Robo Manager VB Masaniello (By forex_trader_247589)
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Robo Manager VB Masaniello Discussion
Jun 10, 2015 at 16:15
1,081 Views
1 Replies
forex_trader_247589
Member Since May 06, 2015
3 posts
Jun 11, 2015 at 06:48
This system uses a sophisticated method of money management based on a binomial distribution called 'Masaniello'. The goal is to have the best control over exposure and know exactly when and how much to lose or gain.
The money management 'Masaniello' calculates the lots of a number of 'n' trades of which we believe we are capable of winning AT LEAST 'k' events (with 0 <= k <= n), assuming that the distribution of events is of random type with probability for each event to be successful equal to p, and q = 1 - p to be wrong. Actually parameters are n = 6 and k = 3. This means that we have to gain 3 times out of 6 for a winning cycle and losing 4 times out of 6 for a losing cycle. Test risk is fixed to 400$ of the balance for every cycle. So we know exactly what is the maximal loss no matter what the market conditions.
The money management 'Masaniello' calculates the lots of a number of 'n' trades of which we believe we are capable of winning AT LEAST 'k' events (with 0 <= k <= n), assuming that the distribution of events is of random type with probability for each event to be successful equal to p, and q = 1 - p to be wrong. Actually parameters are n = 6 and k = 3. This means that we have to gain 3 times out of 6 for a winning cycle and losing 4 times out of 6 for a losing cycle. Test risk is fixed to 400$ of the balance for every cycle. So we know exactly what is the maximal loss no matter what the market conditions.
Member Since Jul 06, 2015
1 posts
Jul 06, 2015 at 09:56
Your strategy looks so goo. Can we know the precise calculation of the money management?
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