Kelly Criterion for Risk Size Recommendation and chart incorporation
The trade stats have all the info needed to derive a recommended trade size using the Kelly Criterion. I would love to see a “suggested risk” amount that has the Full size calculated by Kelly Criterion and smaller amounts. (1/2 and 1/4).
Additionally, create a custom indicator that incorporates that info for the win loss estimator. Bam, you will have a legion of folks using optimal/appropriately risk without having them to think.
Status: Added to Backlog
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