how to use MM without having real TP and/or SL
7 replies
Tarwada
8 years ago #114658
hello everyone
i couldn’t figure out how can i use MM feature without having TP and/or SL
i have a condition that close all positions when the open P/L reach x Dollars (whether it was win or lose)
so that a semi-hidden TP and SL. but the problem is that when i try to use MM , it switches the lot sizing to (Lots if no MM) due no defined TP and SL
now my question is : how can i use MM feature without having defined TP and/or SL ?
and one more question , how to set such a (Max Trades Opened)
stearno
8 years ago #135031
If you are exiting at x dollars loss, then you can use that amount of money to define your % of your balance to then determine your lot size.
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Tarwada
8 years ago #135033
If you are exiting at x dollars loss, then you can use that amount of money to define your % of your balance to then determine your lot size.
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sorry but i didn’t get it
i want to have a box where i can define MM % , but due no SL/TP , i can’t use this feature 🙁
stearno
8 years ago #135034
I think I did not understand what you were saying. I had a different understanding of what you meant. Ignore what I said.
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Tarwada
8 years ago #135035
anyone ? ^_^
Karish
8 years ago #135038
yeah SQ’s MM % based used only if there are SL/TP in the strategy…,
i wish SQ4’s MM % based would work on every strategy..
Tarwada
8 years ago #135045
so there’s no way to do it 🙁
mikeyc
8 years ago #135090
yeah SQ’s MM % based used only if there are SL/TP in the strategy…,
i wish SQ4’s MM % based would work on every strategy..
It would be good to see even simple MM like “N Lots (e.g. 0.1) per $10K balance” so as the balance increases, the lot size increases. This would work without a SL.
As it stands, it is very limited.
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