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#87778

@ GraHal

Yes that’s required 3 boxes or just inputting a number of times and spreads. I have asked IG in the past whether they have historical data about the spreads and importantly when they change (i.e. Volatile times) and their answer was ‘no’. I mean again, why is this info not recorded by them ? Its highly relevant when BT’ing. If the spread suddenly jumps from say 8 pts OOH’s to say 30 pts (like on the gbp/jpy pair the other day) I need to know about that – otherwise BT does not tell me that I got ‘pulled’ into a trade because of that very large spread at that time OR indeed my Algo got rejected by them as the pending order was ‘too close’.

What is REALLY needed here is for IG and the like to post ALL spread data for all instruments for people to view at any time, so if the spread between 1.30am and 1.55am goes to 35pts we KNOW about that. What you should then be able to do is IMPORT this genuine live data into the PRT platform – you will now have absolutely TRUE spread data incorporated, and know that the BT results are 100% accurate for spread data – one of the most important variables. You could even know from  that BT data, the amount of times your Algo is ‘rejected’ by the broker, because for example your pending order is too close to the market price. Again this would be a very useful metric – as a lot of people, inc. me initially were not aware that a change in the market conditions would mean many times that your Algo was ‘rejected’ you then have to manually put it back ‘on’. This happened again on the GER 30 with IG the other night .

Oscar