CryptoRox

Kelly Ratio

105 0 8
http://www.financialwisdomforum.org/gummy-stuff/kelly-ratio.htm

Used to help determine the % of your balance to place per trade.
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//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)
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