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Risk of Ruin calculation

What is Risk of Ruin?

Risk of ruin is the probability of an individual losing substantial amounts of money through investing, trading or gambling, to the point where it is no longer possible to recover the losses or continue. Risk of ruin is typically calculated as a loss probability, also known as the "probability of ruin."


Input Parameters

  • StartPeriod: Set the first date from where you like the program to calculate. Your current account performance will be measured.
  • EndPeriod: Set the last date of the calculation
  • Balance: Zero (0) means that the program calculates with your current account balance. If you want to test with different account balance, just type it.
  • MaxDD: The threshold level in percentage. The program will calculate the probability of ruin with this drawdown percentage.

After the calculation, it shuts down automatically.


Feel free to contact me if you have any questions or comments.

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This script is a very useful tool when it comes to practicing chart analysis. If you activate this script, you are going to be thrown down on a random chart position. The active chart is used where you are right now. You need to have at least 6000 historical bars. You can set the number of bars at: Tools->Charts tab->"Max bars in chart" Should you have any questions, comments feel free to contact me.
FREE
Don't need to calculate your position size anymore. Set the Risk size in % (based on your balance) and then locate your StopLoss level of your would-be position and your trade will be executed with the proper position size. You have the chance to close all your floating positions on the instrument you are currently on by clicking on the "CLOSE" button. How to use? Attach the expert to the chart and set its parameters. Click on the STOP button and locate the horizontal line to your would-be Sto
It's a comprehensive solution designed to navigate the complexities of the forex market. With a meticulous focus on risk management, diversified strategies, and extensive backtesting, this EA offers confidence to navigate the markets with precision and poise. Key Features: 1. Proven Performance: Backtested rigorously over almost 6.5 years with history quality of 100% including trading costs like swap, slippage, live spreads and commission , providing a robust foundation for consistent performa
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