they cannot use balance or percent to give signals. This is safer because it does not risk account access. The Top 10 Robots app sounds useful with similar features. I think adding this to new software will help many traders. It will make trading easier and more automated.

  • footon
  • footon
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  • Registered: 2009-08-17
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Re: Need indicator for closing position by ammount or percent

BackStreetBoy wrote:

I understand now that the FSB Pro indicators only read data from the market. They do not connect to the account, so they cannot use balance or percent to give signals. This is safer because it does not risk account access. The Top 10 Robots app sounds useful with similar features. I think adding this to new software will help many traders. It will make trading easier and more automated.

This is the way the current program was built and it can be considered as a limitation, but not as a safer option, it's nothing to do with safety smile
And the indicator Ridwan is mentioning, is hard-coded to the program, and in this case it has access to position info. Custom indis do not have this possibility, hence it cannot be done unfortunately.