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Variable Money Management

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Uwe6000

Subscriber, bbp_participant, community, 27 replies.

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5 years ago #238599

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?

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tomas262

Administrator, sq-ultimate, 2 replies.

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5 years ago #238606

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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Uwe6000

Subscriber, bbp_participant, community, 27 replies.

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5 years ago #238644

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

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