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Backtesting Z-systems with IB commissions #459879
06/09/16 19:36
06/09/16 19:36
Joined: Jan 2016
Posts: 122
V
Veratyr Offline OP
Member
Veratyr  Offline OP
Member
V

Joined: Jan 2016
Posts: 122
IB has a different way of calculating commissions to the other brokers due to its minimum.

Is there any way to backtest the Z-systems taking this into account? It would be helpful for me to be able to calculate the point at which an IB account makes sense.

Re: Backtesting Z-systems with IB commissions [Re: Veratyr] #459888
06/10/16 06:51
06/10/16 06:51
Joined: Jul 2000
Posts: 27,986
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,986
Frankfurt
Yes, but only with your own systems, since you must code complex commission methods in the script. The Z systems use linear commission only.

Except for the upcoming Z8, IB is not suited for a Z system.

Re: Backtesting Z-systems with IB commissions [Re: jcl] #459918
06/12/16 04:02
06/12/16 04:02
Joined: Jan 2016
Posts: 122
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Veratyr Offline OP
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Veratyr  Offline OP
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Joined: Jan 2016
Posts: 122
Quote:
Except for the upcoming Z8, IB is not suited for a Z system.


Do you mean IB the broker or IB the bridge? Why do you say that? I would've thought that with IB's access to liquidity and low commissions it'd be pretty good, at least with enough volume.

Re: Backtesting Z-systems with IB commissions [Re: Veratyr] #460040
06/14/16 07:41
06/14/16 07:41
Joined: Jul 2000
Posts: 27,986
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,986
Frankfurt
IB the broker. A bridge won't demand margin from you.

IB has good commissions, but bad leverage and lot amounts for Forex and CFDs. Most Z systems are designed for micro lot accounts and leverage in the 1:100 range.


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