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Date/Time: Sun, 22 Dec 2024 05:41:34 +0000



Post From: About the spread used in Replay

[2015-03-23 20:46:00]
Auspicatum - Posts: 46
Hello ! (*please get back to me soon so I can continue testing ! )(you can probably just skip to the 2nd part down there).

I have been using the Replay function in order to test the methods I'm currently working on.
This is on Forex, pair of AUDUSD.
What I am trying to figure out is how, or if, a spread is factored into these trades automatically.

(It seems to me like there is, but it's far too small to be practical... please read below !)

Could you please tell me how this works, and how I can verify that the spread is being included in my testing? Am I able to change it, or is it something that is automatically calculated and included by the software? ?


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.....Now that I look at it closer(and I pause the replay so I can see the
exact price),...it seems like when I "buy",that it fills at about 5pips difference from the current price on the chart. (out to the 5th decimal place I mean)(0.00005 is how much of a change I see between the fill price and the current price on the chart). ***But isn't that very small? Aren't spreads for this symbol more like 0.00020 ? Isn't that 20 pips or so ? So my question is now...why doesn't it show something more like 0.00020 for the spread? Does my logic seem correct there? Is my math and everything correct? or ??



*****I reviewed and compared to some other websites such as "Oanda"....and their current Bid and Ask look something more like 0.78741 for the Bid and 0.78772 for the Ask. (So that's a spread of about 0.00031 ) So that is what I'm used to seeing.(and a similar spread at many other brokers also). When I look at the Time and Sales window in Sierra Charts I see (historical) buy and sell data of, 0.87524 for Bid and 0.87529 for Ask. Again.... that's only 0.00005 for the spread, instead of something more like .00020 to .00035. So, has all my testing been in vein? Do I need to go back and recalculate everything? In other words.... what is the spread for historical testing? where do I find it? And if it is only 0.00005 then, why is it that low??

Thanks very much for an answer as soon as possible. Have a great day !
Date Time Of Last Edit: 2015-03-23 22:16:50