: Forum How to trade all instruments from one account and minimise position size

05/22/2020 at 7:32 PM #132894

badar80

Thanks for the response GraHal. I post my code herewith, it’s just as I basically run the same code, but for each different instrument then in the codes I have to define an initial account size for each instrument separately and I’d like to run all the codes off this initial account size rather than have separate account size stipulations for each instrument.

Yes, I backtested the stratgies and noticed that when going below a certian account size or risk management then I’d start to get fewer results, so when I increased the account size or risk systematically and the count of executed trades stopped increasing then I assumed this meant all setups were being entered. I checked the charts and this seemed to be the case. However, I have now noticed that in my demo account a set up did occur and was not entered, even though automated trading was enabled and it should have been entered as implied by backtests.

mult = AverageTrueRange[14](close[0])

//MM lot size

REM Money Management
Capital = 8000
Risk = 0.02 //
StopLoss = mult*9 // value of stoploss in pips/points

REM Calculate contracts
equity = Capital + StrategyProfit
maxrisk = round(equity*Risk)
PositionSize = abs(round((maxrisk/StopLoss)/PointValue)*pipsize)

IF NOT LongOnMarket THEN
IF NOT  ShortOnMarket THEN
IF close[0] > close[1] AND close[1] > close[2] AND close[2] > close[3] AND close[3] > close[4] AND close[0] > close[1] AND close[0] > close[2] AND close[0] > close[3] AND close[0] > close[4] AND close[0] > close[5] AND close[0] > close[6] AND close[0] > close[7] AND close[0] > close[8] AND close[0] > close[9] AND close[0] > close[10] AND close[0] > close[11] AND close[0] > close[12] AND close[0] > close[13] AND close[0] > close[14] AND close[0] > close[15] AND close[0] > close[16] AND close[0] > close[17] AND close[0] > close[18] AND close[0] > close[19] AND close[0] > close[20] THEN
BUY PositionSize CONTRACTS AT MARKET
set stop loss mult*9
set target profit mult*9
ENDIF
ENDIF
ENDIF

mult = AverageTrueRange[14](close[0])

//MM lot size

REM Money Management

Capital = 8000

Risk = 0.02 //

StopLoss = mult*9 // value of stoploss in pips/points

REM Calculate contracts

equity = Capital + StrategyProfit

maxrisk = round(equity*Risk)

PositionSize = abs(round((maxrisk/StopLoss)/PointValue)*pipsize)

IF NOT LongOnMarket THEN

IF NOT ShortOnMarket THEN

IF close[0] > close[1] AND close[1] > close[2] AND close[2] > close[3] AND close[3] > close[4] AND close[0] > close[1] AND close[0] > close[2] AND close[0] > close[3] AND close[0] > close[4] AND close[0] > close[5] AND close[0] > close[6] AND close[0] > close[7] AND close[0] > close[8] AND close[0] > close[9] AND close[0] > close[10] AND close[0] > close[11] AND close[0] > close[12] AND close[0] > close[13] AND close[0] > close[14] AND close[0] > close[15] AND close[0] > close[16] AND close[0] > close[17] AND close[0] > close[18] AND close[0] > close[19] AND close[0] > close[20] THEN

BUY PositionSize CONTRACTS AT MARKET

set stop loss mult*9

set target profit mult*9

ENDIF

Thanks again.

badar80

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