Forex Forum

FAQs & EA settings => Frequently asked questions => Topic started by: admin on March 21, 2010, 06:11:20 am

Title: what I should set for First_Lots_Size?
Post by: admin on March 21, 2010, 06:11:20 am
Important: (while changing the parameter First_Lots_Size from 0 to anything else please take care the following)
First_Lots_Size should be in the multiple of 2 X [minimum allowed lots size by your broker]
say,


What is the best appropriate value for First_Lots_Size?

calculate this: [amount required to open minimum allowed lots size in your account on 100:1 leverage] X 100
say, you need $10 to open 0.01 lots on your MT4 on 100:1 leverage, then the result would be, $10 X 100 = $1000
So now if you have approx $1000 in your account then you may set First_Lots_Size=0.02   [as 0.02 is the lowest possible value]
and on every increment of $1000 in your account balance you may increase the First_Lots_Size to 0.02
for eg. if your account grows to $4000 then you may set First_Lots_Size=0.08
{but try to set it small for very safe side}