Comments on: AmiBroker for FOREX http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/ Providing you with tips & tricks for everyday AmiBroker use Thu, 30 Oct 2008 02:01:51 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: I do not trade FOREX but some info http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/comment-page-1/#comment-1422 I do not trade FOREX but some info Sat, 16 Jun 2007 04:11:32 +0000 http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/#comment-1422 [...] market. They show a basic application with a set-up, as an example of trading currency pairs. AmiBroker Knowledge Base » AmiBroker for FOREX Take a look if you want or have time, like I said very basic but it will give you and idea of how [...]

]]> By: Tomasz Janeczko http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/comment-page-1/#comment-443 Tomasz Janeczko Fri, 26 Jan 2007 19:54:16 +0000 http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/#comment-443 AmiBroker first converts appropriate amount of funds from base currency (in your example AUD) to required currency (JPY) at the time of ENTRY using ENTRY day FX RATE. Appropriate amount in AUD is subtracted from cash. Then at the end of trade it converts back JPY to AUD using EXIT day FX RATE. And profit is returned in base currency (back to cash). So TWO different FX rates are used (one for entry and one for exit). Point value is in the symbols' currency. Multiplier practically is for JPY only because Yens are quoted in hundreds against USD and other currencies. AmiBroker first converts appropriate amount of funds from base currency (in your example AUD) to required currency (JPY) at the time of ENTRY using ENTRY day FX RATE.
Appropriate amount in AUD is subtracted from cash.

Then at the end of trade it converts back JPY to AUD using EXIT day FX RATE. And profit is returned in base currency (back to cash).

So TWO different FX rates are used (one for entry and one for exit).

Point value is in the symbols’ currency. Multiplier practically is for JPY only because Yens are quoted in hundreds against USD and other currencies.

]]> By: Grant Noble http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/comment-page-1/#comment-67 Grant Noble Thu, 10 Aug 2006 01:31:51 +0000 http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/#comment-67 How is Position Value calculated for non-base currency ? For example, base currency AUD and trading EURJPY. This assumes: a)Symbol information/Currency for EURJPY is JPY, b) JPY/AUDJPY/inverse in Prefs/Currencies and c) AUDJPY exists in database Further, what additional caculations perform rate-to-base conversions once profit is calculated ? For example, profit in Yen (for EURJPY) back to AUD base ? Can you confirm that Point value will (in effect) be the same for any currency, ie. EURUSD 10$ / 0.0001 = 100000 EURJPY 1000Y / 0.01 = 100000 What exactly does multipler do in Prefs/Currencies? How is Position Value calculated for non-base currency ? For example, base currency AUD and trading EURJPY. This assumes: a)Symbol information/Currency for EURJPY is JPY, b) JPY/AUDJPY/inverse in Prefs/Currencies and c) AUDJPY exists in database

Further, what additional caculations perform rate-to-base conversions once profit is calculated ? For example, profit in Yen (for EURJPY) back to AUD base ?

Can you confirm that Point value will (in effect) be the same for any currency, ie.
EURUSD 10$ / 0.0001 = 100000
EURJPY 1000Y / 0.01 = 100000

What exactly does multipler do in Prefs/Currencies?

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