Risk Manager Program - The easiest money management strategy

Hey guys, this is a little program i made that uses volatility to normalize how much your trading across different markets. This is great because no matter what market your trading your risk is staying constant. There are 5 levels of risk defined by this management strategy, the one you pick depends on how far away your stop is going to be. There are still a couple kinks in the program, heh i made it all last night. If you could test it out for me that would be great!....let me know if it even runs on your comps!

*note when putting in average range of the pair 100 pips = 1.0 ;146 = 1.46
also right now the max daily risk isnt used, thats there for more stuff im going to add

cheers :-)

a screen shot of the program in action

what does this thing do for me?

What sort of volatility? In prices or in returns? Plus, don't you need historical data to calculate volatility? Where does the program get the data? It would need to update on a semi-constant basis...
I wanted to look at the code but it seems there is no way to...Anyway, if the program compares volatility between different pairs, the volatility should be volatility in returns, otherwise there's no common denominator and it would be like comparing apples and oranges.

I didn't actually open the exe...just peaked at the db a little, it's a bit problematic..I think other people will be reluctant at even taking a look at your program because it comes compiled and there's no way to know for sure what it does...or if anything "extra" comes with it.

the way this program works is much like the way the turtles used to manage money but with a twist. measuring volatility is easy as taking the 20 day average of ATR. what this does is tell you how much you can afford to risk depending on different trade situations. i will write a tutorial or something soon im very busy. here is the code, its going to be vary hard to read as i havent refined it yet.

how about not take SL, but use hedging, with double new trade lot with the same direction in 100 pips???

Friend, where have you been?
According to NFA, hedging has been terminated....
And FIFO also rules now...

Before you know, NFA will rule the entire world...
We all will be out of business and be doing something else....

This means a lot of strategies out there will become OBSOLETE.

If you have a strategy that surpasses ALL and believe I don't know about, please chip in.