Hello Folks,
Just a question in regarding the used spread used by the MT4 strategy tester.
I did some strategy tests with MT4 connected to a Demo account. There is this well known UK broker which has different data for Demo and Life accounts (Micro, Mini, Classic).
On demo I always have 1.6 spread on EURUSD for example. This is NOT good for backtests, because in reality it's basically on pip more. Even ECN with maybe 1.6 spread will add their commission.
Does anybody know if and how I can set a certain spread for backtesting? I really would rather test with 3.0 pibs if in regular life it might be 2.5 or so, because this would to a point take into account possible slippage or a manipulation the bucket shops will do once in a while...
Any input anybody?
Thanks.
MikeFT
Just a question in regarding the used spread used by the MT4 strategy tester.
I did some strategy tests with MT4 connected to a Demo account. There is this well known UK broker which has different data for Demo and Life accounts (Micro, Mini, Classic).
On demo I always have 1.6 spread on EURUSD for example. This is NOT good for backtests, because in reality it's basically on pip more. Even ECN with maybe 1.6 spread will add their commission.
Does anybody know if and how I can set a certain spread for backtesting? I really would rather test with 3.0 pibs if in regular life it might be 2.5 or so, because this would to a point take into account possible slippage or a manipulation the bucket shops will do once in a while...
Any input anybody?
Thanks.
MikeFT