roulette_pl_calculator_fibonacci: Roulette P&L betting based on the Fibonacci Betting System
In Trading: CCR, Advanced Correlation & Beta Estimates, Betting Strategies

View source: R/roulette_pl_calculator_fibonacci.R

roulette_pl_calculator_fibonacci

R Documentation

Roulette P&L betting based on the Fibonacci Betting System

Description

Calculates the potential profit or loss when someone is betting in the roulette based on the Fibonacci Betting System.

Usage

roulette_pl_calculator_fibonacci(
  bet_minimum,
  bet_maximum,
  initial_capital,
  simulations_num,
  trials_per_sim
)

Arguments

`bet_minimum`	The minimum betting amount that the casino allows
`bet_maximum`	The maximum betting amount that the casino allows
`initial_capital`	The initial capital to be used
`simulations_num`	The number of simulations to be run
`trials_per_sim`	The number of trials in each simulation

Value

A list containing the minimum, the maximum and the final balance for each simulation. Also the P&L graph for the last simulation will be plotted.

Author(s)

Tasos Grivas <tasos@openriskcalculator.com>

References

https://en.wikipedia.org/wiki/Roulette#Betting_strategies_and_tactics

Examples


# This software is covered by GPL license and provided strictly for educational 
# reasons (no actual investment or betting decisions should be taken based on this)
# On top of these, the below example contains a tiny number of simulations and
# trials just to pass CRAN tests - the user would have to highly increase both
# variables when running these.
pl_results = roulette_pl_calculator_fibonacci(bet_minimum = 0.1 , bet_maximum = 6000,
 initial_capital = 20000, simulations_num = 100, trials_per_sim = 100)
summary(pl_results$min_capital)
summary(pl_results$max_capital)
summary(pl_results$final_capital)

Trading documentation built on Feb. 13, 2024, 3 a.m.