Topic: What the "spread" setting actually does?
Hi all - can someone confirm what the "spread" setting actually does behind the scenes for me please?
I think Sleytus said it won't accept a signal if the spread is higher than the parameter value?
I assume that results in not opening a new position, as well as not closing an existing position (from a signal standpoint, but not SL or TP)?
Does that eliminate the need for custom spread protection code in my EA?
Just wanted to confirm those assumptions as I noticed with spread=40 on CADJPY in the latest exp. gen, it ascends less than a third of strategies than when spread is not enabled (just in the broker file). When I set spread=10, it pretty much has the same as no spread, but when I set it to 1000 it generates no strategies...so I’m not sure what it’s actually doing …