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

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!