Help with money management

Fran55 · 2019-09-01T12:00:58+00:00

Please… I need this part of Code. If capital is Cross Up 10000€ the Next operations as to 3€. But, if capital is Cross down 10000€ the Next operations as to 1€. Thanks!

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09/01/2019 at 1:00 PM #106071 quote

Fran55
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Veteran

Please… I need this part of Code.

If capital is Cross Up 10000€ the Next operations as to 3€.

But, if capital is Cross down 10000€ the Next operations as to 1€.

Thanks!

09/01/2019 at 2:17 PM #106079 quote
Vonasi
Moderator

Master
```
capital = 10000
equity = capital + strategyprofit

if equity > capital then 
positionsize = 3
else
if equity <= capital then
positionsize = 1
endif
endif

if (your conditions) then
buy positionsize contracts at market
endif
```
The above simply changes between position size of 3 or 1 depending upon if you are above or below 10k. Is this what you mean as your description is not very clear?
09/01/2019 at 2:21 PM #106080 quote
Vonasi
Moderator

Master
Another possibility:
```
capital = 10000
equity = capital + strategyprofit
once lastchange = capital
once positionsize = 1

if equity > lastchange + 10000 then 
positionsize = positionsize * 3
lastchange = lastchange + 10000
else
if equity < lastchange - 10000 then
positionsize = max(1,positionsize / 3)
lastchange = lastchange - 10000
endif
endif

if (your conditions) then
buy positionsize contracts at market
endif
```
This version multiplies position size by 3 every time a new 10k profit is reached and divides it by 3 every time 10k is lost down to a minimum size of 1.

Not tested.

EDIT:2019/09/04. MIN in line 11 should have been MAX – I have edited the post to correct this.
09/02/2019 at 12:55 PM #106228 quote

Fran55
Participant

Veteran

Thanks Vonasi!

The first publicatión is valid.
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