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S
Thank you once again for some great
code.
My token of appreciation. Not sure how to play it
but will have a go.
((Security("X.NASD-A",MACD()))>1)
I lay this an indictor over the x.nasd-a or US
stocks (not CDN stocks as out holidays are different)
Take new long positions when up.
I play this in combination to your SPY code
Martin Blain
Burlington Ontario
----- Original Message -----
Sent: Tuesday, January 11, 2005 1:25
AM
Subject: [EquisMetaStock Group] Free
Position Sizing Code
Speaking of position sizing, here's a little
position size code
indicator you can plot before you buy a stock. It will
tell you how
many shares you should buy based on your risk level and the
ATR of
the stock. If you want to know more about how this works, read
about
position sizing using volatility. You can make other indicators from
it that tell you how much you're going to invest in that stock,
etc.
Have fun! And it's FREE, FREE, FREE.
Make an indicator out
of this. Name it whatever you want! I like to
call mine Black Hole for
Money Indicator
CapitalAccount:=Input("Size of Capital
Account",5000,10000000,100000);
RiskPercent:=Input("Account Risk Tolerance
in
Decimals.",0.001,100,0.01);
VT:=Input("ATR Periods for Calculating
Volatility.",1,100,10);
Bars:=Input("Number of Bars for Smoothing
ATR.",2,100,10);
WhimpFactor:=Input("Personal Risk Profile-1 Cowboy to 7
Whimp",1,7,3);
x:=Mov(ATR(VT),Bars,S);
RiskPercent*CapitalAccount/(x*WhimpFactor)
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