volcalculator

This EA is not a trading strategy but a money management utility. Its core concept is to reverse-calculate the allowed trading volume based on account balance and the user's maximum tolerable loss percentage. Regarding entry conditions, the EA does not execute any entries; it only provides reference data for the trader's manual decision. Exit conditions are similarly absent — the EA does not automate stop loss or take profit execution. Position sizing is calculated via the formula MaxLossValue/STpip to derive per-pip value, then divided by 10 for lot size, which is a straightforward but simplified approach. Money management relies on the user setting a maximum loss percentage (default 5%), from which the EA computes the maximum affordable loss amount. The risk-to-reward ratio is calculated as the ratio of take-profit pips to stop-loss pips, and a trade is recommended only when RTR>=3. However, the pip calculation hardcodes a multiplier of 10000, which only works for 5-digit quote currency pairs and fails for JPY pairs or other non-standard pip sizes. Additionally, the pip distance is computed from the current close price rather than the actual entry price, introducing inaccuracy.