When opening a position you're taking a risk of losing money. The amount of risk you take is based on three factors: how well the EA chooses its' opening price, the maximum amount of draw-down and the position size (volume) in lots. Our money management (MM) modules manage volume.
The Linear lot size money manager will adjust the lot size based on the available balance or equity. If there's a minimum or maximum lot size the broker has set for the symbol you're trading, the lot size will be at least the minimum and not more than the maximum per order.
SettingsThe Fixed lot size money manager has a single setting for setting the amount of lots per trade. The amount of lots will most likely always be the same for each order, however if there's a minimum or maximum lot size the broker has set for the symbol you're trading, the lot size will be at least the minimum and not more than the maximum per order.
SettingsThe Martingale money manager will multiply the lot size by a configurable value after an order with a negative result. The lot size can multiply multiple times when multiple losses were taken in a row. This strategy is only useful for strategies with a high probability of winning a trade. Significant risk is taken when using this module. If there's a minimum or maximum lot size the broker has set for the symbol you're trading, the lot size will be at least the minimum and not more than the maximum per order.
SettingsThe fixed risk money manager will calculate the orders' lot size based on the amount of money you want to risk per order. The money manager will only be able to do this if the Stop loss is known at the moment the order is opened. If the Stop loss is not known, it will fallback to the 'Fallback lot size' value.
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