I am trying to implement a volatility based position size. The system I am working on is based on a 60min timeframe. I read the ATR of the daily timeframe then use that in the calculation to determine the lots size to trade. 'Risk' is a user input variable representing a percentage.
Pete --- In amibroker@yahoogroups.com, "rise_t575" <ris...@...> wrote: > > > > Just curious, > > What are you trying to achieve here? Standard Percent Volatility PS? > Why do you multiply risk (how do you define risk) with 1%? > > --- In amibroker@yahoogroups.com, "pcmoxon" <teklinkuk@> wrote: > > > > Hi, > > > > I am trying to write some AFL so I can backtest various trading systems for > > forex. > > > > One part of the system is to workout how much equity to use for each trade. > > > > Below is the pseudo logic I want to use but I am not sure how to reference > > the current 'AccountBalance'. I thought of using 'EQUITY(0)' but on reading > > the online help it seems this is for something else. > > > > Lots = Risk * 0.01 * AccountBalance / (ContractSize * ATR) > > > > Any help will be appreciated. > > > > Regards, > > Pete > > >
