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| Fixed-Variable Money Management https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=488 |
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| Author: | hedgeitall [ Mon Apr 16, 2012 11:36 pm ] |
| Post subject: | Fixed-Variable Money Management |
This is a pretty simple idea that I have been using for a while and it generally proves to be better then the general MM function based on account balance/equity. if (MoneyManagementLots>=HistoricalLots) { Lots=MoneyManagementLots; } else { Lots=HistoricalLots; } MoneyManagementLots = optimized lots based on account balance/equity. HistoricalLots = Largest Lots Traded (use check history routine to find largest lots) The risk is the same as trading a fixed lot, with the advantage of optimized lots. |
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