The VR Calculate Martingale indicator is a calculator for real or virtual orders and positions. The program allows the trader to calculate the average price of positions, regardless of their direction (buy/sell), relative to the current rate or the rate independently set by the trader.
With the help of the VR Calculate Martingale indicator, a trader can calculate the margin before making real trades. The indicator allows you to manually plot the price labels of positions in the places of the expected market entries. All calculation is done on the basis of virtual orders, which allows you to calculate scenarios without risk. Indicator interface is simple and intuitive, most actions are done with mouse.
Each virtual position of the VR Calculate Martingale calculator has its own set of options that allow you to:
Increase / decrease the position lot
To set the take profit/stop loss for each conditionally open transaction
Combine transactions into a grid or "separate" them into different series of transactions
Calculate the future amount of profit / loss relative to the rate set by a special label
In the VR Calculate Martingale information window, you can calculate the lot and the total trading result for all conditional trades. This is very convenient for traders who use the indicator as a calculator for Forex strategies: Grid, Martingale and Lock.
In the Grid strategy, the trader must keep the exit level at zero for all trades near the average Bollinger line with standard values to avoid a loss. VR Calculate Martingale can pre-calculate this value and the next entry point to the market.
In the Martingale strategy, it is important to correctly determine the increase factor for each subsequent trade, so that there is enough margin to hold all positions. Traders have to use Excel spreadsheets for such calculations, but the VR Calculate Martingale forex calculator can handle this task in a few clicks on the chart.
When locking orders, for example, using the "VR System" strategy, it is important for the trader to determine the unlocking points of the Lock in advance. This can be easily done with the VR Calculate Martingale price tag.
You can calculate your grid trading results
You can build a grid both in the direction of selling and buying at the same time.
You can build up to 7 grids simultaneously.
You can specify different volumes of orders and calculate everything in advance on the chart.
You can calculate profit for take profit by setting the price manually, dragging the label with the mouse or specifying the number of points.
You can calculate the loss for the stop loss by setting the price manually, dragging the label with the mouse or specifying the number of points.
You can calculate the average price for a group of orders at which all orders will be closed at zero or the specified profit.
You can calculate the average price if you have multiple buy and sell orders.
You can calculate collateral requirements for one or more orders.
Indicator works on any timeframe and with any financial instrument (Forex, CFD, Crypto, Metalls, Futures)
You can run multiple copies of the indicator on the same chart, just be sure to change the indicator prefix in settings.
The main menu of the indicator shows the total profit, the number of orders, the amount of margin and profit or loss.
If your lots are not constant and you have several orders in the market, it is very important to know the breakeven price. The price at which all orders can be closed at zero or a small profit.
VR Calculate Martingale - calculator for Metatrader is distributed for free, works in both versions of this program, so it is available to most traders.
The indicator can be used immediately after being attached to the chart, the principle of placing order labels is quite simple and understandable for beginners and professionals.
VR Calculate Martingale is ideal as a stock and cryptocurrency averaging calculator for Michael Edelson's "Value Averaging" strategy, very popular in the Wallsreetbets community and implemented on the Coinbase and Binance crypto exchanges
In the position averaging calculator mode, VR Calculate Martingale calculates the margin of up to 7 independent grids. This allows the trader to increase the number of traded instruments, significantly reduce the current loss by hedging positions in different types of the market.
Algorithm of operation
Drag the VR Calculate Martingale trading calculator to the selected chart of a currency pair or other instrument. The indicator can be used with the default settings, having previously determined the position of the price tag, setting it to the level of the current or arbitrary price.
Moving the price tag and orders is carried out by using the mouse to capture the notch protruding on the right. Positions are opened by pressing the Buy and Sell buttons in the main information window of the indicator, which can be moved to any place on the chart.
This main informer contains five lines for calculation:
Lots – the sum of lots of orders for the purchase and sale
Orders – the number of open Buy/Sell order labels on the chart
Margin – the margin used to open virtual positions
Profit – profit calculated separately for Buy and Sell orders
Live Profit – profit of open positions and orders
All Profit – total profit, the amount of profit and loss of open orders and positions plus closed positions
All calculations in this table are made relative to the price tag, not the current price of the instrument on the chart. The trader independently chooses the number and location of virtual orders. Each of them has its own set of options:
Panel for controlling the level of profit and loss Take profit/Stop Loss
The option of combining the orders into groups
The type of Buy or Sell order that the user can change at any time
The option to select the order status – by default, it is in the "Open" position, but the trader can choose: close the position at the current price, at the Take Profit/Stop Loss level, or remove it from the calculation systems
Lot size field (can be changed manually)
The price field displays the current level on the chart, but can be changed manually, the order is automatically moved to a new place on the chart
Window of the current profit or loss calculated relative to the price tag
The button to change the position of the position to the left or to the right
The order options allow the trader to see in advance the profit from the Take profit or Stop Loss set manually, or set by specific price levels or items entered manually in the drop-down menu (2). These orders are deleted with a single click on the name Take profit or Stop Loss.
