hello
I have a question. how do you calculate if you want a gain of 1% per day?
I have this week tried to make a good risk-manger system but I found that you can keep it extremely simple.
we say that my goal is to make a profit of 1% per day.
price of GBP / CHF is at 1.5662 so my formula looks like this:
1.5662 * 0.01 = 0.015662
so I bet 100% of my capital with a stop loss at 156 Pips, I risk 1% of my capital, right?
so the plan is to focus each day on the currency which has the best conditions for a profit.
that means that I need to have two good day to offset a bad day, considering that you spend the whole evening to predict next day’s good value pairs. looks pretty bright for this strategy, right?
for if man could have a gain of 1% every day for a whole year (250 trading days), I would have a rate of 1191% which is not so bad!
I am thinking right?
F = P(1+i)^n
F - future value
n - 365 days.
i - interest per day in terms of decimal - 0.01
P - your principal amount, i.e. account balance.
Enjoy. This will tell you the total amount you will have after 1-year if you earned 365. Change N for any number of days. If one trading week, use 5.
If you want to calculate manually,
Do
P = Initial amount
Day1 = P x 0.01 + P
Day2 = Day1 x 0.01 + Day1
Day3 = Day2 x 0.01 + Day2
and repeat etc.
Yes a very sound MM strat… others could learn from this conservative but equally MM compounding strat. I suspect although having not done the math you are correct. 
Now you just need a sound and consistant aproach. The Devils is in the detail. Might I humbly suggest switching to a longer TF? 
The four majors are very likely about to change trend. Plot a horizontal line on E/U at 1.3450, U/CHF at 0.994, G/U at 1.587 and U/J at 83.35 and see where PA goes over the next week’ish in demo.