Programmers, I need clarification and ideas on spread

Jan 26, 2017 at 01:34
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6 Replies
Členem od Jun 07, 2015   90 příspěvků
Jan 26, 2017 at 01:34
I am currently working on a ea that is a scalping strategy . It is performing decently well on EUR/USD and I am realizing it is because the spread is relatively low ( or the lowest at any given time ). The strategy will work super well on any other instrument as long as I set the spread really low, but the average spread it than performs horrible.
So , I tried adding the spread to the stops, but no good. What could I be missing? Or am I at a impasse?

Thanks in advance
Everything in the market is like a fart, if you have to force it, it is probably shit
Členem od Apr 25, 2012   285 příspěvků
Jan 26, 2017 at 06:02
I tried adding the spread to the stops..

Increase it a bit more than just spread give it few pips more, if your strategy works well it will continue to do so.
Členem od Jun 07, 2015   90 příspěvků
Jan 26, 2017 at 07:10
Thank you.

I did add the spread to the stops, and just now tried adding a bit more just in case. I have messed around with it quite a bit to see if I could figure out why the spread is affecting it so much.
So far, it will only work in one instrument, the EUR/USD , while the others will only work if the spread is a below average, which is actually the norm for the EUR/USD.

Maybe this strategy is only valid in one instrument? that can't be right, right?
Everything in the market is like a fart, if you have to force it, it is probably shit
Členem od Apr 25, 2012   285 příspěvků
Jan 26, 2017 at 07:26
Yes its possible.
Členem od Jun 07, 2015   90 příspěvků
Jan 26, 2017 at 13:56
Thank you :)
Everything in the market is like a fart, if you have to force it, it is probably shit
Členem od Jan 06, 2017   3 příspěvků
Jan 29, 2017 at 07:56
You might want to look at USDJPY. The average spread from IC Markets on my live ECN account is 0.5 pips, but they take 0.07$ / micro lot. I still prefer paying commission since it gives me the option to include / exclude it from my profit targets.
cccpkgb@
benchmarkpro
forex_trader_367321
Členem od Oct 08, 2016   58 příspěvků
Feb 07, 2017 at 12:41
I worked on this spread problem/phenomenom for many years before the solution found out.
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