Wrong BE + add PIPs ?
4 replies
Csaba
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?
hankeys
4 years ago #242512
are you using spread 2 pips?
you know how the commisions work?
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Csaba
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?
hankeys
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)
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tomas262
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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