percentage of account balance per pip

BestAlgoTrader · Sun, 09 Apr 2017 11:05:37 +0000

Does anyone have the code to set the trade sizes of your trading system to be a certain percentage of your account balance per pip – eg 0.1% of your balance per pip or 1% of balance per pip so for example with a balance of £1000 – all trades entered will be at £10 per pip – and when the balance reaches £1100 – all trades entered will be at £11 per pip ?? I would like my trade sizes to automatically be calculated based on my account balance please let me know – thanks

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Nicolas.

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04/09/2017 at 12:05 PM #31496

BestAlgoTrader

Does anyone have the code to set the trade sizes of your trading system to be a certain percentage of your account balance per pip – eg 0.1% of your balance per pip or 1% of balance per pip

so for example with a balance of £1000 – all trades entered will be at £10 per pip – and when the balance reaches £1100 – all trades entered will be at £11 per pip ??

I would like my trade sizes to automatically be calculated based on my account balance

please let me know – thanks

BestAlgoTrader
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04/16/2017 at 11:54 AM #32153

Nicolas

You’ll find everything needed to calculate your position size according to your money management in this blog article: money management position size calculation

Nicolas
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