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Re: [amibroker] System Testing on EURO - forex??


  • To: <amibroker@xxxxxxxxxxxxxxx>
  • Subject: Re: [amibroker] System Testing on EURO - forex??
  • From: "Tomasz Janeczko" <amibroker@xxxxxx>
  • Date: Tue, 8 Apr 2003 10:16:57 -0700
  • In-reply-to: <b6tro8+tbjk@xxxxxxxxxxx>

PureBytes Links

Trading Reference Links

Hello,

Excerpt from Help file: Tutorial: Backtesting Futures.

"
Point value


Point-value is per-symbol setting (definable in Symbol-Information window - (picture above)) that determines the amount of profit
generated by one contract for a one point increase in price. Example: copper is quoted in cents per pound, a price quote of 84.65
(or 8465) equals 84 cents and 65/100 of a cent per pound. A change of +.37 or 37 represents 37/100ths of a cent you will normally
hear it quoted as 37 points. But because of the fact that point value for copper is 2.5 every point change gives $2.5 profit/loss,
so in this example profit/loss for the day would be 2.5 * 37 = $92.50.

You can also set it from the formula level using PointValue reserved variable, for example:

  PointValue = 2.5;

Note: When you load old database AmiBroker presets point value field to 1 and assumes that by default 1 point represents one dollar
so one dollar change gives one dollar profit/loss. This is done to ensure that you get correct results even if you (by mistake) run
futures mode test on stocks."



So just set PointValue to 1000.



Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: "nkis22" <nkishor@xxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 08, 2003 8:55 AM
Subject: [amibroker] System Testing on EURO - forex??


> How do I tell AB that .01 in EURO=$10.
>
> tia
>
> nand
>
>
>
>
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