Why?
This tool is designed to assist traders struggling with risk management.
How does it work?
The algorithm simulates trades based on your inputs, calculates the outcomes using probabilities and predefined risk parameters, and displays the results in a detailed table.
What to input?
- Balance: The starting balance for your trading simulation.
- Win Rate %: Your estimated probability of winning a trade.
- RR-Ratio 1/: The risk-reward ratio that you usually use for your trades.
- Risk %: The percentage of your balance you are willing to risk per trade.
- Lose Risk %: The percentage risk applied after a losing trade.
- Win Streak Risk %: The percentage risk applied after a winning trade.
- Number of Trades: The total number of trades to simulate.