Keyword Description
Custom definition of risk
Class
Directive
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
|
|
|
Syntax
USERDEFINEDRISK
Example
Sample code
COL2 = ATR[15] * POINTVALUE ' pointvalue can change daily in forex markets
USERDEFINEDRISK = COL2[1] ' use $ volatility to define risk
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This keyword does not include slippage and commission. 1. Assigning a value to USERDEFINEDRISK is a SIG operation, but the value you assign is later used in Sizing operations. 2. After assigning a value to USERDEFINEDRISK in SIG code, the keyword is never explicitly used in Sizing statements, because... 3. The value you assigned to the keyword USERDEFINEDRISK flows through to all keywords containing the RISK suffix. This includes not only initial sizing keywords —including NEWRISK—but resizing keywords as well. |
See also: