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I'm in the process of coding my strategy in EL so that I can backtest/automate it.
I'm wondering how I need to go about entering a forex position with one lot size (100000) on the open of a bar.
Would it look something like this:
Buy ("EnterLong") 1 lot next bar at market;
or am I looking at it wrong? It's not a contract, is it...? I'm stumped.
@swz168 implied it but this is something to be checked with your broker.
For instance, with LMAX, a size of 100,000 corresponds to 10 contracts (to be checked).
It is advised to check this carefully in SIM before going live with real money.
Nicolas
Last edited by Nicolas11; September 16th, 2012 at 03:58 AM.
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