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Risk a fixed $ amount with variable stop losses, i.e. ATR based

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RJL

Customer, bbp_participant, community, 67 replies.

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8 years ago #114281

I need a way to risk a fixed amount per trade as I’m using a variable stop loss based on ATR. 

 

This is different to risking a set account balance percentage, as I want the position size to reflect the range of the SL.

 

Is this possible already?

 

This would be quite an important feature for strategies that target a positive Risk/Reward ratio.

 

 

 

 

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Patrick

Customer, bbp_participant, community, 424 replies.

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8 years ago #133243

It is possible, check the picture below.

 

Patrick

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RJL

Customer, bbp_participant, community, 67 replies.

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8 years ago #133262

Test

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RJL

Customer, bbp_participant, community, 67 replies.

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8 years ago #133263

For some reason I’m having issues posting my response. It just hangs. Will try again if this posts.

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RJL

Customer, bbp_participant, community, 67 replies.

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8 years ago #133264

I have no idea why it would not let me post the exact same message I have attached as an image. Bizarre. 

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