Again Moneymanagement calculate

• 09/30/2023 at 12:44 PM #221866
  f1_maik

  Moneymangement again
  Calculating the position size

  My account is 3.2% in the minus of 100% (100% = 10.000 Euro).
  There is only 1 trading system running.
  Position size = 1.
  TP of the trading system is 2%.

  Tradingsystem example
  If close > highest [20] then
  buy at market
  Endif
  set target %profit 2

  How do I calculate the position size so that when the trade runs in the TP my account grows to 101%,

  

  f1_maik

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  10/01/2023 at 9:30 AM #221885
  robertogozzi

  You will have to make these calculations:

  • A = initial Capital (10000 in this case,which is 100%)
  • B = current Capital which is 9580 (10000 – 3.2%)
  • C = current target profit with 1 lot (2% of the entry price)
  • D = A+1% – B            (which is the target profit to reach A + 1%, i.e. 10100)
  • LotSize = D / C

  If your entry price is, say, 16000, the above calculations will be:

  • A = 10000
  • B = 9580
  • C = 320       (2% target profit, with 1 lot)
  • D = 420      (A+1% – B)
  • LotSize = 420 / 320     which yields 1.3125 lots (you may round it)

  So, if you BUY 1.3125 lots at 16000 and your planned Target Profit is reached, your current Capital at that time will be 10100 (the initial Capital + 1%).

   

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  robertogozzi

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  10/01/2023 at 9:32 AM #221887
  robertogozzi

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. Thank you 🙂

  I moved it from the German forum.

   

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  JohnScher

  

  robertogozzi

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  10/03/2023 at 11:43 AM #221984
  JohnScher

  Also a thanks for the reminder with the wrong forum. It happened me too from time to time that I ended up in the wrong forum. I try very hard to keep it, sometimes it still does not work. I am sorry for that.

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  robertogozzi

  

  JohnScher

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  10/03/2023 at 4:13 PM #221998
  f1_maik

  First a very big thank you for doing this for me. For me, it will be a difficult ride to squeeze the calculation into the PRT code. I would like to be allowed to put it in here and you look over it again that fits? Will take 1,2 weeks, maybe more. I would like to come back to you.

  

  f1_maik

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  10/03/2023 at 6:45 PM #222007
  robertogozzi

  Ok, take your time, I will read and test your code when available.

   

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  robertogozzi

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  10/28/2023 at 12:33 PM #222999
  f1_maik

  Hello Roberto.

  Here I am back and I would like to use your help again.

  I have created the code as below. I think it could work like this, but please, can you check once or twice if the code is correct?

   

   

  defparam cumulateorders= false once lotsize = 1 once capital = 10000 // A actualCapital = capital + strategyprofit // B tpTrade = close/100 * 0.2 // C tpCapital = (capital + capital*0.01) - actualCapital // D lotsize = round(tpCapital/tpTrade,2) // lotsize If longcond then IF actualcapital < capital then buy lotsize contracts at market elsif actualCapital >= capital then buy 1 contract at market endif Endif set target profit tpTrade

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  defparam cumulateorders= false   once lotsize = 1 once capital = 10000                                       // A actualCapital = capital + strategyprofit                   // B tpTrade = close/100 * 0.2                                  // C tpCapital = (capital + capital*0.01) - actualCapital       // D lotsize = round(tpCapital/tpTrade,2)                       // lotsize   If longcond then IF actualcapital < capital then buy lotsize contracts at market elsif actualCapital >= capital then buy 1 contract at market endif Endif   set target profit tpTrade

  

  f1_maik

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  11/08/2023 at 12:14 PM #223361
  robertogozzi

  I changed the code a little bit, adding the variable named maxcapital and the Stop Loss, then I moved boith SL and TP inside the IF…ENDIF block. I also made the calculation of C, D and lotsize only when Not OnM arket.

  This code seems to be working fine:

  defparam cumulateorders= false once lotsize = 1 once capital = 10000 // A actualCapital = capital + strategyprofit // B maxcapital = max(capital,actualcapital) IF Not OnMarket THEN tpTrade = close/100 * 0.2 // C tpCapital = (maxcapital + maxcapital*0.01) - actualCapital // D lotsize = round(tpCapital/tpTrade,2) // lotsize ENDIF longcond = Not Onmarket AND average[10] CROSSES OVER average[20] If longcond then IF actualcapital < maxcapital then buy lotsize contracts at market elsif actualCapital >= maxcapital then buy 1 contract at market endif set target profit tpTrade set stop loss tpTrade Endif graph tpCapital coloured("Green") graph tpTrade coloured("Red")

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  defparam cumulateorders= false once lotsize  = 1 once capital  = 10000                                         // A actualCapital = capital + strategyprofit                      // B maxcapital    = max(capital,actualcapital) IF Not OnMarket THEN    tpTrade = close/100 * 0.2                                  // C    tpCapital = (maxcapital + maxcapital*0.01) - actualCapital // D    lotsize = round(tpCapital/tpTrade,2)                       // lotsize ENDIF longcond  = Not Onmarket AND average[10] CROSSES OVER average[20] If longcond then    IF actualcapital < maxcapital then       buy lotsize contracts at market    elsif actualCapital >= maxcapital then       buy 1 contract at market    endif    set target profit tpTrade    set stop   loss   tpTrade Endif graph tpCapital coloured("Green") graph tpTrade   coloured("Red")

   

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  robertogozzi

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  11/12/2023 at 9:02 AM #223569
  JohnScher

  Hello Roberto.

  I see we have the same thing here as here.

  I suggest we merge the discussion and continue here.

  https://www.prorealcode.com/topic/capital-curve-as-an-indicator/

  I have tested your code above. It does not work properly. I am sorry. The maxcapital curve cannot point downwards, the highest capital ever reached cannot decrease as it is always the highest ever reached.

  If I test your code and bring in “graph maxcapital”, you can see that maxcapital is decreasing, and is not in the spirit of the thing

  defparam cumulateorders= false once lotsize = 1 once capital = 10000 // A actualCapital = capital + strategyprofit // B maxcapital = max(capital,actualcapital) IF Not OnMarket THEN tpTrade = close/100 * 0.2 // C tpCapital = (maxcapital + maxcapital*0.01) - actualCapital // D lotsize = round(tpCapital/tpTrade,2) // lotsize ENDIF longcond = Not Onmarket AND average[10] CROSSES OVER average[20] If longcond then IF actualcapital < maxcapital then buy lotsize contracts at market elsif actualCapital >= maxcapital then buy 1 contract at market endif set target profit tpTrade set stop loss tpTrade Endif //graph tpCapital coloured("Green") //graph tpTrade coloured("Red") graph maxcapital

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  defparam cumulateorders= false once lotsize  = 1 once capital  = 10000                                           // A actualCapital = capital + strategyprofit                        // B maxcapital    = max(capital,actualcapital)   IF Not OnMarket THEN tpTrade   = close/100 * 0.2                                  // C tpCapital = (maxcapital + maxcapital*0.01) - actualCapital   // D lotsize   = round(tpCapital/tpTrade,2)                       // lotsize ENDIF   longcond  = Not Onmarket AND average[10] CROSSES OVER average[20]   If longcond then IF actualcapital < maxcapital then buy lotsize contracts at market elsif actualCapital >= maxcapital then buy 1 contract at market endif set target profit tpTrade set stop   loss   tpTrade Endif   //graph tpCapital coloured("Green") //graph tpTrade   coloured("Red") graph maxcapital

  

  JohnScher

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