Money Management - page 12

[Beno]

Max Draw Down

I have been trying to figure out a good mm method the involves working back from a global maximum risk over a predefined period of time and then working it back to the lot size and the maximum risk per day per position. attached is the excel sheet i am working on please have a play.

Any input be it would be great, be it good, bad or ugly.

cheers beno

[Beno]

[eagle4x]

Features for EA's

What are your favorite, incl. money management, features for EA's?

[Beno]

Risk per number of trading days

I have been messing around with excel and created a basic spread sheet that works out how much you should risk per day based on you max DD of your balance and where your stop should be in relation to your lot size.

It's quite rough but have a look and let me know what you think.

Cheers

Beno

[raffinoso]

Any scripts?

Hi Coders

where I can find some examples to built in my EA.

Some scripts for MoneyManagement and RiskManagement there i can use for an exist EA and integrate.

Thanks

[Sergey Golubev]

Look at this thread https://www.mql5.com/en/forum/general

And this one https://www.mql5.com/en/forum/175347 (i used one of MM library file with MACD Sample EA).

And this thread https://www.mql5.com/en/forum/173059

[raffinoso]

Thanks

Thank you very much newdigital

i will try to integrate in MultipositionEA

Thanks once again

newdigital:
Look at this thread https://www.mql5.com/en/forum/general

And this one https://www.mql5.com/en/forum/175347 (i used one of MM library file with MACD Sample EA).

And this thread https://www.mql5.com/en/forum/173059

[Stig]

Mtp 2.4

I found MTP ver. 2.4

What you think?

[toriachtmql]

Risk Calculator

Hi,

Is there a calculator/EA available that will automatically adjust my lot size or tell me what my lot size should be if i dictate the %risk I'm willing to take. e.g my balance is $500, the price is x and my stop loss is y and I wish to risk 1% ...it calcultes my lot size?

Thx,

Toricaht

[Beno]

i think this might help