Switching the Ryan Jones MM settings
-
Started with fxDreema a week ago (after having been programming in mql4 and mql5 for >10Y). My compliments to the developers!
My question revolves around the following:
Sometimes an entry could be made with a reduced chance of success in which case one would be better of with a reduced lotsize (lower loss).
Since MM is key i'm using the Ryan Jones (RJ) Fixed ratio methodology.
Is it indeed impossible to differ between a normal RJ setting and a reduced risk RJ setting?
Basically i would like to use a delta=D and unitsize=U for normal trades and delta=D0.5 and unitsize=U0.5 for the reduced edge trades.
The condition to get to that reduced edge is working as such. It's just the fact that the ordersize is not changing when applying different RJ parameters.Any suggestions would be greatly appreciated.
Tia -
@dcg Hnestly I necer used RJ MM so I cannot give you an answer for that specific question on those D and U values. I can try to help you by creating a specific block structure to get that reduced lot size you are looking for, though.
-
@l-andorrà
Thank you for the offer but i already wrote a small snip of custom code to accomplish it. -
@dcg Good for you. Congrats!