Adjusting Lot Size Based on Trading Performance

23 Sep 2017
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This ProBuilder code snippet demonstrates how to adjust the lot size in trading based on the recent win/loss record. The code dynamically changes the lot size after a specified number of consecutive wins or losses.


ONCE x = 5
ONCE y = 1
ONCE LotSize = y
ONCE WinningTrades = 0
ONCE LosingTrades = 0

IF StrategyProfit > StrategyProfit[1] THEN
    WinningTrades = WinningTrades + 1
    IF WinningTrades >= x THEN
        WinningTrades = 0
        LotSize = y
    ENDIF
ELSIF StrategyProfit < StrategyProfit[1] THEN
    LosingTrades = LosingTrades + 1
    IF LosingTrades >= x THEN
        LosingTrades = 0
        LotSize = LotSize + y
    ENDIF
ENDIF

Explanation of the Code:

  • Initialization: Variables x and y are set to 5 and 1 respectively. x represents the threshold number of consecutive wins or losses after which the lot size will be adjusted. y is the initial lot size and the increment used to adjust the lot size after losses.
  • Tracking Wins and Losses: The code tracks the number of consecutive winning and losing trades using WinningTrades and LosingTrades variables. These are incremented based on the comparison of current strategy profit (StrategyProfit) with the previous period’s profit (StrategyProfit[1]).
  • Adjusting for Wins: If the number of consecutive wins reaches the threshold x, the lot size is reset to its initial value y, and the win counter is reset.
  • Adjusting for Losses: Similarly, if the number of consecutive losses reaches the threshold x, the lot size is increased by y and the loss counter is reset. This incrementally increases the lot size in response to losses.

This snippet is useful for implementing a dynamic lot sizing strategy in trading systems, where the size of new trades is adjusted based on recent trading performance.

Related Post

Check out this related content for more information:

https://www.prorealcode.com/topic/change-size-depending-on-result/#post-203170

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What is a Snippet? A snippet is a small, reusable chunk of code designed to solve specific tasks quickly. Think of it as a shortcut that helps you achieve your coding goals without reinventing the wheel. How to Use: Simply copy the snippet and paste it into your project where needed. Don't forget to tweak it to fit your context. Snippets are not just time-savers; they're also learning tools to help you become a more efficient coder.
robertogozzi Master
Roberto https://www.ots-onlinetradingsoftware.com
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