How to use 2 volume modes
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not sure what exactly this is, but if you need that function from blocks to outside block, place these blocks into some "non executed style" (as false condition block) - it places functions into code and than you can use these functions ...
https://fxdreema.com/shared/ALrlKBdFd
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I would like to know how can I modify the code to use the VolumeMode Balance Risk with Fixed Ratio?
I need you to manage by balance risk, but maximum volume is the result of fixed ratio.
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You can't modify the code of system blocks. You can always make custom blocks or MQL4 functions. But maybe you want to make some calculations before using Buy now/Sell now block
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I'm not saying the fxDreema block codes, but how to change in mql5 code.
I need to manage by balance risk, but maximum volume is the result of fixed ratio.
See:
input double MMPorcento = 20; // MM Porcento input double MMVolumeMaximo = 50; // MM Volume Maximo input double MMRJUnidade = 0.01; // MM Ryan Jones Unidade input double MMRJDelta = 200; // MM Ryan Jones Delta //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~// // fxDreema block #3 (Buy now) // void block3(int _parent_=0) { if (block3==false || FXD_BREAK==true) {return;} FXD_CURRENT_FUNCTION_ID=3; ////////////////////// // Input parameters // ////////////////////// string OrdersGroup=""; // Group # (empty=Default) string SYMBOL=CurrentSymbol(); // Market string VolumeMode="balanceRisk, fixedRatio"; // Money management double VolumeSize=0.1; // Lot size double VolumeSizeRisk=50; // Amount of money to risk double VolumeRisk=MMPorcento; // Risk percent double VolumePercent=100; // Volume size double VolumeBlockPercent=3; // Block % of Balance double FixedRatioUnitSize=MMRJUnidade; // Fixed Ratio: Unit size double FixedRatioDelta=MMRJDelta; // Fixed Ratio: Delta parameter double mmMgInitialLots=0.1; // Initial volume double mmMgMultiplyOnLoss=2; // Multiply on loss double mmMgMultiplyOnProfit=1; // Multiply on profit double mmMgAddLotsOnLoss=0; // Add lots on loss double mmMgAddLotsOnProfit=0; // Add lots on profit int mmMgResetOnLoss=0; // Reset after how many losses? int mmMgResetOnProfit=1; // Reset after how many profits? double mm1326InitialLots=0.1; // Initial volume bool mm1326Reverse=false; // Reverse 1-3-2-6? double mmFiboInitialLots=0.1; // Initial volume double mmDalembertInitialLots=0.1; // Initial volume bool mmDalembertReverse=false; // Reverse D'Alembert double mmLabouchereInitialLots=0.1; // Initial volume string mmLabouchereList="1,2,3,4,5,6"; // List of numbers bool mmLabouchereReverse=false; // Reverse Labouchere double mmSeqBaseLots=0.1; // Base volume string mmSeqOnLoss="3,2,6"; // Sequence on loss string mmSeqOnProfit="1"; // Sequence on profit double mmSeqReverse=false; // Reverse system? double VolumeUpperLimit=MMVolumeMaximo; // Volume upper limit string StopLossMode="dynamicLevel"; // Stop-Loss mode double StopLossPips=10; // in pips... double StopLossPercentTP=100; // % of Take-Profit string TakeProfitMode="none"; // Take-Profit mode double TakeProfitPips=10; // in pips... double TakeProfitPercentSL=100; // % of Stop-Loss double l0ca1_Slippage=Slippage; // Slippage string MyComment="Long trade"; // CommentSame procedure with the sell block.
I tried this but it didn't work. I believe there is something else that needs to be done in mql5 code.
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This is the last thing that I can recommend to someone - to edit the end files. As you can see, there are tons of mess in them, thousands of rows of weird stuff. And if you need to do every time... This is bad idea, really.
What maximum volume? If you want to take this volume, why not just using Ryan Jones. Or if you don't want... then why using it
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In summary, I need this:
input double MMPorcento = 1; // MM Porcento input double MMVolumeMaximo = "fixedRatio"; // MM Volume Maximo input double MMRJUnidade = 0.1; // MM Ryan Jones Unidade input double MMRJDelta = 200; // MM Ryan Jones Delta -
I'm from Bulgaria
And I need to refresh my memories for Ryan Jones You want to mix two MM, am I right?
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What I need is for the fixedRatio is the VolumeUpperLimit.
input double MMPorcento = 1; // MM Porcento input string MMVolumeMaximo = "fixedRatio"; // MM Volume Maximo input double MMRJUnidade = 0.1; // MM Ryan Jones Unidade input double MMRJDelta = 200; // MM Ryan Jones Delta ////////////////////// // Input parameters // /////////////////////// string VolumeMode = "balanceRisk"; // Money management double VolumeRisk = MMPorcento; // Risk percent double FixedRatioUnitSize = MMRJUnidade; // Fixed Ratio: Unit size double FixedRatioDelta = MMRJDelta; // Fixed Ratio: Delta parameter double VolumeUpperLimit = MMVolumeMaximo; // Volume upper limit -
Fixed Ratio == Ryan Jones
I don't see how upper volume limit can be a string value, this is the maximum lot size that is numeric (double), like 0.8. And there is an input field for maximum lot size for all MM: http://prntscr.com/7a6epn
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Yes. I know that and I realized in new blocks.
But I need to, instead of using a fixed number, use the fixed ratio as the maximum volume.
Because with that will have the risk management for balance and SL, but not exceeding the limit of the fixed ratio.
How do I do that?
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Just give me an example, how the lot size changes in time?
