What is an EA with spread resistance?
I am the Reiwa Double-Eye, the EA developer.
Today’s topic is the EA spread resistance.
Basically, there is a spread in FX
(like a fee and a cost)
, so you need to be careful about EA spread resistance.
Moreover
there are accounts where an external commission is deducted per trade.
(such as FXTF)
First, as a basic concept,
For example
In a USD/JPY backtest
the configured spread is 15 (1.5 pips),
with 0.1 lots, if the expected profit is 200 yen
it becomes 2 pips.
In other words,
1.5 + 2.0 = 3.5 pips
this is the break-even point.
However,
during the morning or at the time of major economic indicators,
spreads may widen,
and can vary within a day.
Morning scalping EAs are more susceptible.
Conversely, anomaly-type EAs have trades at fixed times,
and if you enter or exit at times when spreads do not widen,
the impact of spreads is less.
So,
it also depends on the type of EA.
If possible,
try backtesting with a variable spread using TDS (Tick Data Suite)!
Or,
depending on the sales page,
the EA developer themselves may have backtested with TDS variable spreads,
or GoGoJungle may have backtested it,
and so on, which you may find.
Well then!
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