All orders closed by the trader are automatically moved to the upper-left corner of the chart with the display of their financial result in the VR Calculate Martingale main window. This list can be edited via the status option (5), changing the "Close" state to "Delete" for deletion, or "Open" to re-display the position on the chart field.
To calculate the average price of positions, you need to link several orders in one network by selecting the same letter for all orders in option (3). The average price will automatically appear on the chart, at which all orders associated with it with rays will close at zero.
The position averaging calculator automatically changes all the indicators of the built network, when edited by a trader:
Adding and deleting related items
Moving the price tag across the chart field, the trader can see in the main informer window of VR Calculate Martingale how the overall financial result of the order grid you built will change, depending on the predicted (simulated) trend.
A trader can build up to seven networks on a single chart, each of which will have its own averaging price. To disband a union or any order, select the "tilde" icon in option (3).
The VR Calculate Martingale trader calculator conveniently visualizes Grid and Martingale calculations. This allows the trader to increase the profitability of strategies, effectively using the margin, adjusting the grid averaging, to the most likely level of closing losses.
With the help of VR Calculate Martingale, you can easily calculate the "knees" of the grid, quickly taking into account price changes on the chart.
Using VR Calculate Martingale in the stock calculator mode will help the trader maximize the profitability of strategies by selecting the calendar moment of monthly or weekly investments.
The indicator is indispensable for trading within the range in the strategy of "night" trading, helping to average positions to zero, when price fluctuations go beyond the support or resistance.
The VR Calculate Martingale Position Calculator is more effective when used with other trading indicators. For example, the Bollinger lines or ATR levels will help determine the points of the most likely price rebound, which open the opportunity to close the grid "to zero" or increase the position to get a profit.
With a trend-following strategy, VR Calculate Martingale can be used to calculate the entry to a trade to keep the average price of positions far enough away from the current quotes.
The indicator is indispensable in pair trading arbitrage strategies for calculating compensation when the spread between two stocks, commodities or currency pairs with stable correlations increases. The trader can calculate in advance how much one of the positions can be increased to compensate for this growth.
When trading the martingale strategy, the trader must pre-calculate the total margin position, the maximum number of bends and the increase of the coefficient positions. In case of long-term grid retention, it is necessary to insure the trading process with the help of VPS in order to avoid disconnection from the broker's servers.
Element size - settings for the elements dimensions
Width of graphic objects - width of graphic objects
Height of graphic objects - height of graphic objects
Text size - text size
Tooltips / Training - useful tips and hints
Virtual order settings - virtual order settings
TakeProfit by default - TakeProfit by default
StopLoss by default - StopLoss by default
Lots by default - lots by default
Prefix settings - prefix settings
Object prefix - objects prefix
Color scheme settings - color scheme settings
Color Scheme - color scheme
Buy color - Buy orders color
Sell color - Sell orders color
Background color - background color
Loss color - loss color
Profit color - profit color
Color of the text on the buttons - color of the text on the buttons
Color of the virtual price label - color of the virtual price label
Network A color - Network A color
Network B color - Network B color
Network C color - Network C color
Network D color - Network D color
Network E color - Network E color
Network F color - Network F color
Network G color - Network G color
Network J color - Network J color
Version 21.020 - 09.02.2021
Fixed display of Stop Loss and Take Profit in points; previously, when setting values, the value was displayed 1 point less. Everything is working correctly now!
Earlier, if the virtual order of the calculator was closed by Stop Loss, Take Profit, then when the order returns to the market, Stop Loss and Take Profit levels stayed outside the schedule. The levels now work correctly and return to their places.
Earlier, when building several networks of orders and changing groupings, averaging lines could remain in the process of work. Now everything works correctly, disabled groups hide the averaging lines in time.
Previously, when changing the color scheme, the color changed only for virtual orders. The color of the information panel did not change. This is now fixed and works correctly.
Added display of profit and loss values to buttons for closing a virtual position.
Update history - latest 5 versions
Version 21.011 - 27.01.2021
In some cases, the lines indicating take profit and stop loss could have the status ray and continue beyond the chart. I fixed this, now the lines clearly end at the text marks.
