Built-in Kelly ratio for dynamic position sizing — Strategy by CryptoRox

This is the defaut keltners channel strategy with a few additions.
The main purpose is to show how we include the Kelly ratio into our scripts for dynamic position sizing based on the performance of the strategy on a per trade basis.

We've also included the usual take-profit and stop-loss parameters in the event you want to play a little :)

We hope this helps you advance your personal system.
Happy Trading!

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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