Order Qty Calculate
Order QTY Calculate is used to set your position size for each trade that you take with the Predator.
Note that each additional profit target that you add with the Predator will require a minimum EXTRA QTY of 1 for each.
⤷ Meaning, if you add 3 separate profit targets, your minimum position size will be 3.
You have 2 options with the Predator when it comes to selecting the best position size for your strategy.
1. Custom QTY:
⤷ This will allow you to select any position size for each one of your targets.
2. Automatic QTY:
⤷ Allows the Predator to automatically calculate the best position size for you based on the distance between your Initial Entry and initial Stop Loss. This can help you maintaina consistent RR. Especially if your Stop Loss has a different distance on every trade.
The video below explains the Auto Position size function.