MIH8
- ago
Another awkward question. I would like to create a forex strategy and learn more about this area of trading. Is there a sample strategy in WL in this regard?

Well, at this point it is important to me to create a WL setup and for someone to point out the important settings. Especially the differences in the settings for backtesting and trading compared to stocks.

Thank you very much already.
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MIH8
- ago
#1
Maybe some more concrete questions will give you an idea what i am unsure about.

1. Do i need to configure the market explicitly?
2. What do i need to know about trading hours settings. 00:00 o'clock referes to which time zone?
3. The equity is currency neutral. What does it mean if i trade EURUSD with WL for example. Does the equity belong to the base currency? If so, if my equity is 10K and i sell 4K, does this mean i own 6K Euro and 4K US Dollar.
4. If I backtest/handle several currencies at the same time, how does that work with a single-currency (neutral) equity?

Maybe these questions can help to push me in the right direction.
You certeinly know different points i should care about, which ones?
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