Topic: Tips for the newbis
Strategy Builder:
- You can connect any demo strategy to account on which You want to test Your future strategy and see in the Strategy Trader all the information You need to enter in You builder like : swap long swap short, digit account etc.
- You need to check if broker is not changing leverage based on the balance ex. when balance get over 5000EUR leverage changes from 1:500 to 1:200 and strategy may fail.
- look at the MAX NUMBER OF OPENING AND CLOSING LOGIC CONDITION, may not look at it and from 8 only 3 indicators will work.
- slippage on backtest is very important and on strategy trader too. If You think operation will always open ex 5point later then it should test is fail.
- SPREAD SPREAD SPREAD and one more time check SPREAD : )
- auto control of use previous bar should be on
- change account currency, look at test results and think about that stuff
- read forum and watch out for bug indicators.
- try strategies on demo before live account
- ( If You think that system is right but tester is failin try to make strategy that should work and use the program not for test just for trade and see live test result )
any other tips and tricks write in this topic.