The Accutrade EA has unique Risk-Management system, based on the fact that for any values of settings the risk of new and existing trades does not exceed the specified value. Risk-Management system can work both with and without Stop-Loss, based on the statistics of the older timeframes.
Although in practice, tuning the Risk-Management rarely goes beyond the first setting, it’s calculation is rather extensive.
Content of Risk-Management settings:
- New block risk, % - new trades available funds share in percent
- New block risk by free margin – new blocks available funds share will be calculated from free margin instead of equity
- Risk amount – calculated max risk amount for a new trade
- Max risk amount limit – max possible risk amount for one trade
- Include required margin – risk amount includes the required margin
- Follow strategy risk – trades risk amount is checking for matching the strategy risk amount
- Allowance, % – allowed deviation from the strategy risk amount in percent
- Risk amount auto adjust – risk amount of the trade will be led to strategy risk amount
- Small Stop-Loss correction – new trade volume will be corrected proportionally to normal stop-loss distance when the stop-loss distance is less than normal
- Normal distance – normal distance of the Stop-Loss
- Price range width – price range is used for risks calculation when the Stop-Loss is off
- Price range low – calculated price range bottom boundary
- Extremums count – calculated number of extremums from the current price to price range low
- Price range high – calculated price range top boundary
- Extremums count – calculated number of extremums from the current price to price range high
- Extremums calculation –calculation of the Risk-Management range boundaries based on the extremum grid
- Min range extremums count – min number of extremums form the current price to the price range boundary
- Max range extremums count – max number of extremums form the current price to the price range boundary
- Range extremums reserved –number of extremums near the price range boundaries, reserved for an emergency situations
- Extremums control – extremums grid for calculating risk-management range
- Show levels – extremums levels visibility
- Manual mode – extremums levels will not be recalculated automatically
- Calculation period – timeframe for calculating the extremums
- Search period – number of bars in history for calculating the extremums
- Scanning frame – number of bars in frame for recognizing the extremums
- Extremums total count – total target extremums count for filtering the most important of them
- Timeframe zoom-out when incomplete – major timeframes will be analyzed if the lack of extremums at the current timeframe occurs
- Min space for zoom-out, % – space width from above or from below the range in percent for searching at the major timeframes
- Calculation mode – extremums selection and distribution method: last / plain / weighted
- Min step – min distance between the two neighbor extremums
- Smooth range – smooth distance for indexes calculation
- Range low – extremums searching range low
- Range high – extremums searching range high
- Extremum levels list – calculated extremums levels
- Manual mode – manual price range definition
- New long block volume – calculated new long trade volume
- New short block volume – calculated new short trade volume
- Manual open volume – manual open volume definition
- Min open volume – min open volume limit
- Max open volume – max open volume limit
