Topic: Drawdown
Hi
During backtest my drawdown is 4% and US$40. I am fine with this...how are you monitoring if this portfolio works as advertised. Meaning I want to know when it is above a certain threshold that it should stop trading etc.
Thanks
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Forex Software → Premium Club → Drawdown
Hi
During backtest my drawdown is 4% and US$40. I am fine with this...how are you monitoring if this portfolio works as advertised. Meaning I want to know when it is above a certain threshold that it should stop trading etc.
Thanks
You can watch you Equity in MT. All open positions reflect on it.
You can watch you Equity in MT. All open positions reflect on it.
For that I will have to sit in front of the screen...lol...I though that maybe folks are using some tools or code to stop trading if it goes over a certain threshold.
Regards
MT4 Tracker adds a few "protection" inputs for EA Studio-generated portfolio EA. Here's a link to the documentation:
http://mt4tracker.com/documentation/mt4tracker-documentation/#document-9
You can use MT4 Tracker to modify the portfolio EA or you can manually cut / paste the code snippets. It's only a few lines and is a good exercise to become a little bit familiar with the layout of Popov's code.
Not sure if that is what you were looking for -- but it may give you some ideas.
Thanks..any input is great..thank you for taking the time to provide feedback
Forex Software → Premium Club → Drawdown
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