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Wrong BE + add PIPs ?

4 replies

Csaba

Customer, bbp_participant, community, sq-ultimate, 110 replies.

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4 years ago #242506

Hi!

I use ADD PIPS ( 2 pips ) at the strategy generation.
I use 6 USD / round lot comission.

Still I see losing trades. Why?

HERE YOU SEE THE ADD +2 PIPS

HERE THE LOSSES OF -0.12 USD FOR EXAMPLE. THESE TRADES WERE IN BREAKEVEN, AND THEY HAVE LOSS. STRANGE.

 

Any idea?

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hankeys

Customer, bbp_participant, community, sq-ultimate, 487 replies.

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4 years ago #242512

are you using spread 2 pips?

you know how the commisions work?

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Csaba

Customer, bbp_participant, community, sq-ultimate, 110 replies.

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4 years ago #242812

Hi!

I am using 1.5 pips at generating.
And I think, I know, how comissions work. Why do you ask?

So my theory:

– the add +2 PIPs mean for me, that my stop loss is in +20 points in my favour
– if the position WOULD BE 1 lot, than it would be 20 USD in my favour
– but the position is just 0.02 lot, therefore it is just +0.4 USD in my favour
– the comission (6 USD round) would be for 0.02 lots 0.12 USD

Therefore 0.4 USD – 0.12 USD = 0.28 USD

Am I wrong?

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hankeys

Customer, bbp_participant, community, sq-ultimate, 487 replies.

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4 years ago #242861

your theory is wrong:

commisions is 6 USD per 1 lot, so for 0.02 it will be 0.12 USD – thats true

2 pip move for EURUSD for 0.02 lots will be 0.2 USD

i am afraid that the spread is set for 2 (or there is some bug :)), because the trade ends with the same open price and close price – so the breakaven + 2 – 2 for spred is ZERO

because of that your BE trade with 2 pips added will end as -0.12 USD for 0.02 lots (-2 pips spread + 2 pips BE added – 0.12 USD for commision)

You want to be a profitable algotrader? We started using StrateQuant software in early 2014. For now we have a very big knowhow for building EAs for every possible types of markets. We share this knowhow, apps, tools and also all final strategies with real traders. If you want to join us, fill in the FORM.

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tomas262

Administrator, sq-ultimate, 2 replies.

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4 years ago #243023

For some reason seems the spread is not considered with SL move to BE. I will check with developers whether this is intentional

So currently only slippage and commission affect the resulting values

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