
Account Management
Illya Posted 16 June in #Forex #Money Management #Management #Account #Account ProtectionSo, how to manage within account, when you have a few strategies, that have a different profit and loss?
Let’s take a look on a several variants, that've been tested on a historical tester on Jforex platform:
- Multiple Strategies. This method of managing, when you have one account and one or more strategies that trades the percentage of the deposit. The formula for calculating the lot size for trading percentage in my case, is calculated as
amount=((((equity*leverage)/100)*lots)/1000000) .
(The formula does not claim to originality, I had seen either in Dukas Wiki, or in the forum of Dukascopy. The reasons for the revision of it, did not arise.)[i]Example: amount= ((((150 000 * 100)/100)* 5)/1 000 000 = 0.75 lot.
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According to this formula, volumes of trades will be calculated throughout the article.
To check the profitability of strategies I used Multiple_strategies. We connect our strategy to it. Start …