Variable Equal to platform balance

• 01/05/2022 at 11:13 AM #184591
  Ash12222222

  Hi All,

  I am new to the platform and new to these boards.  I was wondering if any one can help me?  I have programmed a money management system but I am having to fix in the amount in the variable to say 1000. e.g. Capital = 1000.  Is there a way of linking the Capityal variable to the account balance so that it not limited to 1000.

   

  Cheers

  

  Ash12222222

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  01/05/2022 at 11:57 AM #184595
  robertogozzi

  No, you have to change the code whenever you add/withdraw money from your account.

  If you mean adjusting your Capital with profits/losses, then you simply have to add STRATEGYPROFIT (the total profit/loss incurred whenever a trade closes) to your CAPITAL, which is fixed. Their sum is your Equity that you can use to manage your risk and position size.

   

  

  robertogozzi

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  01/05/2022 at 12:03 PM #184597
  Ash12222222

  Thanks you very much for your response.

   

  Capital = 1000
  Risk = 0.04
  PV = Max(PointValue,0.000000001)
  PS = Max(Pipsize,0.000000001)
  equity = Capital + StrategyProfit
  maxrisk = round(equity*Risk)

   

  this is my code, my be a bit basic however I dont want the hard coded 1000K I want that to equaly the new balance after the trade ever made a loss or profit for example.

   

  Trade 1 = 1000 Capotal

  Trade 1 loses 50 therefore capital is 950

  I am therefore trying to make my new capital amoutn equal to 950 without having to manually change the code.

   

  Cheers again

  

  Ash12222222

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  01/05/2022 at 12:12 PM #184602
  Ash12222222

  Sorry to simplifiy it i mean across all my strategys so i need the amount in the account.

   

  Cheers

  

  Ash12222222

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  01/05/2022 at 1:00 PM #184613
  JS

  Strategy’s can’t communicate with each other and there is no link to your account possible.

  “Equity = Capital + StrategyProfit” is correct and when you make a profit (StrategyProfit) then this amount will be added to your Capital (subtracted when it is a loss) but only for that strategy.

  

  JS

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  01/05/2022 at 1:07 PM #184615
  JS

  Edit: “will be added to your Equity” (your Capital is fixed)

  

  JS

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  01/05/2022 at 1:08 PM #184616
  Ash12222222

  Great thanks you

  

  Ash12222222

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