Closer Initial Stop when using fixed fractional position sizing

[MichaelD]

Suggestion 2 for TradeSim is to be able to simulate the following;

Position size = 0.5% risk (fixed percent risk)
Trailing Stop = 6.5 ATR
Initial Stop = (eg) 3.5 ATR

Unfortunately, when using InitialStop to achieve fixed % risk position sizing, you cannot have the InitialStop anywhere other than at 6.5 ATR in the above scenario.

[David Samborsky]

The latest version 5.4.2 of TradeSim supports two additional PS models which allow you to specify volatility and hence PS independently of the Initial Stop and hence risk.

You just have to assign your volatility using the following for example

ExtFml( "TradeSim. SetVariableVolatility ",6.5*ATR(period));

[MichaelD]

Woohoo!

More experimentation to do.