Properties

Table of Contents

The properties are the data used for order size calculation.
It’s also used in the Strategy Tester for the backtests


Initial Capital (Default : 100,000)

The initial capital is what you allow to be used by the indicator and what is available on your exchange account.
You must enter the amount of USDT or BUSD available in your Binance FUTURES account or Binance SPOT account.
For the moment, only USDT and BUSD is available.
Every available pairs are shown in Webhook category of the v3.capitaliz.io platform.
Remember that the capital is shared accross every pairs you set alerts on.

For example, if you have 1,000 USDT on Binance FUTURES wallet, put 1,000 in the Initial Capital field.

Base Currency (Default : Default)

The base currency is the fiat base (EUR,USD,GBP…).
By default, USD is used and we advise you to let USD by default.

Order Size

The order size is the amount used in every order to give the size of it.
It depends on two parameters, which are :
  • % of equity
  • Contracts

% of equity

This is the percentage of your capital used for every order the indicator will create.
For example, if you’ve set 1,000 in Initial Capital and you put 20% of equity; 200 USDT will be used for each order.
Remember that if you create many alerts, like 10 alerts, you can’t have all 10 orders created at the same time or opened in parallel because your equity is 20% in the example (20*10 = 200%. Limit is 100%)

Contracts

We DO NOT use this in our indicator.

Pyramiding (Default: 1)

This is the number of order you want to allow to be created in the same direction.
For the moment, this is not used in our indicators.

Commission

Commissions are used in the Strategy Tester, but it doesn’t take into account the leverage and the funding fees, so we advise to do your calculation yourself for this part about fees.
Commissions are calculated for each order (long/short).

Verify Price For Limit Orders

With the ‘Verify Price For Limit Orders’ setting TradingView only considers limit orders filled when prices move a certain amount of ticks past the limit price. This makes it a bit more likely that historical limit orders would also have filled in real-time. It also prevents that limit orders fill at the bar’s exact high or low. (Note that this setting does not change the actual limit fill price.) – Source

Slippage

With the strategy’s ‘Slippage’ setting market and stop orders fill at a more unfavourable price. This way we can simulate the scenario in which there was not enough liquidity at our intended trade price. And prevent we get filled at the bar’s open, high, low, and close prices. – Source

Recalculate #

After Order is Filled

The indicator performs an additional intra-bar calculation when an order fills, and this affects the real-time behaviour as well as the historical backtest. But with real-time data that calculation happens on the next price update, whereas with historical data it happens on the candle’s open, high, low, or close.

On Every Tick

When enabled, the indicator calculates on every real-time tick instead of just on candle close.
This, hower, only changes how the strategy behaves on real-time data and has no effect on historical data.

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