- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
-
Builders
-
Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
-
Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
-
Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX
In the Backtester module of our application, each strategy requires a money management method to determine the quantity used to open trades. Users can choose from various position sizing methods to adjust their risk effectively.
If users prefer not to use advanced position sizing methods, they can select the Fixed Contract method. This method allows users to set a fixed quantity that will be used for all trades in the strategy.
For those interested in exploring more advanced options, we offer several default position sizing methods:
- Fixed Contract: Maintains a constant trade quantity. This is the simplest method and is suitable for users who want to keep their trading straightforward.
- Fixed Fractional: Allocates a fixed percentage of the account equity to each trade.
- Periodical Fixed Fractional: Adjusts the risked percentage periodically based on changes in account equity.
- Profit Fixed Fractional: Bases the risked amount on the starting account equity plus a percentage of the total closed trade profit.
- Fixed Ratio: Adjusts the position size based on the account's profit and loss.
- Measured Fixed Fractional: Increases the position size after a predefined amount of capital growth.
For a detailed explanation of each position sizing method, please refer to the following pages on our website:
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- Fixed Contract
- Fixed Fractional
- Periodical Fixed Fractional
- Profit Fixed Fractional
- Fixed Ratio
- Measured Fixed Fractional
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These position sizing methods are designed to help traders manage their risk and optimize their trading strategies effectively.
- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
-
Builders
-
Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
-
Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
-
Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX