Re: [amibroker] Setting Commissions correctly for FOREX

[Grant Noble <gruntus@xxxxxxxxxxx>]

1 contract is 1 contract irrespective of lot size.
You need to use PointValue to take lot size into account.
PointValue is defined in the KB article [http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/].
I haven't had any joy getting sensible backtest results for Forex though
(unless I restrict testing to pairs denominated in base currency)
GRANT

dralexchambers wrote:
> Hi,
> 
> My FOREX broker charges $5 per $100,000 traded - ie. 1 lot.
> 
> Am I correct in thinking that on the backtester, 1 contract is the same as 1 lot? Or is it a
> minilot?
> 
> So, if it is 1 lot, I would use:
> 
> SetOption( "CommissionMode", 2 ); /* set commissions AND costs as $ per trade */ SetOption(
> "CommissionAmount", 5); /* commissions AND cost */
> 
> 
> Thanks - alex
> 
> 
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com
> 
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: 
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> 
> 


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