Position Sizing Algorithm/Live Trading

pedro01

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Just a quickie. To make things a little easier for you with the position sizing & trading the Grey1 way, try adding the following to the end of the code.

Plot3(Psize * .75,"First Close");

This will show you the number of shares to scale out when Iraj calls out the first sell that's the 75%.

There's nothing earth shatteringly smart about this - but it is handy. The qty of the remaining 25% of shares will come up on TS if you hit the 'P' button next to the position size.

Much Kudos to Glenn for writing the original position sizing code !

Cheers

Pete
 
Last edited:
All

Just a quickie. To make things a little easier for you with the position sizing & trading the Grey1 way, try adding the following to the end of the code.

Plot3(Psize * .75,"First Close");

This will show you the number of shares to scale out when Iraj calls out the first sell that's the 75%.

There's nothing earth shatteringly smart about this - but it is handy. The qty of the remaining 25% of shares will come up on TS if you hit the 'P' button next to the position size.

Much Kudos to Glenn for writing the original position sizing code !

Cheers

Pete

Cheers for that, Pete.
 
Much Kudos ........

Cheers

Pete

Thanks for the accolade Pete.
Rather more importantly, the detailed specification for what is in that code came from Grey1.

Will you be putting your enhancement code into the TT Toolbox ?

Glenn
 
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