Spread

[rastotrader]

Hi all,
The backtest I found that SetProfitTarget does not spread, how to resolve this issue in FX markets?Thank you for your answer.

[NinjaTrader_Bertrand]

rastotrader, welcome to the forums! Correct this is expected for backtesting (using the bid price), in realtime forward testing you would see the current bid / ask used - just include then the spread as slippage in your backtesting settings to gauge system quality then.

[rastotrader]

Bertrand thank you for the welcome, your answer is not good for me. When I use the sleep, the result will be correct?. How then Set.Profit.Target kept in reeal market, profit calculated price plus profit, or net profit?

[NinjaTrader_JoshP]

rastotrader,

Unfortunately I don't quite understand your question. When you add slippage, the idea is to mimic the spread in backtesting.

[rastotrader]

I understand that the sleep model before the backtest. I wonder how Set.Profit.Target actually works. Calculating the real difference between profit or Average.Price + ProfitTarget only.

[NinjaTrader_JoshP]

Sorry I am still not quite following you. SetProfitTarget() works by adding to your average entry price whatever target amount you defined out. If you wanted a 10% target, you get 10% on top of your entry price. If you wanted 10 tick target, you get 10 ticks on top.