StrategyProfit and Fees math

• 04/09/2023 at 11:47 AM #213048
  ZeroCafeine

  Hi Everyone,

  I used the search function but I can’t find an answer to my question which is normally quite simple, at least I hope so

  I would like to use the StrategyProfit function to stop my strategy if my capital falls by 10%, but if I understand correctly from the documentation this function does not take into account fees,

  IF StrategyProfit < - ((Capital/100)*10) Then Quit ENDIF

  1 2 3

  IF StrategyProfit <  - ((Capital/100)*10) Then Quit ENDIF

  Is there a simple solution to get the number of entries and exits in order to multiply this number by a spread fix? So I take the opportunity to ask the question: is it possible to know the Spread in real time on Forex for example?

  

  ZeroCafeine

  Participant

  Topics: 115

  Replies: 477

  Been thanked: 43 times
  04/12/2023 at 11:24 AM #213174
  ZeroCafeine

  I will answer myself when I find a good solution for count the exactly drawdown 😊

  

  ZeroCafeine

  Participant

  Topics: 115

  Replies: 477

  Been thanked: 43 times
  04/12/2023 at 1:20 PM #213186
  Nicolas

  If spread is 1.5 pips, then I think you can calculate the fee like this:

  spread = 1.5 fee = ((spread*pointvalue)*abs(countofposition))/pipsize

  1 2	spread = 1.5 fee = ((spread*pointvalue)*abs(countofposition))/pipsize

   

  1 user thanked author for this post.

  ZeroCafeine

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
  04/12/2023 at 1:25 PM #213187
  ZeroCafeine

  tks you, I will come back with a concentrate of all your answers on several posts, I keep your answer warm

  knew you If it’s possible to retrieve the value of the fees in real time, exemple for Forex pair ?

  

  ZeroCafeine

  Participant

  Topics: 115

  Replies: 477

  Been thanked: 43 times
• Author
  Posts