I am looking for a building block that respects the conditions of max risk % settings, in order to use other position size styles with the same stop.
Condition max risk %:
The building blocks that I tried to reproduce the condition:
The difference (Max risk % is the closest stop) :
I don't understand why there is a difference.
If there is a building block that can reproduce max risk % setting.
Condition max risk %:
The building blocks that I tried to reproduce the condition:
The difference (Max risk % is the closest stop) :
I don't understand why there is a difference.
If there is a building block that can reproduce max risk % setting.
Rename
First, you're not comparing the same indicator. In the Max Risk Settings page, you're using ATR, but in the first Sell at Stop block you're using your custom ATRI indicator.
"Automatically issue a Stop Loss order" will happen any time you're using the the Max Risk Percent sizer.
With this option checked, do not add a sell block for the Max Risk stop. Because it will do what it says!
If you don't check it option, then you'll need to use the first block, but you have to make sure to use the same indicator.
After that, you can add a exit for any other logic required (time-based, profit, etc.).
"Automatically issue a Stop Loss order" will happen any time you're using the the Max Risk Percent sizer.
With this option checked, do not add a sell block for the Max Risk stop. Because it will do what it says!
If you don't check it option, then you'll need to use the first block, but you have to make sure to use the same indicator.
After that, you can add a exit for any other logic required (time-based, profit, etc.).
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