Tradestation risk model(last trade profit)

rublizz · Jun 13, 2011

Hi All,

I'm trying to code risk management with TS:
after unsuccessful trade increase contracts to buy.

Maybe someone have example?
Or can help how to find whether last trade was profitable or not?

zt3k · Jun 14, 2011

rublizz said:
Hi All,

I'm trying to code risk management with TS:
after unsuccessful trade increase contracts to buy.

Maybe someone have example?
Or can help how to find whether last trade was profitable or not?

what have you tried?

ManiGandan · Jun 15, 2011

Hi,

Risk Management is something where you decrease the contracts(Not Increase) after an unsuccessful trade... and increasing contracts when there is a profitable trade...

Try the following code:

Code:

Var: MP(0), MyLastTradeProfit(0);
MP = Marketposition;

if MP = 0 and MP[1] <> 0 then begin
   if MP[1] = 1 then  MyLastTradeProfit = (ExitPrice(1) - EntryPrice(1)) * BigPointValue;
   if  MP[1] = -1 then MyLastTradeProfit = EntryPrice(1) - ExitPrice(1)* BigPointValue;
End;

Mani.

Tradestation risk model(last trade profit)

rublizz

Newbie

zt3k

Active member

ManiGandan

Junior member

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