commisions

[werido]

Hi,

How do I set $60 per trade (round turn) as the commission when running a backtest on a currency pair?

Thank you.

[NinjaTrader_Jason]

Hello werido,

Please see the link below how commissions can be setup in NinjaTrader.

http://www.ninjatrader-support.com/HelpGuideV6/CommissionTab.html

You can setup commissions in the Instrument Manager as well. These will override the commissions you have setup in the Options menu.

http://www.ninjatrader-support.com/HelpGuideV6/AddingCommissionRates.html

A minimum commission will apply commissions per side per order.

A commission level will apply commissions per side per contract/share.

You would need to enter a minimum commission of 30, so it will calculate a commission of $60 per order (round turn).

Once you setup commissions in either the Options menu or Instrument Manager, please make sure to enable 'Include commission' in the Backtest parameter window.

[werido]

Hi Jason,

Which broker do I use to set the commission if I'm only using it to run the strategy analyzer irrespective of broker? I put 30 in both fields under the broker I use and clicked true for include commission in the backtest but it's not working.
What's the difference between the "commission levels" field and "minimum commission" field?

Thanks.

[NinjaTrader_Jason]

You will need to setup commissions for 'Simulator'.

A minimum commission will apply commissions per side per order.

A commission level will apply commissions per side per contract/share.

[werido]

Thank you!

[werido]

HI,

I was trying to get a round turn commission to be $60 so I set minimum commission to $30, but I'm getting a weird outcome in the trades tab -- it's showing some round turn trades as $60 but some as $45 (see attached).
Where is this $45 comming from? Do I need to set "commision levels" somehow too to be getting only $60 for each round turn? What am I doing wrong?

Thanks.

[NinjaTrader_Jason]

Hello werido,

Can you please tell me if all trades refer to the same instrument. Or do trade #3 and 4 refer to a different instrument than trade #1, 2 and 5?

You can setup commission at two locations in NinjaTrader. Where did you setup the $60 round turn commission - the Options-->Commission-tab or in the Instrument Manager?

A minimum commission of $30 will calculate a commission of $60 per trade, so it is setup correcty.

[werido]

HI,

It's the same instrument. I set up commissions in instrument manager for only that instrument. I don't understand where $45 can possibly be coming from?

[NinjaTrader_Jason]

Unfortunately I am not sure why there is a difference either. Do you notice anything different about trade #3 and 4 compared to trade #1, 2 and 5? Could it be they were executed in a different account than the others?

Am I correct the screenshot is taken from the Strategy Analyzer?

Can you please check if you perhaps have commissions setup in the Instrument Manager. Please go to Tools-->Instrument Manager, highlight the instrument in question and click Edit. Select the Misc-tab and check if commissions are setup.

[werido]

They're all working on "backtest" account. I can't see any difference between them, any reason or logic or pattern. I'm attaching the screenshot of the setting in instrument manager. I then tried setting the whole currency-->simulator to $60 in the options-->commissions tab and that didn't change it either (I'm attaching a screenshot of that too).

[NinjaTrader_Jason]

Can you please tell me what happens if you run the same backtest again - does it still list commissions of $45?

Do you experience commission values of $45 when you backtest other strategies/instruments?

[werido]

It's the same, random $45. I tried it on another instrument....same thing.

[werido]

Although, I just tried it on another strategy and there's no $45 issue....

[werido]

I also did notice that all repeat commands in the strategy seem to be getting the $45 commission. The commands are repeated in the strategy but have different labels. But although all of those seem to get the $45 commissions, many others are too.

[NinjaTrader_Jason]

Am I correct that the SampleMACrossOver strategy only lists commissions of $60 if you backtest it?

Does the issue only occur for the strategy you backtested so far?

Unfortunately I am not very familiar with programming and not sure what is indicated by 'repeat commands'. However, as per your description it seems to cause the $45 commission.

I suggest to debug your strategy so commissions will be calculated as expected. You can find general debug information at the link below.

http://www.ninjatrader.com/support/forum/showthread.php?t=3418