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Subject: Does slippage setting is functional pls?

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trending617
Posts:19

06-16-2008 2:01 PM	Alert
I did forex test with slippage setting, but unfortunately I did not see it was execuated. My question is :1) slippage setting is really functional or NOT? 2) If it is, how to set it properly? Thank you for your time.

murray
Posts:431

06-16-2008 7:27 PM	Alert
I changed in the control panel slippage from 0 to $10.00 per trade and it effected profit correctly. , it is functional. Try changing it using the built in session Forex test. In addition when you set up the data universe you can set up a spread which is in effect slippage. The thread is assigned in pips.

trending617
Posts:19

06-16-2008 7:54 PM	Alert
Hi, Murray, Thank you for help. In my opinion, spread and slippage are different. How to set both correctly? I am only trading forex, so the availble 2 tradeplans are too less foe me. Is there any way to use 3 money management plan like: the fixed risk strategy,percent margin strategy,one unit strategy? Is there other msg strategy like this: start with fixed dollar risk, and when equity go up to some extent, start trading more lots with same fixed dollar per lot. I am newbie to any backtesting software, and have no programming experience, your patient and help is greatly appreciated.

trending617
Posts:19

06-16-2008 8:23 PM	Alert
one more question: What does channel breakout_exit mean? Thanks.

murray
Posts:431

06-16-2008 9:51 PM	Alert
It's a simple channel breakout system which exits trades and is not just stop and reverse.

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