Variable Money Management
2 replies
Uwe6000
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?
tomas262
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
Uwe6000
5 years ago #238644
Hallo tomas,
thank you very much for the example. I´ll try this.
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