Topic: maximum position amount

I need "maximum position amount" in Percent. What are my way to go about this?

Ex .: Opening: 2%; add 1%, but total 5% (≙3 times add).
Would be very grateful for a solution.

Re: maximum position amount

You can set the Maximum amount in lots from the Strategy Properties panel.

This limitation is only in "lots".

3 (edited by tho.schu 2016-04-11 07:39:08)

Re: maximum position amount

You could write an indicator?
I'm afraid to destroy my account. The strategy opens too often and the setting on Strategy Properties (Lot) is not enough in the case.

Re: maximum position amount

I'm afraid to destroy my account.

There is a "Stop trading at min account" protection in the EA settings.

When you use it the EA will not allow the account to drop below that amount. It will close all positions and will stop trading.

5 (edited by tho.schu 2016-04-11 08:34:23)

Re: maximum position amount

This is not a good solution. The number of additional positions must be limited. Namely, in percent.
An EA can me not unnecessarily stop trading if limiting the lot size in percent provides total security. It must be transparent in the balance sheet of the FSB.

Re: maximum position amount

The number of additional positions must be limited. Namely, in percent.

Can you show me an example of a platform that provides such a service?

Re: maximum position amount

No.