Money management help with step size of lot increasing

• 08/23/2019 at 7:42 AM #105352
  marcusstrom87

  Hi,

  I’m new to this and I’m having trouble to make this money management code for my system to work the way I want it to.

  I found a nice code with fixed fraction that  member Despair hade posted some time ago:

  once multiplier=1 once fraction=1000 once newlevel=1000 once oldlevel=1000 once startpositionsize=1 once positionsize=startpositionsize if strategyprofit>newlevel then   multiplier=multiplier+1   oldlevel=newlevel   newlevel=strategyprofit+multiplier*fraction   positionsize=multiplier*startpositionsize elsif strategyprofit<oldlevel and multiplier>=2 then   newlevel=strategyprofit   oldlevel=strategyprofit-multiplier*fraction   multiplier=multiplier-1   positionsize=multiplier*startpositionsize endif

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  once multiplier=1 once fraction=1000 once newlevel=1000 once oldlevel=1000 once startpositionsize=1 once positionsize=startpositionsize if strategyprofit>newlevel then   multiplier=multiplier+1   oldlevel=newlevel   newlevel=strategyprofit+multiplier*fraction   positionsize=multiplier*startpositionsize elsif strategyprofit<oldlevel and multiplier>=2 then   newlevel=strategyprofit   oldlevel=strategyprofit-multiplier*fraction   multiplier=multiplier-1   positionsize=multiplier*startpositionsize endif

  The code works exactly the way i want it to, however I want the system to start at 3 contracts instead of 1. But when I try to raise my startPositionSize to 3.. every time I make profits/losses it increases/decreases the next positionsize by 3 instead of 1.

  e.g. 3, 6, 9, 12, 9 , 12, 15 etc.

  I want it to start with 3 contracts and then increase/decrease positionsize by only 1 contract steps at the time based on profits/losses.

  e.g. 3, 4, 5, 6, 5, 4,

  If someone can help me with this I would be very grateful!

  

  marcusstrom87

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  08/23/2019 at 8:59 AM #105354
  Nicolas

  We need to create a new variable named “step” at the beginning of the code:

  once multiplier=1 once fraction=1000 once newlevel=1000 once oldlevel=1000 once startpositionsize=1 once positionsize=startpositionsize once step = 1 if strategyprofit>newlevel then   multiplier=multiplier+1   oldlevel=newlevel   newlevel=strategyprofit+multiplier*fraction   positionsize=multiplier*step//startpositionsize elsif strategyprofit<oldlevel and multiplier>=2 then   newlevel=strategyprofit   oldlevel=strategyprofit-multiplier*fraction   multiplier=multiplier-1   positionsize=multiplier*step//startpositionsize endif

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  once multiplier=1 once fraction=1000 once newlevel=1000 once oldlevel=1000 once startpositionsize=1 once positionsize=startpositionsize once step = 1   if strategyprofit>newlevel then   multiplier=multiplier+1   oldlevel=newlevel   newlevel=strategyprofit+multiplier*fraction   positionsize=multiplier*step//startpositionsize elsif strategyprofit<oldlevel and multiplier>=2 then   newlevel=strategyprofit   oldlevel=strategyprofit-multiplier*fraction   multiplier=multiplier-1   positionsize=multiplier*step//startpositionsize endif

  That should work, I have not tested it, please do 😉

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  marcusstrom87

  

  Nicolas

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  08/23/2019 at 9:46 AM #105363
  marcusstrom87

  Thx alot Nicolas! 😀

  Works better!

  However, the first time when it’s suppose to increase the contractssize from 3 to 4, it starts over from 2 contracts and then works it’s way up from that point one step at the time.

  E.g. I start my backtest with 3 contracts as the startingpoint, everything works fine. But then when I have reached my first strategyprofit step (profit), it goes down to 2 contracts, when I actually would like it to go up to 4 contracts.

  Do you know how to solve this last piece of the puzzle? 🙂

   

  

  marcusstrom87

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  08/23/2019 at 10:05 AM #105367
  Nicolas

  Hmm.. if you only want to increase/decrease your lot size according of when you loose or win, that code is not really appropriate!

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  marcusstrom87

  

  Nicolas

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