[FEATURE] TL Multiplier

[crophoenix]

Describe the feature you are requesting and how it would benefit the performance or user flow TL multiplier to be introduced as optional parameter to allow multiplication of DCA and help with getting out of bad trade sooner because increased position size will push BEP down much quicker. TL multiplier should apply only in drawdown situations and then fill the next order when signalled by exo by multiplying previously multiplied TL. For example TL of 10 and TL multiplier of 1.2 will increase TL by 20% for every subsequent buy, so if 5 positions were to be filled, their position sizes / TLs should be 10, 12, 14.4, 17.28, and 20.736 respectively. Not recommended for high frequency trading, but is up to the user's risk appetite to decide how much they're willing to risk.

Variation of this implementaion could be to have TL multiplier driven by:

• sequence of TLs in absolute values provided by users e.g., 10,12,15,20 (last to remain fixed for all subsequent buys if needed)
• account balance partitioning for example for every $1,000 slice of the balance, apply 1% to the TL multiplier for DCA orders ... say account balance is $10,000, that's 10 slices of $1,000 each, so 10% to be converted as 1.1 for the TL multiplier
• drawdown size e.g., DD% increase doubles the amount of TL multiplier, say if 5% DD then TL multiplier is 1.1 (10%), if DD% continues and is 10% then TL multiplier is 1.2 (20%) on top previously applied 1.1, and so on.

Is the request for TV or exoTrader? Both, TradingView / exoTrader

Have you considered achieving the outcome with current features? Not possible to multiply TL other than manually intervene to set different TL value after each trade

Provide examples or data to support the request N/A

[quantatrading]

Thanks for contributing, will pull this when critical backlog is cleared. ty