Another awkward question. I would like to create a forex strategy and learn more about this area of trading. Is there a sample strategy in WL in this regard?
Well, at this point it is important to me to create a WL setup and for someone to point out the important settings. Especially the differences in the settings for backtesting and trading compared to stocks.
Thank you very much already.
Well, at this point it is important to me to create a WL setup and for someone to point out the important settings. Especially the differences in the settings for backtesting and trading compared to stocks.
Thank you very much already.
Rename
Maybe some more concrete questions will give you an idea what i am unsure about.
1. Do i need to configure the market explicitly?
2. What do i need to know about trading hours settings. 00:00 o'clock referes to which time zone?
3. The equity is currency neutral. What does it mean if i trade EURUSD with WL for example. Does the equity belong to the base currency? If so, if my equity is 10K and i sell 4K, does this mean i own 6K Euro and 4K US Dollar.
4. If I backtest/handle several currencies at the same time, how does that work with a single-currency (neutral) equity?
Maybe these questions can help to push me in the right direction.
You certeinly know different points i should care about, which ones?
1. Do i need to configure the market explicitly?
2. What do i need to know about trading hours settings. 00:00 o'clock referes to which time zone?
3. The equity is currency neutral. What does it mean if i trade EURUSD with WL for example. Does the equity belong to the base currency? If so, if my equity is 10K and i sell 4K, does this mean i own 6K Euro and 4K US Dollar.
4. If I backtest/handle several currencies at the same time, how does that work with a single-currency (neutral) equity?
Maybe these questions can help to push me in the right direction.
You certeinly know different points i should care about, which ones?
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