Slippage interms of percentage instead of dollar

Questions about MultiCharts and user contributed studies.
Sureshkumar
Slippage interms of percentage instead of dollar

Postby Sureshkumar » 07 Aug 2006

Can you provide the slippage setting interms of percentages(%) instead of dollar or providing option for these two(% and dollar).

Thanks

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Stanley Miller
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Postby Stanley Miller » 07 Aug 2006

Percentages of what?

SureshKumar

Postby SureshKumar » 08 Aug 2006

Percentage of entryprice and exit price

After a trade completion on backtesting
Assume the quantity (number of shares) is 100

My Long entry price(buying price) is 200.00
My Long exit price (sellign price) is 300.00

Dollar wise slippage is (30) input setting on multichart (current setting)

then the netprofit od the trade is

(300*100)-(200*100)=1000-30=970

But I need a slippage setting interms of percentage

% wise slippage is (.03%) input setting on multichart (required setting)

(3000-(3000*.3%))-(2000+(2000*.3%))

So that my net profit is now

2991-2006=985

Kindly cosider this issue

This setting is mostly useful to all Technical analysis Researchers


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