CryptoRox

Kelly Ratio

460 0 64
http://www.financialwisdomforum.org/gummy-stuff/kelly-ratio.htm

Used to help determine the % of your balance to place per trade.
Remove from Favorite Scripts Add to Favorite Scripts
//Read up on the Kelly Ratio the same place I got the algo for it.
//http://www.financialwisdomforum.org/gummy-stuff/kelly-ratio.htm
//Thanks to @mr.blonde for the share.
study("Kelly Ratio")

p = input(50, "Probability of a Win - It may be 30% or 60% for a stock, but 50% for a coin toss!") / 100
w =  input(1.25, "Average amount of winnings (when you win)")
l = input(1, "Average amount of losses (when you lose)")     

kr = (p - (1-p) / (w/l)) * 100

plot(kr, color=red)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out