In some cases, if a trader moved a text label with a take profit, stop loss, or average price to the left, the label could return to its place and not be fixed. Now the label will be returned if it is more than 3000 bars to the left.
By default, the indicator is assigned a light color scheme, you can change it to another one through the indicator settings.
Version 21.010 - 23.01.2021
In this update, several new features have been added to the VR Calculate Martingale indicator.
Attaching virtual orders to real ones is an opportunity to impose virtual copies of orders on real market positions. Thanks to this, with the help of the indicator, you can now calculate the future development of market situations, calculate lots, new prices, and averaging prices.
Virtual order reversal - this feature allows you to turn virtual orders to the right and to the left.
The calculator has a help in Russian and English languages.
Updated video instructions.
Fixes and improvements have affected the entire indicator code. A complete revision of all the functions of the order calculator was carried out.
Corrections that have been made:
Now the indicator works correctly when changing the time frame. In previous versions, all virtual orders could be reset to zero.
When you remove the indicator, now all your objects are deleted properly, previously part of the objects could remain.
VR Calculate Martingale order and position calculator has received several new color schemes, you can choose a ready-made color scheme or customize your own.
Version 19.112 - 13.11.2019
Corrections: Removed system hints.
Reworked: Improved and optimized the process of opening orders, now after clicking on the Buy or Sell button, the trader clicks on the place on the chart where he wants to place the order
The price tag appears next to the first order
After closing, the order is moved to the upper-left corner, when the order is reactivated from the closed list, the order returns to the place from which it was closed.
Version 19.111 - 04.11.2019
Fixed: The amount of collateral is now counted correctly.
Changed: Live Profit - Calculates the profit of open orders All Profit - Calculates the entire profit of closed and open orders
To hide the update history
Bug fixes and behavior corrections.
What's in the archive
For MetaTrader 4
VR-Calculate-Martingale-RU.ex4 - Russian version program file
VR-Calculate-Martingale-EN.ex4 - English version program file
For MetaTrader 5
VR-Calculate-Martingale-RU.ex5 - Russian version program file
VR-Calculate-Martingale-EN.ex5 - English version program file
Question: What strategies can the indicator calculate?
Answer: the indicator can calculate absolutely any trading strategies. Swings, tumblers, avalanches - anything. Strategies using the take profit and stop loss with an increase in the lot. The indicator gives the trader complete freedom in calculations.
Question: How difficult is it to run the program?
Answer: The program starts after it is attached to the chart, the trader can immediately start placing orders using the default settings
Question: Can I calculate buy orders separately from sell orders?
Answer: Yes. Use the option to combine orders into groups by marking the Sell position with one letter and the Buy position with the other letter.
Question: Where can I find a list of brokers that support VR Calculate Martingale indicator?
Answer: The indicator works for all Forex brokers using the Metatrader platform
30$ - The price of the program for rent for a time, the price is indicated for the minimum period. The maximum number of computers is 30. There are no other restrictions.
78$ - The price of the unlimited program version, including discounts. The maximum number of computers is 30. There are no other restrictions.
VR Watch list and Linker is an expert advisor for synchronous changes of financial instruments in open windows of the MetaTrader terminal. Choosing a trading instrument in the market overview, you will immediately get charts in the open terminal windows. Each window can be configured individually by you.
0 $ - Payment and an affiliate program are NOT required.
The script uploads the trading history according to the specified settings. In the uploaded file, the trader can see hidden fees and real prices for executing trading orders. It is designed to create reports in csv format for a more in-depth analysis of the trading history in Excel, Openoffice and Libreoffice.
30$ - The price of the program for rent for a time, the price is indicated for the minimum period. The maximum number of computers is 30. There are no other restrictions.
69$ - The price of the unlimited program version, including discounts. The maximum number of computers is 30. There are no other restrictions.
VR System is not just an indicator, it is a well-balanced trading system that includes combined simple Moving Average and Donchian channel indicators. The system is based on classic trading rules. The VR System trading system takes into account the rules for entering the market, rules for holding a position in the market, and rules for exiting a position.
Important! Website trading-go.ru it does not provide trading services on financial markets, does not provide access to financial markets, prices, quotes, leverage and other financial instruments, is for informational purposes only and is not responsible for the consequences of your trading decisions or the operation of the software. The user is aware that there is a risk of losing the Deposit in full during trading operations on the market. Trading in the market is not recommended for everyone, and You should fully understand these risks.