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mrsiddle

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  1. I've got a question regarding calculating P/L for a given forex pair. When calculating floating P/L, you are given an amount in terms of the quote currency for a given pair. When converting this back into the base currency of the same pair, do you use the bid or ask price, and why? Algo related because I'm building a back tester and this is confusing me.
  2. I've got a question regarding calculating P/L for a given forex pair. When calculating floating P/L, you are given an amount in terms of the quote currency for a given pair. When converting this back into the base currency of the same pair, do you use the bid or ask price, and why? Algo related because I'm building a back tester and this is confusing me.
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