Hi All,

I just noticed this thread about spreads, and yet I have never heard anyone mention here that on PRT when you are back-testing you do not have the ability to input different spreads for different times of the day. For example with IG, the biggest broker around (and the other brokers), on the DAX (and all the instruments) you have 3 spreads typically throughout the day, a spread of 1 pt at 8am – 4.30 pm (UK time) and then 2pts and then 5 pts after 9pm.  If whilst BT’ing you cannot input this info all you get is inaccurate BT results which is frankly shocking. Yes you could put in an ‘average’ spread but again this is actually totally wrong – as when in the real market the spread is not at that ‘average’ ! You therefore get incorrect BT data, by inputting an ‘average’ figure.

Oscar / UK