//MONEY MANAGEMENT Vonasi
Capital = 10000
MinSize = 1 //The minimum position size allowed for the instrument.
MM1stType = 0 //Starting type of moneymanagement. Set to 0 for level stakes. Set to 1 for increasing stake size as profits increase and decreasing stake size as profits decrease. Set to 2 for increasing stake size as profits increase with stake size never being decreased.
MM2ndType = 1 //Type of money management to switch to after TradesQtyForSwitch number of trades and ProfitNeededForSwitch profit has occurred
TradesQtyForSwitch = 10 //Quantity of trades required before switching to second money management choice.
ProfitNeededForSwitch = 3 //% profit needed before allowing a money management type change to MM2ndType.
DrawdownNeededToSwitch = 5 //% draw down from max equity needed before money management type is changed back to MM1stType.
DrawdownNeededToQuit = 35 //% draw down from max equity needed to stop strategy
Once MoneyManagement = MM1stType
Equity = Capital + StrategyProfit
maxequity = max(equity,maxequity)
if equity < maxequity * (1 - (DrawdownNeededToSwitch/100)) then
enoughtrades = 0
tradecount = 0
moneymanagement = MM1stType
endif
if equity < maxequity * (1 - (DrawdownNeededToQuit/100)) then
quit
endif
if not EnoughTrades then
if abs(countofposition) > abs(countofposition[1]) then
tradecount = tradecount + 1
endif
if tradecount > TradesQtyForSwitch and maxequity >= Capital * (1 + (ProfitNeededForSwitch/100)) then
EnoughTrades = 1
MoneyManagement = MM2ndType
endif
endif
IF MoneyManagement = 1 THEN
PositionSize = Max(MinSize, Equity * (MinSize/Capital))
ENDIF
IF MoneyManagement = 2 THEN
PositionSize = Max(LastSize, Equity * (MinSize/Capital))
LastSize = PositionSize
ENDIF
IF MoneyManagement <> 1 and MoneyManagement <> 2 THEN
PositionSize = MinSize
ENDIF
PositionSize = Round(PositionSize*100)
PositionSize = PositionSize/100
// Size of POSITIONS
PositionSizeLong = 1 * positionsize
PositionSizeShort = 1 * positionsize
.
