Description

Here is the problem.
When USDJPY was at 110.065, you went long EURUSD at 1.12236 for 110,000 yen and cut your losses at 1.12071.
Q. How much will you lose when the stop loss is taken?

You can calculate this instantly, right?

Yes, it is 19,977 yen.

I can't calculate it.

However, if you don't know how much you will lose and you just place a stop-loss order, it is risky.

If you don't know how much you will lose, it is risky.

However, I have created something that solves all of these problems.

How much will you lose?
How many lots should I enter to be safe?
How much you can afford to lose

↑You can find out all of these things.

It's called "Risk Calculator".

However, this is a boring name, so I decided to call it "PipopaPips".
The name is "PipopaPips".

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Functions
Function to calculate the safe lot
It is calculated from the acceptable loss amount and the acceptable loss range.
If you set the stop loss of the acceptable loss range in the calculated lot, you can trade without exceeding the acceptable loss amount.

Function to calculate the amount of loss
The amount of loss is calculated based on the desired lot and the allowable price range.
You can trade without exceeding the calculated amount of loss by setting a stop loss of the allowable loss range for the desired lot.

Function to calculate the allowable loss range (stop loss)
This is calculated based on the desired lot and the allowable loss amount. (It can also be calculated as a percentage of funds instead of the amount of loss.)
(You can also use % of funds instead of the amount of loss.) If you set the stop loss at the calculated allowable loss range and trade with the desired lot, you can trade without exceeding the allowable loss amount.
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Recommended for the following people!
People who trade using charts in forex investment.
People who use TradingView or MT4/MT5 for trade analysis.
People who use TradingView or MT4/MT5 for trade analysis.
People who use the Trade Note function of Trading View.
People who use the trade note function of the trading view. - People who are diligent and want to manage their assets properly.
People who use demo trading to simulate trades.
People who know that they can control risk in Forex.
People with a high awareness of risk management who have been managing their assets with stock dividends

Translated with www.DeepL.com/Translator (free version)

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