Hi there,
I pretty much summed it up in the title and am pretty sure that there is no such function, but is there?
It would be nice to have a PRT function that represents the current spread that you’re paying with IG market..
(if there is none, maybe a feature for the next version?)
Thanks for the replies,
Cheers!
Albaran wrote: current spread that you’re paying with IG market.
Highly unlikely ever to be available due to spread changes multiple times per day, e.g. on Forex.
Add the Indicator – Bid-Ask band – to your Chart and select EUR/USD and 5 second TF and you will see spread changes.
Even with Indices, spread generally changes 3 times over the course of 24 hours, sometimes more times during times of high volatility.
What most of us do is add a spread value in the backtest settings to give a ‘near worst case’ + a bit. For example, I add spread = 4 on DJI. Whereas during market hours, spread on DJI is … mmm, used to be 2.4, but I think it’s higher now, best I go back to DJI spread setting = 5.
ok that’s what I thought, just wanted to make sure tho..