Is the spread field in the strategy tester in pips or fractional pips? I can't find it in the documentation. For instance, on a pair with 5 digits should that parameter be set to 1.6 or 16 if you want to simulate a spread of 1.6 pips?
Good idea! And it turns out that it is in fractional pips. So if you want to simulate a 1.6 pips spread on a 5 digit pair, you have to enter it in as 16. If you enter 0 it seems to do the same as selecting "Current".
This pretty much ruined my mood by the way because I thought I had a perfect new EA with a lot of potential. But unfortunately I tested it with a 0.2 pip spread instead of the assumed 2 pips spread... :-(
Burgie said: "This pretty much ruined my mood by the way because I thought I had a perfect new EA with a lot of potential. But unfortunately I tested it with a 0.2 pip spread instead of the assumed 2 pips spread... :-( "
Same for me, yesterday, Burgie; tested this scalper EA to take profit at 2.5 pips, with a stop of 7.5 pips. It kinda made like 4700% profit over 4 years. For years I've assumed the spread in the MT4 Strategy Tester to show 2 pips (default), after all, who would think it's normal for most brokers to offer 0.2 pips spread, right. Well, I should have known one can not put anything past metaquotes, because they have no idea what trading is about (or maybe they know all too well). Bet ya, we're not the only ones who got tricked into wondering why those few wonderful EA's don't perform well in live trading at all ;-)
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