Configuration of Granite EAs
All Granite EAs have been designed with a central precept: most simplicity for the person.They don’t require complicated configurations or limitless changes. In reality, all inner parameters are already pre-configured and calibrated after an intensive validation course of.Which means nothing else must be modified other than the 2 fundamental settings. Modifying different parameters might result in over-optimization and alter the statistical variance, decreasing robustness. That’why the Granite philosophy is obvious: much less is extra, and robustness comes from consistency.
The one components the dealer wants to contemplate are:
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Magic Quantity → the identifier quantity for every EA.
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The precise worth doesn’t matter; the one essential level is to not repeat it throughout EAs operating concurrently.
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Instance: one EA could have Magic 101, one other 202, one other 303, and many others.
Danger Cash → that is the place the person defines how a lot to threat per commerce.
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The worth is entered within the account’s forex (e.g. EUR, USD).
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The next are illustrative examples of methods to calculate it relying on account dimension.
Sensible Examples
Account Measurement |
Danger 0.5% |
Danger 1% |
Danger 2% |
1,000 € |
5 € |
10 € |
20 € |
5,000 € |
25 € |
50 € |
100 € |
25,000 € |
125 € |
250 € |
500 € |
50,000 € |
250 € |
500 € |
1,000 € |
100,000 € |
500 € |
1,000 € |
2,000 € |
📌 Easy instance: “If TraderMaster has an account of €1,000 and decides to threat 0.5%, he ought to enter in Danger Administration: €5.”
Necessary Discover
The examples above are supplied for instructional functions solely. They don’t represent monetary recommendation. Every person should outline their very own threat stage individually and beneath their very own accountability.