Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2006(UTC)
Posts: 33
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I can utilize the backtester for stocks with no problem. Forex is a different matter.
I think the issue is knowing what to place ein the initial equity and default size. I think it's suppose to depend on the pair?
If I normally trade 1 standard lot with 100:1 leverage, what should I use?
And a mini lot would be?
Someone said to set interest to 0 - do I leave short initial at 150%?
Entry & exit are zero I assume.
Jerry
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT
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We usually recommend using the Points only Test to backtest forex. When you get your final forex result though, the points will need to be converted to figure out how much you would have made/lost.
You will need to shift the decimal point according to the currency pair "pip" value. Then you will need to multiply that number the the leverage to figure out the actual dollar gain/loss.
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