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Example:
Risk% = 1%
Upper volume limit = "fixed ratio"
RJ Unit = 0.10
RJ Delta = 2001% risk in an operation could 0.12 lots.
Maximum lot is and 0.10 lots.
Let's assume that in a position would give 0.12 lots, but the fixed ratio of the moment is 0.10. So this order opens only 0.10, because the maximum volume based on fixed ratio is 0.10 lot.
I made 200 usd profit.
RJ Unit rises to 0.20 lots.
Suppose in another position would open up 0.15 lots, and the fixed ratio of the moment is 0.20. So this order opens normal in 0.15 lots, because the maximum volume based on fixed ratio is 0.20 lot and not been exceeded.
In this way, the risk management will be more conservative and limited to the fixed ratio.
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I think I get your idea now. And the option of Fixed Ration will not be needed, but some calculations - yes. If I remember correctly, the lot size at any given moment can be calculated for Fixed Ratio, because it depends on the profit that is realized.
If our start balance is $1000, the initial lot size is 0.1 and we increase the lot size with 0.01 every $100, then can we calculate what will be the lot size when we reach balance of $3050? It will be 0.3 lots, right?
0.3 = 0.1 + 0.01 * (3050 - 1000) / 100
Well, the result is not exactly 0.3, but it will be rounder to the nearest correct value automatically when you put it into the input field.
And if the chosen values are exactly these, there is no need for Ryan Jones, because at $5000 the lot size will be 0.5, at 10,000 it will be 1 lot, everything is linear and the calculation can be simply Balance/10000.
So you need Ryan Jones to make thing non-linear. I mean, linear to the profit, but non-linear to the balance. In this case I'm not sure how you will synchronize this MM with another one, which will probably be linear (to the balance).
I'm not sure and this is only my feeling, but I think that for the first few profits you will use the lot size calculated from Ryan Jones, and then it will just start to rise too fast to ever reach it with the other MM. Or the opposite.
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__I think I get your idea now. And the option of Fixed Ration will not be needed, but some calculations - yes. If I remember correctly, the lot size at any given moment can be calculated for Fixed Ratio, because it depends on the profit that is realized.[/quote:azsknl2k]
That's right! Only the calculations.__If our start balance is $1000, the initial lot size is 0.1 and we increase the lot size with 0.01 every $100, then can we calculate what will be the lot size when we reach balance of $3050? It will be 0.3 lots, right? ...[/quote:azsknl2k]
Almost that. It works like this:According to the Fixed Ratio money management method proposed by Ryan Jones, before you can add a lot to an existing number of lots, each of the existing lots shall "win" a certain number of points (which Jones called the "delta"). For example, we have a deposit of 300 dollars and trade with 1 mini lot; the delta of, say, the same 300 dollars would mean that we will increase to 2 mini lots only when we gain (with the 1 mini lot we have) 300 dollars.
Similarly, the lots will be increased to 3 only after 2 mini lots will gain the delta of 300 dollars (each). That is, the increase from 2 to 3 mini lots will be possible when we add to the existing 600 dollars another 2 ะกโฆ $300 = $600, i.e. when having $1200; from 3 to 4 mini lots with the deposit of $1200 + ($300 ะกโฆ 3) = $1200 + $900 = $2100, etc. Thus, "the number of contracts is proportional to the amount required to buy a new number of contracts", from where the method derives its name. The decrease in the number of lots follows the same scheme in reverse.
We can, of course, run the parameter optimization but let us better have a look at the manual settings. For a pretest, you can use the Opening prices only mode or OHLC on M1.
The Money Management System default parameter values are as shown in the table below:
PARAMETERS VALUE
Start Deposit: 1000
Delta: 200
Start Lot: 0.1
Step Lot: 0.1Formula: x=((1.0+MathSqrt(1+4.0*d))/2)*Step;
where: x - the lower boundary of the transition to the next level d = (Profit / delta) * 2.0 Step- a step of the delta, such as 0.1 lots.
Source: https://www.mql5.com/en/articles/392#10
https://www.mql5.com/en/articles/217Link fo table for sample preview: http://www.tradestation.com/education/l ... ormulas-2#
Remembering that is to manage buy and sell together, not individually for each block. As has occurred in testing the management for each block, and not as a risk management for all code, if you know what I mean.
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I did this MM back then looking at some explanation somewhere and like other MM it was not explained for the world of Forex, so I improvised a little bit. Is it wrong? To be honest, I am really really bad at mathematics, as you can tell.
But anyway, because my idea is to not use this MM from the block and to use some formula instead. -
Correct! For me, just use the formula of fixedratio in "VolumeUpperLimit" which for me will be great!
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Hello fxDreema . Waking up this post. Still awaiting answers about How to use the result of Ryan Jones in a variable , so I add this variable in 'Volume Upper limit' , this insides of Buy and Sell Now blocks.
It seems that simple , but still can not do.
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I don't know, I have no ideas to put MM methods outside Buy/Sell blocks. But if the block that uses RyanJones creates a trade, then you can get the lot size from that trade
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Okay. So how to get the value of this lot instead of opening an order? I would take this value and add in a variable.
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Sorry, I have no ideas to put MM methods outside Buy/Sell blocks. In theory you can use the function that is used in Buy/Sell blocks to calculate this value, but I will never recommend to anyone to use the functions I have created. The reason is simple - I will eventually rename/delete them without saying a word. This is the function, use it at your own risk:
DynamicLots("fixedRatio", FixedRatioUnitSize, FixedRatioDelta)FixedRatioUnitSize and FixedRatioDelta are to be replaced with your numbers
