Quantity & Scaling¶
Quantity decides how many contracts an entry takes: a fixed number, a size worked out from the money or percent you risk at the stop, or the ML Engine's forecast. Scaling adds to an open position - in profit, or against it on a grid.
Quantity¶
Risk money
Risk 200, stop 20 ticks on MNQ ($0.50 a tick = $10 a contract): 200 / 10 = 20 contracts, kept between Min and Max.
| Parameter | Default | What it does |
|---|---|---|
| Mode | Fixed | Where the entry size comes from. Fixed: the number below. Risk money / Risk percent: sized so the stop loses Risk. ML: the engine's forecast. |
| Quantity | 1 | Contracts per entry in Fixed mode. |
| Risk | 200 | What one entry may lose at its stop: in currency (Risk money) or percent of capital (Risk percent). |
| Min | 1 | Smallest size of a calculated entry; a smaller result is raised to it. 0 = such an entry is skipped. |
| Max | 10 | Largest size of one entry. 0 = off. |
Scaling¶
| Parameter | Default | What it does |
|---|---|---|
| Type | Single position | SinglePosition: adds join the position with one stop and target. MultiPosition: each add is a separate position with its own stop and target. |
| Placement | On trigger | On trigger: each add is sent when its level is reached. Resting: all add orders are placed in advance after the first fill. |
| Direction | Raise | Raise: add as the price moves in the trade's favour. Drop: add as it moves against it. Both: either way. |
| Count | 2 | The most adds one position takes. An add counts once it is sent - one that is refused and not retried, or that expires unfilled, is not given back. |
| Mode | Ticks | Unit of Trigger: ticks, points, percent, currency, ATR, R multiple, or decided by the strategy. |
| Trigger (ticks) | 20 | How far the price has to go from the last entry before the next add. |
| Trigger (points) | 5 | How far the price has to go from the last entry before the next add. A point is the instrument's price unit - 1 point of NQ or ES is 4 ticks. |
| Trigger (%) | 0.1 | How far the price has to go from the last entry, as a percentage of it, before the next add. |
| Trigger per contract ($) | 100 | How far the price has to go from the last entry, as money per contract, before the next add. |
| Trigger (ATR) | 1.0 | How far the price has to go from the last entry, in ATRs of the chart's bars, before the next add. |
| Trigger (R) | 1.0 | How far the price has to go from the last entry, in multiples of what the first entry risked, before the next add. |
| ATR period (bars) | 14 | The ATR Trigger is measured in, on the chart's bars. |
| Pivot period (bars) | 0 | Add only after a swing of this many bars has formed and the price has turned from it. 0 = off. |
| Step mode | Same | Size of each add. Same: as the first entry. Multiply: the first entry times Step factor for each further add. |
| Step factor | 2.0 | The multiplier of Step mode = Multiply. Below 1 each add is smaller than the one before; the size never goes below one contract. |
| Max total | 10 | Most contracts the position may hold with all adds. 0 = no limit. |
| Protection after add | Recalculate | SinglePosition only. Recalculate: stop and target are reset for the new average entry. Keep: they stay at their levels. |