JoshuaMcGowan

Strategy Test - Cancel Limit Order and Position Sizing

JoshuaMcGowan Mis à jour   
While working thru another project had the need to troubleshoot the canceling of a limit order syntax/process as well as work thru the code and logic to automagically set the position sizing based off two user inputs (Amount to Risk in USD and Leverage to Use) and the potential entry and stop levels for an inside bar candle pattern in this scenario. Once we find the distance between the entry and stop level we can figure out the stop percentage amount which matches up with what a user would see manually drawing using the long or short tool in tradingview. Once we have the user inputs and levels we can get an amount to be used in later qty= type of places in zeeee pine script....
Notes de version:
The previous code didn't meet my specific trade setup requirements but left that information commented out in case it applies and is helpful to someone else down the road. Will be testing this new approach and see how it ends up going. This is by no means a finished product but the various code snippets should be of help to others looking for ways to approach this risk management question.

All the best. #PMAFTW

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Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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