Slippage interms of percentage instead of dollar
Posted: Aug 07 2006
by Sureshkumar
Can you provide the slippage setting interms of percentages(%) instead of dollar or providing option for these two(% and dollar).
Thanks
Posted: Aug 08 2006
by SureshKumar
Percentage of entryprice and exit price
After a trade completion on backtesting
Assume the quantity (number of shares) is 100
My Long entry price(buying price) is 200.00
My Long exit price (sellign price) is 300.00
Dollar wise slippage is (30) input setting on multichart (current setting)
then the netprofit od the trade is
(300*100)-(200*100)=1000-30=970
But I need a slippage setting interms of percentage
% wise slippage is (.03%) input setting on multichart (required setting)
(3000-(3000*.3%))-(2000+(2000*.3%))
So that my net profit is now
2991-2006=985
Kindly cosider this issue
This setting is mostly useful to all Technical analysis Researchers