Automated way to manage strategies in portfolio

Hello Folks,



First of all Congratulations for SQX !!! As an owner of SQ3.8 I was waiting for it for long time but it was worth it and I am impressed. I can see you guys did great job and were doing it with unique care and passion. The quality in design and functionality it is really impressive! Well done, you can be proud.
I am impatiently waiting for Grid option to use more PCs, computing power.


My idea as a proposal:


It would be great to have ability to manage strategies in portfolio in automated way. The way I think it could be done is by adding the feature for each strategy where it would monitor its own max Drawdown from last High (in pips, % or money) after each trade it did. Once the predefined value is reached it could do specific action defined as one of its parameters i.e.:
 a. It could stop trading
 b. It could decrease next positions to i.e. minimum ( i.e. 0.01 lot). Once Drawdown is getting bigger and bigger, it should be set to stop trading after specific number of bars and give up anyway .


Option (b) is giving the additional advantage - we can still monitor its behavior after bigger DD but with minimum impact on our account. 
When the strategy appears to come back to positive trading (i.e. after the Drawdown which appeared to be bigger than previous ones). It could switch back to normal trading positions. Following this one more option:


c. It could decrease next positions to i.e. minimum ( i.e. 0.01 lot). Once after specified number of bars the Drawdown will start getting smaller to i.e. 30% or 0% (variable to be set) of its maximum value, come back to its standard positions in lots. 
However like in (b), once Drawdown is getting bigger and bigger, it should be set to stop trading after specific number of bars and give up anyway .


It could be added as an option as additional function under each strategy to allow it to use when the strategy is started in real portfolio.
It would also be great to have such a function available under AlgoWizard and EA Wizard in Strategy Control section.


Thank you, Piotr

Attachments
No attachments
  • Votes +2
  • Project SQ Programming
  • Type Feature
  • Status New
  • Priority Normal

History

p
#1

pitro

20.01.2019 14:32

Task created

p
#2

pitro

20.01.2019 14:36

Description changed:

Hello Folks,



First of all Congratulations for SQX !!! As an owner of SQ3.8 I was waiting for it for long time but it was worth it and I am impressed. I can see you guys did great job and were doing it with unique care and passion. The quality in design and functionality it is really impressive! Well done, you can be proud.

I am impatiently waiting for Grid option to use more PCs, computing power.


My idea as a proposal:


It would be great to have ability to manage strategies in portfolio in automated way. The way I think it could be done is by adding the feature for each strategy where it would monitor its own max Drawdown from last High (in pips, % or money) after each trade it did. Once the predefined value is reached it could do specific action defined as one of its parameters i.e.:
 a. It could stop trading
 b. It could decrease next positions to i.e. minimum ( i.e. 0.01 lot). Once Drawdown is getting bigger and bigger, it should be set to stop trading after specific number of bars and give up anyway .


Option (b) is giving the additional advantage - we can still monitor its behavior after bigger DD but with minimum impact on our account. 
When the strategy appears to come back to positive trading (i.e. after the Drawdown which appeared to be bigger than previous ones). It could switch back to normal trading positions. Following this one more option:


c. It could decrease next positions to i.e. minimum ( i.e. 0.01 lot). Once after specified number of bars the Drawdown will start getting smaller to i.e. 30% or 0% (variable to be set) of its maximum value, come back to its standard positions in lots. 
However like in (b), once Drawdown is getting bigger and bigger, it should be set to stop trading after specific number of bars and give up anyway .


It could be added as an option as additional function under each strategy to allow it to use when the strategy is started in real portfolio.
It would also be great to have such a function available under AlgoWizard and EA Wizard in Strategy Control section.


Thank you, Piotr

p
#3

partizanas

21.01.2019 14:34
Voted for this task.
p
#4

pitro

04.02.2019 16:59
Voted for this task.

Votes: +2

Drop files to upload

or

choose files

Max size: 5MB

Not allowed: exe, msi, application, reg, php, js, htaccess, htpasswd, gitignore

...
Wait please