MCKSS
And the first indicator value on the top left shows 0.33333 represents 33.333%, that's how much percentage you should bet maximum for the best result when the win rate is 0.5 and the reward/risk ratio is 3.
The chart will show the Monte Carlo result of your strategy.
And you should run this strategy on the daily and set the scale to log scale to get what you want.
Here is the explanation of the setting:
Days For The Strategy To Run. 500 -> 500 trades
Initial Account -> Your USD account
Win Rate Percentage -> The win rate(0.5 represent for 50%)
Reward/Risk Ratio -> reward/risk ratio per trades in your system
Percentage of Kelly -> How much percentage of the account you want to trade with kelly. 100 represents 100%.
Have a good day.
Invite-only script
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
从心所欲不逾矩.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AlphaMex directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
从心所欲不逾矩.