Position Sizing & Risk To Reward Ratio

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Position Sizing & Risk To Reward Ratio

Postby Apprentice » Mon Apr 19, 2010 5:27 am

Position Sizing.png
Position Sizing with ATR


Risk To Reward Ratio
Helper for defining these, Entry Orders Stop Levels.

It enables you to the definition, risk to reward ratio, number of contract,
Entry level (manual or automatic), automatic or manual definition of capital that you are willing to risk (Pip or $) ...

Position Sizing
Tool has two modes. Volatility and Risk.
If you use a volatility mod, increased volatility, ATR, move away, Stop Entry level.
Risk mod - you define the distance for stop orders manualy.

Position Sizing.lua
Position Sizing
(7.47 KiB) Downloaded 2485 times

Risk To Reward.lua
Risk To Reward Ratio
(4.85 KiB) Downloaded 2302 times

MT4/MQ4 version.
viewtopic.php?f=38&t=65690
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Position Sizing & Risk To Reward Ratio

Postby Apprentice » Thu Dec 15, 2011 4:08 pm

Position Sizing & Risk To Reward Ratio Tool Update.
Both now Support the automatic retrieval of Equity / Balance status of your account.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Position Sizing & Risk To Reward Ratio

Postby Apprentice » Sun Sep 22, 2013 3:47 pm

Bit of a face lift for both.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Position Sizing & Risk To Reward Ratio

Postby Silverthorn » Wed Apr 08, 2015 2:11 am

Is it possible to make the stop loss line able to be repositioned on the chart for the Position Sizing Indicator? ie.

Select and drag the stop loss to under the nearest swing, support or resistance point and have the TP and position size adjust to maintain your correct position size for the required exposure. Also display your RR ratio based on the SL and TP.
Last edited by Silverthorn on Wed Apr 08, 2015 11:39 pm, edited 1 time in total.
User avatar
Silverthorn
 
Posts: 43
Joined: Fri Nov 08, 2013 12:29 am
Location: Brisbane Australia

Re: Position Sizing & Risk To Reward Ratio

Postby AliRaza08 » Wed Apr 08, 2015 7:04 am

Select and drag the stop loss to under the nearest swing, support or resistance point and have the TP and position size adjust to maintain your RR ratio and correct position size.
Kashmiri Butt
AliRaza08
 
Posts: 2
Joined: Wed Apr 08, 2015 6:57 am

Re: Position Sizing & Risk To Reward Ratio

Postby Apprentice » Wed Jan 31, 2018 9:17 am

The strategy was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Position Sizing & Risk To Reward Ratio

Postby Silverthorn » Sun Mar 04, 2018 11:43 pm

Hi Apprentice,

Is it not possible to have the stop loss able to be repositioned on the chart for this indicator?
User avatar
Silverthorn
 
Posts: 43
Joined: Fri Nov 08, 2013 12:29 am
Location: Brisbane Australia

Re: Position Sizing & Risk To Reward Ratio

Postby Apprentice » Mon Mar 05, 2018 7:42 am

Sure. Use "Value/Pips at Risk"
Entry price will be used as a reference value.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Position Sizing & Risk To Reward Ratio

Postby Silverthorn » Mon Mar 05, 2018 6:44 pm

Sorry I wasn't clear in my last post.

Is it not possible to reposition the stop loss by dragging it on the screen?
User avatar
Silverthorn
 
Posts: 43
Joined: Fri Nov 08, 2013 12:29 am
Location: Brisbane Australia

Re: Position Sizing & Risk To Reward Ratio

Postby Apprentice » Tue Mar 06, 2018 4:28 pm

Is it not possible to reposition the stop loss by dragging it on the screen?

Unfortunately no.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 19465
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Custom Indicators

Who is online

Users browsing this forum: Google [Bot] and 13 guests