BS
@bs
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Topics: 0 / Replies: 9
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RE: FX Position Sizing HELP!

Just noticed this: For EUR/JPY: $10,000 / 1.2398 (current EUR/USD exchange rate) = 8,066 units which checks out on my broker. For GBP/JPY: $10,000 / ...

8 years ago
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RE: FX Position Sizing HELP!

Yeah I was going to try and figure out a non-SL based calculation after this- I was starting from the % risk angle since I figured it would help me re...

8 years ago
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RE: FX Position Sizing HELP!

What we ultimately want is this (in MC I'm using the exchange rate and PriceScale to calculate StandardLotDollarValuePerPip) : (RiskCapital / (StopLos...

8 years ago
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RE: FX Position Sizing HELP!

The issue I'm running into with using python is that when I do the calculation in MultiCharts, I'm using some variables provided by the broker (when o...

8 years ago
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RE: FX Position Sizing HELP!

Yeah let me get you a way better manual calc-- I'm actually doing the ones for #1 BACKWARDS now that I went to plug them in to my broker to check. I h...

8 years ago
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RE: FX Position Sizing HELP!

Also-- sorry, when I looked at the sizing you posted above (for ATR based stop sizing) I only looked at AUD/USD. For non base pairs you'd need to use ...

8 years ago
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RE: FX Position Sizing HELP!

Yeah the ATR based sizing looks right. For the sizing in #1, if you wanted to buy $10K worth of a spot currency that ends in USD you would just be buy...

8 years ago
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RE: FX Position Sizing HELP!

Also, as far as commissions: In spot FX obviously you've got both spreads and commissions. On some of the more exotic pairs, and even on the majors du...

8 years ago
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RE: FX Position Sizing HELP!

I'm not sure if this is what you're looking for or not, but here's how I calculate position size. Personally I throw margin/leverage out of the calcul...

8 years ago