how to base your trade size from your account balance

Created at 18 Dec 2020, 02:28
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
JA

jackhpfilerrowson

Joined 26.11.2020

how to base your trade size from your account balance
18 Dec 2020, 02:28


Hi, I was wondering if anyone could help me with how to change the size of a trade depending on my account balance?


@jackhpfilerrowson
Replies

PanagiotisCharalampous
18 Dec 2020, 07:54

Hi jackhpfilerrowson,

Can you be more specific? Give us an example of how do you expect this to work.

Best Regards,

Panagiotis 

Join us on Telegram


@PanagiotisCharalampous

jackhpfilerrowson
18 Dec 2020, 15:31

RE:

PanagiotisCharalampous said:

Hi jackhpfilerrowson,

Can you be more specific? Give us an example of how do you expect this to work.

Best Regards,

Panagiotis 

Join us on Telegram

Thanks for the reply. 

So say my account balance is £10,000 and I want a trade to use 2% of this multiplied by my leverage for a trade (£10,000*0.02*500 for example). And then the next trade would have a different volume based on the same logic but new account balance. 

Let me know if you need me to clarify further, much appreciated. 


@jackhpfilerrowson

PanagiotisCharalampous
18 Dec 2020, 15:56

Hi jackhpfilerrowson,

Here is an example

            var volume = Account.Balance * 0.02 * Account.PreciseLeverage;
            ExecuteMarketOrder(TradeType.Buy, Symbol.Name, volume);

Best Regards,

Panagiotis 

Join us on Telegram


@PanagiotisCharalampous

jackhpfilerrowson
18 Dec 2020, 17:02

Thanks that works great. Any idea as to why it has changed the number of trades from 583 to just 1 however?

Thanks for your time, Jack.


@jackhpfilerrowson

PanagiotisCharalampous
21 Dec 2020, 08:19

Hi jackhpfilerrowson,

Which trades are you referring to? 

Best Regards,

Panagiotis 

Join us on Telegram


@PanagiotisCharalampous

jackhpfilerrowson
22 Dec 2020, 00:18

RE:

PanagiotisCharalampous said:

Hi jackhpfilerrowson,

Which trades are you referring to? 

Best Regards,

Panagiotis 

Join us on Telegram

No worries, it was just my poor coding all fixed now. Thanks for your help above


@jackhpfilerrowson