Risk set % of bank in ProRealTime Automated Spread Bet Trade
Joined 17/05/23 10:51
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Apologies if this has been answered before. I have some ProRealCode written for a strategy I have previously back tested manually using IG charts.
I am now wanting to paper trade this strategy on real time data in IG.
How do I set it up to auto trade spread betting instruments e.g. FX currency pairs so that the bet only risks a certain % of my bank (based on the stop loss I have set in the code)?
Simple maths would be:
Current Bank * % Risk / Stop Pts
Thanks in advance
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