Kelly Criterion Maths Formula

MQL4 Design Consultation

Job finished

Execution time 1 hour
Feedback from customer
Alexandr is great to work with. Fast, good communication and delivered exactly to spec the first time.
Feedback from employee
Good experience! You are my first English-speaking client. Thanks for the job!

Specification

Hello,

I'm looking for someone who is familiar with the Kelly Criterion specifically for forex and CFDs. 

I need help in taking the basic Kelly formula which I have in google sheets and adding some steps to give me the lot size to be used per trade. 

I know what percentage to use and the dollar figure to risk, now I need to convert this to lots to use for the trade.

It must work on 2,3,4,5 decimal place quotes. 



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Project information

Budget
30+ USD
For the developer
27 USD