Position size relative to account size

Forums › ProRealTime English forum › ProOrder support › Position size relative to account size

Viewing 14 posts - 1 through 14 (of 14 total)
  • 05/05/2024 at 10:09 AM #232331
    OMXet

    Hi you all good programers.

    I want to buy n contracts that will require x % of my account in security.

    As every trade will change my account up/down then I still want next trade to require X % of that new account size as security.

    By doing this I hopefully get my account growing even faster😁

    05/05/2024 at 12:56 PM #232335
    OMXet

    PS: I meant if anyone on this forum can help me to code that I described above  ;>)

    05/05/2024 at 1:48 PM #232336
    PeterSt

    That is not possible with PRT because the total account size (or gain in it) is not available to the program code. Sorry …

    05/05/2024 at 2:23 PM #232337
    GraHal
    OMXet wrote:

    buy n contracts that will require x % of my account

    Could work if use  xamount allocated to any particular Algo then use strategyprofit (after each trade) to increase or decrease this xamount accordingly.

    05/05/2024 at 2:28 PM #232338
    OMXet

    Hi

    I’ve got this far but I want to take it a step further but I need some help!!

     

    STARTINGCAPITAL = 1000 //1k €
    SIZE = 1 / STARTINGCAPITAL //divide your initial contract size by startingcapital
    CAPITAL = STARTINGCAPITAL + STRATEGYPROFIT //current capital
    K = CAPITAL * SIZE //calculate position size
    positionsize=K

    05/05/2024 at 2:55 PM #232339
    PeterSt
    GraHal wrote:

    Could work if use  xamount allocated to any particular Algo then use strategyprofit (after each trade) to increase or decrease this xamount accordingly.

    Plus a lot of coffee to restart each of those algos at the moment it finishes a trade, put the new total accumulated value in that xamount variable and …

    Can’t work.
    Better buy and sell coffee and have it too ? … that also can’t work. 🙂

     

    05/05/2024 at 3:10 PM #232340
    GraHal

    There are codes on here that do what I suggest … no stopping of Algo required.

    A coding wizard may be along shortly as I’m off out to play tennis, but also low on coffee! 😀

    05/05/2024 at 3:27 PM #232341
    JC_Bywan

    Hi,

    Assuming you’re not trying to find a way around getting access to other codes gains/losses to include in contracts size calculation (can’t see any to this day), then when using only gains/losses of considered code, maybe Roberto’s lines 1-16 in following post might be what you’re after?

    https://www.prorealcode.com/topic/reinvestissement-des-gains/#post-199841

    05/05/2024 at 3:29 PM #232342
    GraHal

    Anyway what Instrument are you trading OMXet?

    All my codes buy x Contracts not a cash amount so surely you need, for example, 0.2 £1 Contracts on DJI = £8K.

    Or do you want code working at required margin cost (not full contract price)?

    Few things to think about before a kind helpful coder spots this thread.

    05/05/2024 at 5:08 PM #232346
    OMXet

    Hi

    I trade NASDAQ Tech100.

    My intention was to trade each trade at a level X contracts that will require 50% of my account for security. That will generate a nice leverage. I have done that manually this year and it has really worked nice ;>))) As some days I hit 0.5% movement then it generats 5 % to my account!

    All of your answers are of interest but somehow I feel you don’t quite understand what I mean. Or maybe I’m just not good enough for programming = I’ll have to stick to the manuel trading.

    05/05/2024 at 5:41 PM #232347
    GraHal

    Is it corect to say that you autotrade using 1 System / Algo only and therefore your Acount balance does not to be split across > 1 Algo?

    05/05/2024 at 5:55 PM #232348
    OMXet

    Hi GraHal

     

    Yep, my mistake. I obviously took that for granted. I have two accounts at IG, one for autotrading/only 1 algo, and the second for manual trading.

    BTW: This year algo going down and manuel +xxx%  ;>))….e.i. much work/time spent but rewarding

    05/05/2024 at 6:07 PM #232349
    GraHal

    A few more thoughts …

     

    05/09/2024 at 7:45 PM #232519
    Niklas87

    Ther is no way to use you total account, but you can use the command stratergyprofit so incresee your positions. I made a code for just this some time ago 🙂

    IF STRATEGYPROFIT[1] < 100 THEN
    XX = 10
    ELSE
    XX = ROUND(STRATEGYPROFIT[1] / 100)
    ENDIF

    IF XX < 10 THEN
    XX = 10
    ENDIF

    XX is number off contract and 100 is the amount off profit needed before it adds to XX, and do so by devide the total profit and round it to closes even number.

    I trade on IG markets and in this case 100$ is just over the margin i need for 1 contract.

     

  • Author
    Posts
Viewing 14 posts - 1 through 14 (of 14 total)

Find exclusive trading pro-tools on ProRealCode Marketplace

Similar topics:
increasing a position size
set max daily loss and dynamic position size
set position size depending on profitability of the strategy query
changing drawtext font size by variable
fix windows size of graph
font and size of the coding windows
minimum contract size with ig
one fit size strategy
prt personal account vs prt ig account
best indicators/strategies to exit from a long position

Create your free account now and post your request to benefit from the help of the community
Register or Login