Commissions Calculation on Binance
Posted: Feb 20 2021
Hi,
I've set up a portfolio trading on binance. I'm trading spot using AA mode. This is all good but when I take a trade the amount of contracts on my portfolio shown in multicharts is offset compared the binance. This is due to the commissions calculated. Binance calculates commissions differently, for example;
I send a market order to buy 1 btc. - multicharts shows I've bought 1 btc - binance shows I've bought 0.999 btc.
This wouldn't be an issue only that when I close my position, multicharts will send an order to sell 1 btc when in reality I only have 0.999 btc. This will result in an error.
Is there a way to set up the commissions so that the position size includes the subtracted commission?
I'm trying to do a work around in my strategy script but can't think of a way that doesn't alter the backtesting.
Any suggestions would be appreciated.
I've set up a portfolio trading on binance. I'm trading spot using AA mode. This is all good but when I take a trade the amount of contracts on my portfolio shown in multicharts is offset compared the binance. This is due to the commissions calculated. Binance calculates commissions differently, for example;
I send a market order to buy 1 btc. - multicharts shows I've bought 1 btc - binance shows I've bought 0.999 btc.
This wouldn't be an issue only that when I close my position, multicharts will send an order to sell 1 btc when in reality I only have 0.999 btc. This will result in an error.
Is there a way to set up the commissions so that the position size includes the subtracted commission?
I'm trying to do a work around in my strategy script but can't think of a way that doesn't alter the backtesting.
Any suggestions would be appreciated.