Money Mgmt and Compounding

June 6th, 2011, 08:05 AM

RM99

Vars: AccBalance(0);

//Declaration of Variable

AccBalance = GetRTPurchasingPower(GetAccountID);

The "getxxxxxx" functions will supply you with whatever numerics you're looking for. You can either manually specify your account number or use the "GetAccountID" function to return it.

I have confirmed with Multicharts that there is no function that can read your account balance from the broker unfortunately.

June 6th, 2011, 09:27 PM

Why not just consider a less sophisticated approach, and have an input variable be your starting balance, then have the strategy just run it real time as it has wins/losses during the day.

Mike

June 7th, 2011, 07:57 AM

Big Mike

Why not just consider a less sophisticated approach, and have an input variable be your starting balance, then have the strategy just run it real time as it has wins/losses during the day.

Mike

Yeah this is what I've ended up doing. It just means when you stop and start the strategy you have to update the input variable with the account balance otherwise it will start again at whatever the input variable is set to as the default.

June 7th, 2011, 08:06 AM

RM99

Lastly, the only REAL solution to the problem you're trying to solve (unattended trading) is to hire a just graduated finance student at $15/hour to baby sit your system

Or baby sit it yourself.

And I can vouch for that....really the way to go!!...

Trader

Money Mgmt and Compounding

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Money Mgmt and Compounding