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Fixed fractional money management


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Fixed fractional money management

  #1 (permalink)
 Loop 
Sydney
 
Experience: Intermediate
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Does any one know how to code a normal fixed fraction money management that I can add to various strategies? It seems its nor premade for multichart.

Many thanxx

Loop

And does anyone have code for other technics such as Optimal F?

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  #3 (permalink)
 Loop 
Sydney
 
Experience: Intermediate
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I found a download with all code on Tradestation website!

All good!

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 sptrader 
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Could you post the code or the website ?

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  #5 (permalink)
 Loop 
Sydney
 
Experience: Intermediate
Platform: Multichart
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//Position Sizing - Fixed fractional

Inputs: Capital( 100000 ), PercentAllocationPerTrade( .02 ), RiskPertrade( 1 );
Var: ShareAmount( 0 ), Equity( 0 );


Equity = Round((Capital + NetProfit + OpenPositionProfit),0);
ShareAmount = Round((PercentAllocationPerTrade * Equity) / RiskPertrade,0);



If Marketposition = 0 then begin

If rsi(close,2) crosses below 30 then begin
buy ShareAmount shares next bar at market;
Value2 = ShareAmount;

end;

end;

If Marketposition = 1 then begin

if rsi(close,2) crosses above 70 then begin
sell value2 shares next bar at market; //you can use sell "all shares" as well

end;

end;

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Last Updated on August 12, 2016


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