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Forums>EA Wizard>General Discussion>Variable Money Management

  • #238599|
    Participant
    121 Posts

    Hello,
    in the wizard the MM percentage can be specified, unfortunately it is not flexible on the course.

    I want a variable with e.g. Risk 1% of equity. But now not a fixed SL with 20 points, but I would like to calculate the SL.

    Example long:
    SL under low last H1 candle.
    Use this value to calculate SL and lot size with 1% Risk.
    Is that possible ?
    If so, does anyone have an example?

    #238606
    tomas262
    Administrator
    1193 Posts

    Hello,

    I have made an example on this. Strategy takes SL as pips difference between High(1) and Lowest low of 5 candles back. Then calculates lot size based on 1% of the actual account size

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    #238644
    Participant
    121 Posts

    Hallo tomas,
    thank you very much for the example. I´ll try this.

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