I have a problem understanding the pyramiding possizer
Let's take this system:
If a position has more than 20% profit, then i want to buy the same position again. At 50% profit of the initial position i'll buy again.
CODE:
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This works, but i am not able to set the position-sizes i want.
I used the pyramiding-possizer.
- the first position should be sized based on the risklevel.
- the second position should buy the same amount of shares like the first position.
Do you have an idea, what's wrong?
Greetings,
Ronny
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Hi Ronny,
Switch to any other option like "Percent Equity" if you want your pyramided entries to stay Equal. The Max % Risk option with your ATR risk stop level is adjusting them to volatility.
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I thought about another position sizing:
Example:
1. Buy # of shares, based on maxRisk.
2. if profit > 20%, buy the same number of shares again.
I created a small prototype of a posSizer, that does exactly this.
Example:
Strategy:
CODE:
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And the PosSizer:
CODE:
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Now i get the trades, i wanted:
Greetings,
Ronny
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