Dukascopy
 
 
Wiki JStore Search Login

money managemant
 Post subject: money managemant Post rating: 0   New post Posted: Fri 19 Apr, 2013, 12:01 
User avatar

User rating: 0
Joined: Tue 27 Nov, 2012, 11:50
Posts: 19
Location: SlovakiaSlovakia
Dear support,
How to Create by Visual JForex the money managemant please?
For example, set 30 pips stop loss and for every trade 2percent risk of account value


 
 Post subject: Re: money managemant Post rating: 0   New post Posted: Mon 22 Apr, 2013, 13:15 
Visual JForex expert at Dukascopy
User avatar

User rating: 4
Joined: Fri 06 Feb, 2009, 16:34
Posts: 130
monexx wrote:
Dear support,
How to Create by Visual JForex the money managemant please?
For example, set 30 pips stop loss and for every trade 2percent risk of account value

For example, you can use "Calculation Expression" block. See attachments for details, in the example above,
it's work with 50 stop Loss and calculates 2 percent risk of equity. Equity value you can drag from the left side.
Than you create the formula for calculation(it will works for non-metals and if your deposit in USD and for instruments with USD, than you will need to convert if not), and define the variable for storing the value.


Attachments:
MoneyManagementExample.vfs [22.45 KiB]
Downloaded 468 times
MoneyManagementExample.PNG [59.47 KiB]
Downloaded 576 times
DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 
 Post subject: Re: money managemant Post rating: 0   New post Posted: Wed 24 Apr, 2013, 23:49 
User avatar

User rating: 7
Joined: Wed 04 Jul, 2012, 02:40
Posts: 109
Location: Australia, Melbourne
Visual Support wrote:
than you will need to convert if not, and define the variable for storing the value.


Can someone share how to do this for other currencies (as hinted above). I think calculting for all pairs will be of use to everyone,

Thanks!


 
 Post subject: Re: money managemant Post rating: 0   New post Posted: Thu 25 Apr, 2013, 10:21 
Visual JForex expert at Dukascopy
User avatar

User rating: 4
Joined: Fri 06 Feb, 2009, 16:34
Posts: 130
doczero wrote:
Can someone share how to do this for other currencies (as hinted above). I think calculting for all pairs will be of use to everyone,


To do it is quite complex now, to insure this possibility we will add separate Util block, which will handle the amount convertion for all currencies.


 
 Post subject: Re: money managemant Post rating: 0   New post Posted: Thu 25 Apr, 2013, 22:23 
User avatar

User rating: 0
Joined: Sat 01 Dec, 2012, 21:13
Posts: 12
Location: Ireland, Dublin
Visual Support wrote:
To do it is quite complex now, to insure this possibility we will add separate Util block, which will handle the amount convertion for all currencies.

That would be great! Thank you in advance.
Bart


 

Jump to:  

  © 1998-2024 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com