I know that last price is used on backtest results, but what is the point of having separate Ask and Bid price based options in NT7?
why can't you execute Long orders at ask price and short at bid prices by default that would give accurate results or atleast let user define the spread so on execution of 100k EURUSD the PnL would go to -10 if spread of 1 was defined
The problem is if I go long 100,000 EURUSD in real market with spread of 1pip the order PnL on execution will be -10 straight away, becuase executed at Ask, right!
but in backtest if I do the same I get PnL 0 on execution, becuase executed at last price, right?
in frequent trading strategy this would add up
So how can I make sure that my strategy orders gets executed at Ask and Bid prices on baktest?
Comment