Topic: correct setting for gold

what is the correct values when adding gold in instrument editor?

because the default is weird.  no strategy shows up when generating

i did some try but not sure if they are correct

please correct me if i was wrong

symbol: XAUUSD
comment : XAU vs USD
digits : 2
point value : 0.01
Lot size : 1000

many thanks

Re: correct setting for gold

special_a_elite_class wrote:

what is the correct values when adding gold in instrument editor?

because the default is weird.  no strategy shows up when generating

i did some try but not sure if they are correct

please correct me if i was wrong

symbol: XAUUSD
comment : XAU vs USD
digits : 2
point value : 0.01
Lot size : 1000

many thanks

What symbol type did you use?

3 (edited by special_a_elite_class 2013-10-16 12:39:12)

Re: correct setting for gold

togr wrote:

What symbol type did you use?



forex

Re: correct setting for gold

special_a_elite_class wrote:
togr wrote:

What symbol type did you use?



forex

That is wrong.
Gold is not forex

Re: correct setting for gold

togr wrote:
special_a_elite_class wrote:
togr wrote:

What symbol type did you use?



forex

That is wrong.
Gold is not forex

Some brokers treat it as forex and some treat it as CFD....... have to check the properties of each

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: correct setting for gold

togr wrote:

What symbol type did you use?

Actually there is no difference in backtesting for "Forex", "Index" and "CFD".
I put these options for eventual future compatibility.
FSB manages all these three categories in the same way (for now).

If it happens to change something in the backtest in the future, I'll announce it properly.

No plans for changing the backtest methods in FSB Pro also.

Re: correct setting for gold

so...... how many "Lot size" is correct for gold?  100 or 1000?

Re: correct setting for gold

special_a_elite_class wrote:

so...... how many "Lot size" is correct for gold?  100 or 1000?

Would it be possible for you to learn about FSB by doing some experimenting... you can easily see what happens with the calculations as you make different entries....

Experimentation will help you to quickly learn as to how the program works.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....