Scripts: Risk of Ruin: how often your account blows up at a chosen risk per trade
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Risk of Ruin: how often your account blows up at a chosen risk per trade:
Reads your closed trades, converts each to an R-multiple and simulates many future runs at a chosen risk per trade. Reports the probability of hitting a drawdown floor, the probability of ending profitable, the median ending balance and the 95% range. Read-only.
Author: Dakshal Kailash Raijada