Dear f.io community,

I have a particular question with regards to a money management code improvement.

Currently, I use the following code to make sure I can control the max risk per trade in a strategy with "MaxRiskperTrade":

 

Code

vTradeSize = MaxRiskperTrade / Math.Abs(Close[0] - IndicatorValue[0]);

Now that leads to the effect that the nominal value of the trade sometimes gets too high for my taste. Therefore, I would like to additionally limit the trade size via introducing a new variable "MaxTradeSize" which represents a currency value. vTradeSize should then by whatever leads to the lower outcome MaxTradeSize divided by Price or MaxRiskperTrade / Math.Abs(Close[0] - IndicatorValue[0])

The question would be, how can I best code this. I want to code the following logic:

 

Code

vTradeSize = MaxRiskperTrade / Math.Abs(Close[0] - IndicatorValue[0]); if MaxTradeSize ≤ vTradeSize * Close[0]; vTradeSize should be calculated via MaxTradeSize / Close[0] instead of MaxRiskperTrade / Math.Abs(Close[0] - IndicatorValue[0]

Hope someone from this community can help with that problem!

sagetrade 

Hope someone from this community can help with that problem!

Try:

 

Code

vTradeSize = Math.Min(MaxTradeSize / Close[0], MaxRiskperTrade / Math.Abs(Close[0] - IndicatorValue[0]));

[not compiled or tested but you get the drift]

It works, thanks a lot! Amazing to know there is a platform where you can get help within minutes.