No one is anwering; so yes; from what i have seen, some modeling of the swap is included.....
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I noticed that when running my EA in visual mode and a rare instance of even hedging occurs (perhaps 2 buys and 2 sells), the equity will still 'bleed'.
Have you installed a formula to emulate daily swap rates charged by the broker? This is the only thing I can think of that explains current behavior.
FxN