Decrease the size of the notional account.
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Hello @fxDreema! How are you? How long right? srsrsrs ...
Come on ... I need something that seems to be simple, but I can't seem to do it.
I need the notional account size to be reduced by 20% each time I decrease the original account by 10%. So, if I am trading $ 1,000 and the account drops 10%, or $ 100, I will start trading as if I have a $ 800 account when I reach the initial annual equity. If I lose another 10% (10% of $ 800 or $ 80 for a total loss of $ 180), I must reduce the account size by an additional 20% to a notional account size of $ 640.
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@tcanuto If you use a percentage of balance instead of a fixed lot size that will get the desired result.
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@l-andorrà Helo! You all right? Thanks for the answer.
It turns out that in this case it will always remain fixed at%. I need that in addition to the percentage, I need this functionality so that if there are several negatively closed trades in a row, I won't lose a lot of capital.
Well ... I believe that if I know how to reserve the amount of the deposit or initial balance in a variable, it will be the beginning.
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@tcanuto You can always create a variable as that percentage. Depending on the equity right now the variable's value will change.
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@l-andorrà Well ... I started an example project using formulas, but I still haven't arrived at the desired result. Something's wrong. I'm a layman with formulas. Wanting to learn. If it is not uncomfortable, could you give me an example on how to do this please?
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@tcanuto I'm afraid I don't fully understand what you need. If you choose a fixed 2%, the lot size will be different when calculating 2% of 10000 (200) or 2% of 6000 (120). What is the problem exactly?
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@l-andorrà Please disregard the fixed 2% of block 4. I am trying my way. What I need is:
Starting capital: 1000 usd
Drawdown reached: 10%
Reduction in negotiated capital: 20%If I lose (DD) 10% of the initial capital, I will operate with less than 20% of the initial capital.
I started with a capital of 1000 usd. I lost 100 usd, or 10% of the capital. From this moment on, I will reduce my risk by operating with only 800 usd, with a 20% reduction of 1000 usd.
I now have 800 usd. I lose 10% (80 usd), I will operate with less than 20% of the capital (160 usd), leaving with a notional capital of 640 usd available for trading.
Can you understand now?
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@tcanuto Ok. Now I wee. In that case you will need a loop to do those calculations. I'm afrad loops are not my field of expertise, sorry. Maybe roar or miro can help.
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