- ago
Dear all, I am encountering a problem in checking some results. In the following backtest, the commission used was zero. Initial capital 200, margin factor 500.

After the first operation, I should have equity of 210.39, correct? But upon checking the curve, I see it is at 210.24. The same happens after the second operation. Where am I going wrong in the calculation?



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- ago
#1
Re: Margin Factor 500. Why wouldn't you configure the Forex symbol in Tools > Markets & Symbols > Symbols with a specific margin value?
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Cone8
 ( 5.88% )
- ago
#2
@Eugene, futures margin isn't a factor here because this is apparently set up as a cash trade only. That said, I don't understand why anyone would use a non-futures margin factor of 500 for any hypothetical backtest. (I don't even care, because it's not a factor here.)

QUOTE:
Where am I going wrong in the calculation?
Insufficient information, so we just have to guess.
My first guess is that Margin Loan rate is non-zero in the Backtest Preferences.
My second guess is that you're not using the actual data at full precision in the calculation, and instead relying on the displayed, rounded numbers.
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- ago
#3
Yes, it was the margin loan, and I'm doing this to simulate leverage. Is there a better way to do this? Thank you very much for the help.
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Cone8
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- ago
#4
You're simulating it correctly, it's just that I've never heard of Forex leverage greater than 100:1, and usually it's more like 40:1.

Who's your forex broker?
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- ago
#5
Pepperstone.
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