Support Board
Date/Time: Sat, 25 Jan 2025 01:04:59 +0000
Post From: Position Sizing Study for Forex
| [2018-11-28 07:30:32] |
| ILIM KIRGIZ - Posts: 187 |
|
Hi there, We are working on craeting a position sizing study for FX trading. With two mouse click we would like to determine stop loss and entry levels and add ask-bid difference to them in tick values. Then use this value to calculate quantity. For example If I trade GBPJPY pair and If my capital is in $; Capital is 100K$ and allowed risk percentage is 1% per trade. So quantity is being calculated according to it. I have below questions. 1. To calculate quantity, this study needs to reach current USD/JPY Ask Price. Is there a way to do it without opening a chart inside the chartbook containing USDJPY pair such as reading directly from intraday file? 2. Can I set attached orders target trigger offset and stop offset via the study? Thanks. Ilim. |