Gidday


I am looking for a mm system that is based on using the daily range as the TP and SL.


The way I am looking for it to work is the greater the range the more of the FreeMargin is risked and vice versa.

I have attempted to code it my self but have had a bit of trouble

My maths might be wrong but this is what I am looking to acheive.

bar2

H = 1.64947

L = 1.64889

Range = H-L = 58


bar1

H = 1.64922

L = 1.64771

Range = H-L = 151


Percentage Risk = 151-58/151=0.61*100=61%


if there is $1250free margin I would like to the Percentage Risk as above the differance between bar ranges so 1250*61% = 762.5 risked on the next trade.

the Tick value is $10 so $762.5/$10 = 76.25 pips ? i think


the range is 151 from the previous bar so w divide 76.25/151= 0.50 so my lot size is 0.50.


double Range = (H-L);


Is this able to be coded

Beno