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Money Management Feature

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daveM

Subscriber, bbp_participant, community, customer, 111 replies.

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7 years ago #112437

I created an EA that performs fairly well and now I want to use the MM feature……………. and I can not figure out how to get that feature to work.

 

Please tell me how to save it so that I can use the MM

 

Thank you

 

 

daveM

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Mark Fric

Administrator, sq-ultimate, 3 replies.

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6 years ago #125740

Hello,

 

first of all, to make MM work your strategy has to use Stop Losses, they are used to compute MM.

 

Then just choose the money management type you want in the Strategy tab, and then in your orders (for example in Enter at market) click on the […] button next to Quantity and select Use predefined Money Management.

 

That should be all that you need.

You can also parametrize the money management (create parameters for MM risk, etc.) so you can edit it in MT4.

Mark
StrategyQuant architect

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