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From: Nixon(MLS) <mbjp57@xxxxxxxxxxxxxx>
>Indicator to calculate the number of contracts I need to trade to have say
a
>risk of 1% of a given capital? or perhaps to incorporate it into a system?
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Lars Kestner suggested using this UserFunction:-
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{960910 Volatility adjustment idea of Lars Kestner }
Input: Multi(numeric), PosCap(numeric);
Var: Cons(0);
Var: Value1(0);
If (StdDev( Close - Close[1], 30)*
BigPointValue) > 0 then Value1= (StdDev( Close - Close[1], 30)*
BigPointValue)
else Value1 = 1;
If Value1 > 0 and
Multi = 1 THEN
Cons = (PosCap)/ Value1
ELSE
Cons = 1 ;
Value1 = 1;
IF Cons < 1 THEN Cons = 1;
XowCons_Orig=Cons
.................
cheers
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