This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
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Trading System Template: Position Sizing Techniques
With this trading system template, you will be able to test your strategy with different position sizing techniques quickly and effectively. By using this template to build your trading system then by clicking on the optimize button, QuantShare will backtest your strategy five times, each time using a different position sizing technique.
This template is a great way to discover which position sizing method works best with your strategy. You can also update and optimize the different money management variables. For instance, the Kelly criterion script allows you to define number of trades to use in the calculation of Kelly% as well as the maximum number of positions or trades to allow in the portfolio. You can update or optimize these variables directly from the simulator manager form.
This template implements the different position sizing scripts plus an additional one that create a global variable. This global variable is used to control which script to enable and which one to disable.
To save this trading system as a template, open it then click on "Save as Template".
To create a trading system from a template, open the simulator manager then select "New from template" under the "New" button.