- ago
Apologies in advance if I am searching for something that is somewhere obvious…

I’ve been looking for more information regarding the advanced position sizers, but didn’t succeed so far. I could not find it in the manual and also not it this website.

I’m particularly interested in getting more details about the “Meritocratus” one which seem to be extremely interesting (and smart).

Thank you!
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- ago
#1
QUOTE:
I’m particularly interested in getting more details about the “Meritocratus” one which seem to be extremely interesting (and smart).
As said in its Description, it "Fluctuates the position size between a minimum and maximum percent of equity based on the percentage of this symbol's trades that were profitable to date. If the profitability percentage exceeds the specified threshold, the maximum percent of equity value will be used."

It's the new name for the "Percent Winners position sizing (% Equity)" PosSizer. You can learn more about it in the WL5 Wiki:
http://www2.wealth-lab.com/WL5WIKI/psPctWinnersPct.ashx

I documented the Meritocratus in the built-in Help for B40.
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- ago
#2
QUOTE:
I’ve been looking for more information regarding the advanced position sizers, but didn’t succeed so far. I could not find it in the manual and also not it this website.

How come? Help > Extensions > Power Pack > Position Sizers.

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- ago
#3
Thank you Eugene.

I was looking in the wrong place:
- I was looking for the information under "Strategy Settings" and only found the section "Position Size" without the description of the various position sizers.
- And a search for "Meritocratus" returned no results, so I wrongly assumed that all the position sizers description was left out.

I know what I need now. Thank you!
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