Ryan Jones MM
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You know the MM based on ryan jones needs to know how many money of profit or lost you did to calculate the next lot.
How fxdreema will calculate the profit one time It starts with an initial balance?
Do It use the closed trades to calculate this profit/lost? And how? Where memorize the starting balance? And how many closed trades take in consideration?
When you have a percentage of balance this is very easy , but now with Ryan Jones you have to understand how much you are earning or losting to correct , based of ryan jones, formula what will be the next lot and this is independently from the balance value.
if I could do manually I know when this strategy started and count all profit/lost of each trade and according to DELTA I can know the next value , but with programming languages ? where I memorize the starting value?
thank in advance -
@pbarbieri Technically you can do all those calculations by using condition blocks, but why not using the option available by default here?:
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Thank you for your reply, of course I am using the option fixed ratio of fxdreema ! but you know this MM calculates the profit earning or losting to implement correctly the ryan jones risk management and future lots. My question how is fxdreems is able to calculate the profit/loss and in case the MT4 platform crash the strategy start from beginning I guess with initial lot, The profit /loss could be gathered from the closed trades or simply as soon as the strategy start memorize the budget and do the difference with the balance that will evolve. I guess that in case of crash all will start from beginning . I wish to know only this mechanism. thanks
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@pbarbieri First of all, you must to know how ryan jones MM formula works. I just will to explain to you simply: Delta mean that every $ , the fixed risk will be added and it means that the lot will be increased following the next risk. If you loose, Delta is the key to know wich will be the next risk take. Don't worry if the Platform be restarted
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Just the formula explanation: Balance / Delta = Step . Step x Risk = Lot size
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OK thanks your for your explanation, but let me explain one thing and after we can close this post. Fxdreema has only two parameters: delta and intial lot . Usually I calculate the initial lot based on margin required and max drawdown I expect for each operation. After this I can undertand your formula how works.
if I have 1000 $ of balance and 500 of delta , step=2 , initial lot is 0.1 next lot is 0.2, this means that i have to wait 1500 $ to move to 0.2 . Correct?
Of course if my platform crash and I have 10000$ of balance I can't start again with 0.1 as lot this would be a lower risk respect to 1000$ , for this reason in the in the fxdreeema ON INIT i calculate the right initial lot and delta (balance /2 for easy way) to take my risk the same.
