Optimal F for MQL5 (per Ralph Vince) – library MetaTrader 5
I couldn’t find MQL5 code for the Kelly Criterion, so I decided to write it myself; but it turned out that the Kelly Criterion only works for Bernoulli Distributions. This means it works only for fixed profits and losses, i.e. fixed SL and TP, but I rarely do.So, based upon the work of Ralph Vince’s … Read more