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elit  
#1 Posted : Thursday, August 31, 2006 10:11:36 AM(UTC)
elit

Rank: Member

Groups: Registered, Registered Users
Joined: 8/25/2006(UTC)
Posts: 10

Could someone advise me what slippage should be used in system testing?
in percentage and in points...

And also does the "points per transaction ($)" mean that if i enter say "10" in the box that the commission is $10 per order?

Is slippage important factor when trading EOD and weekly systems?
Justin  
#2 Posted : Friday, September 1, 2006 2:02:37 PM(UTC)
Justin

Rank: Advanced Member

Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT

I believe slippage is going to vary from broker to broker. It is basically supposed to be a number that averages the difference in price from MetaStock and your broker. This is something you would want to track yourself for a while (perhaps even with a demo account) to get an good average.
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