When developing a EA, is it better to use "Enter at Trade on Open Bar" or " Tick Data"
i understand both are using different ways to trade while even the S/L, P/T and indicators can be all same.
Anyone can enlighten me on this ?
Hi Kelvin, it depends on your strategy ...
If it's a scalping strategy it's better to trade based on every tick. However, if you're talking about swing trading or even some low-frequency day-trading strategies, than it's a good to trade on a "new bar" basis.