Spread for Test
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What's the best spread value to use for backtest on MT4 broker terminal ?
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This depends on broker and asset
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am using Exness and their terminal spread is 10 by default, when I reduce it i get a better result but I dont know if the spread value is in pips or points.
What's your thought on this?
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On MT you can select smaller, depends on what is shown on live chart. You can also use current.
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@jstap would have preferred current but I test at mid-night too - spreads are high at that time.
Their EU spread is 0.8pips, but on their terminal you see default as 10.
I dont know if its in pips or points
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You can set to 0.8, if defaults to 10, set back to 0.8
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@jstap okay, thanks for the heads up.