Doubts about the Spread
Carlos Manuel Calderon
4 years ago #233236
Good afternoon, I have seen in your videos that to work with a pair of 5 digits like eurusd a spread of 3 micropips is used in both “Data manager” and in “Build Strategys / Settings / Data” … Then when I go to try some of the Strategies obtained with SQ in Meta Trader 4, I must configure the MT4 with a spread also of 3 micropips so that the strategy works and of results similar to those obtained in SQ … Therefore I have the doubt if the strategies obtained in SQ only works for spread of 3 micropips or they can also work for larger and more adjusted spreads to reality such as 3 or 5 pips (30 or 50 micropips)
no, the spread is in pips, doesn’t matter if you use 4 or 5 digit broker. So if you configure it to 3 (for example), it is 3 pips, not 3 micropips.
The data have their pip size defined in Data manager, so it is not dependent on number of digits the symbol uses.
As for the strategy spread sensitivity, you can use SQ built-in robustness test to verify how the strategy will behave when the spread varies on the real market
Gold spread is 60 by default in the program.
Does this mean that gold spreads are tick sized?
For example, in the broker where I take a back test, the spread is about 2.5 pips. Do I have to enter the spread in program 2.5or 25?
The spread setting is meant to represent number of pips so if your broker has 2.5 you set the same value
its a question of how the data are set – if gold as default is using for piptick size and step 0.01/0.01, it means that spread will be 60, because this setting for piptick size is not in pips, but in ticks
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Hi dear friends,
I really need your help. I mixed up. what is 60 in default? Is it based on ticks? my broker spread for gold which is between 40-50 points or 4-5 pips. Is it ok or not to make the strategy? Thanks. please reply me as I really need your guidance. God bless you
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