Money Management Question
I am new to this forum and would like to purchase the EA Wizard. However, I have a question on money management. Is it possible for this system to be programmed so as it purchases successive units anytime a signal is given?
For example, I want the EA to purchase 1 unit and then if that unit is profitable upon exit, then I want it to purchase 2 units upon the next signal. If those 2 units are profitable upon exit, then I want it to purchase 3 units at the next signal.
If at any time, those units take a loss, then I want the EA to reset back to 1 unit upon the next trade signal. Thanks again. I apologize if this has been answered in another forum.
yes, it is possible to build rules to define own money-management. You can check the example attached on how to build such system
Would it be possible to adjust risk size based on win or loss sequence? How would this be coded in EA wizzard? T
I.e. start trade 1> 2% win
start trade 2: 3% risk and result win (size increased with 1 %)
Trade 3: size increased with 1%to 4% but this time result is loss
Trade 4 we start again at 2 % risk
it is very important for me to be able to define a custom MM method.
Regarding the GUI side …. how do I define the custom GUI by entering specific parameters in SQX, necessary for the invocation of my custom MM method ?
Or, where can I find videos (or generic material) about the custom extension of the graphical interface ?
Thank you for all, Sabino
what do you mean by “custom GUI for MM”?
GUI means “Graphic User Interface” ….
If I define a new MM calculation method, I would also like to enter the specific parameters in the graphical interface
Ok, as for the parameters inputs you can add those using custom code. See the screenshot attached
More on adding custom codes into SQX can be found here https://strategyquant.com/codebase
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