Forex indicator MultiSymbol RiskManager is a multicurrency indicator that calculates lot size based on free margin and risk percent for each instrument from the list in the Symbol List.
Lot calculation is made according to standard and known to most traders the formula:
Lot Max Risk = Available funds * Risk / 100 / the amount of free margin required to open 1 lot for buying;
The MultiSymbol indicator RiskManager for each tool parameter list Symbol List displays in table form the following data:
Symbol — instrument Symbol;
Deal — the Total number of open trades for the symbol (not pending orders);
Symbol Lots — the Total size of open trades for the symbol (not pending orders);
Mode setting Use Mode "Broker Min_Lot" for calculation = false shows the calculated value of the Maximum allowed lot by the symbol (Max Risk, Lots);
When you Use Mode "Broker Min_Lot" for calculation = true shows the Maximum number-minimum lot allowed by Broker (Min Lots Number);
Free Lots — show the difference between the value of the Max Risk Lot and Lots Symbol;
Buy Lots — the Total volume of transactions for the purchase;
Sell Lots — the Total volume of transactions on sale;
Profit — Live score of all trades for the symbol.
While Max Risk Lots (Min Lots Number) > Free Lots — the line is painted in green Color of Positive Data, otherwise – red.
Pay attention to the Symbol List. List of tools separated by a comma without a space (GBPUSD,EURUSD – is True. GBPUSD, EURUSD — Not true).
Forex indicator MultiSymbol RiskManager is a great tool for compliance manamegment for traders who trade on several currency pairs