Variable Equal to platform balance

Ash12222222 · 2022-01-05T10:13:09+00:00

Hi All, I am new to the platform and new to these boards. I was wondering if any one can help me? I have programmed a money management system but I am having to fix in the amount in the variable to say 1000. e.g. Capital = 1000. Is there a way of linking the Capityal variable to the account balance so that it not limited to 1000. Cheers

Viewing 7 posts - 1 through 7 (of 7 total)

Author

Posts
01/05/2022 at 11:13 AM #184591 quote

Ash12222222
Participant

New

Hi All,

I am new to the platform and new to these boards. I was wondering if any one can help me? I have programmed a money management system but I am having to fix in the amount in the variable to say 1000. e.g. Capital = 1000. Is there a way of linking the Capityal variable to the account balance so that it not limited to 1000.

Cheers

01/05/2022 at 11:57 AM #184595 quote

robertogozzi
Moderator

Legend

No, you have to change the code whenever you add/withdraw money from your account.

If you mean adjusting your Capital with profits/losses, then you simply have to add STRATEGYPROFIT (the total profit/loss incurred whenever a trade closes) to your CAPITAL, which is fixed. Their sum is your Equity that you can use to manage your risk and position size.

01/05/2022 at 12:03 PM #184597 quote

Ash12222222
Participant

New

Thanks you very much for your response.

Capital = 1000
Risk = 0.04
PV = Max(PointValue,0.000000001)
PS = Max(Pipsize,0.000000001)
equity = Capital + StrategyProfit
maxrisk = round(equity*Risk)

this is my code, my be a bit basic however I dont want the hard coded 1000K I want that to equaly the new balance after the trade ever made a loss or profit for example.

Trade 1 = 1000 Capotal

Trade 1 loses 50 therefore capital is 950

I am therefore trying to make my new capital amoutn equal to 950 without having to manually change the code.

Cheers again

01/05/2022 at 12:12 PM #184602 quote

Ash12222222
Participant

New

Sorry to simplifiy it i mean across all my strategys so i need the amount in the account.

Cheers

01/05/2022 at 1:00 PM #184613 quote

JS
Participant

Master

Strategy’s can’t communicate with each other and there is no link to your account possible.

“Equity = Capital + StrategyProfit” is correct and when you make a profit (StrategyProfit) then this amount will be added to your Capital (subtracted when it is a loss) but only for that strategy.

01/05/2022 at 1:07 PM #184615 quote

JS
Participant

Master

Edit: “will be added to your Equity” (your Capital is fixed)

01/05/2022 at 1:08 PM #184616 quote

Ash12222222
Participant

New

Great thanks you
Author

Posts

Viewing 7 posts - 1 through 7 (of 7 total)

You must be logged in to reply to this topic.

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

Try ProRealAI

Variable Equal to platform balance

General Trading: Market Analysis & Manual Trading

New Reply

Author

Ash12222222 @ash12222222 Participant

Summary

This topic contains 6 replies,
has 3 voices, and was last updated by Ash12222222
4 years, 8 months ago.

Topic Details

Forum:	General Trading: Market Analysis & Manual Trading
Language:	English
Started:	01/05/2022
Status:	Active
Attachments:	No files