Question on Money Management Buy/Sell
-
Hello, I have seen something I can not explain. In my EA I defined parameter Risk, SL and TP. Risk was entered 0.0567, SL was 0.2 and TP 100.0. In a Buy or Sell block I use Risk % of balance - so 0.0567 (No upperlimit set), Stop-Loss mode is % of price - so 0.2 and Take-profit mode is % from Stop-loss.
During my backtests with a 100K account the profit/loss money amounts are all around 500/600 (+/-) which was what I expected. But someone else got Trade losses of 5000-6000(+/-). I am confused. 100000*0.0567 is indeed 5/6K but in my backtest I got position values that were much smaller. So what is the position value on a 100K account with the values in my example: Risk 0.0567, SL 0.2 en TP 100. How can it be different ? -
That depends on your block logic. Can you please share the link to your project?
-
https://fxdreema.com/shared/ux0Lp1N7d it's simple and no changes are made to Risk, SL or TP.