percentage of account balance per pip

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  • #31496 quote
    BestAlgoTrader
    Participant
    Junior

    Does anyone have the code to set the trade sizes of your trading system to be a certain percentage of your account balance per pip – eg 0.1% of your balance per pip or 1% of balance per pip

     

    so for example with a balance of £1000 – all trades entered will be at £10 per pip – and when the balance reaches £1100 – all trades entered will be at £11 per pip ??

     

    I would like my trade sizes to automatically be calculated based on my account balance

     

    please let me know – thanks

    #32153 quote
    Nicolas
    Keymaster
    Master

    You’ll find everything needed to calculate your position size according to your money management in this blog article: money management position size calculation

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percentage of account balance per pip


ProBuilder: Indicators & Custom Tools

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
8 years, 9 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 04/09/2017
Status: Active
Attachments: No files
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