Hello,

I'm in the process of coding my strategy in EL so that I can backtest/automate it.
I'm wondering how I need to go about entering a forex position with one lot size (100000) on the open of a bar.

Would it look something like this:

Buy ("EnterLong") 1 lot next bar at market;

or am I looking at it wrong? It's not a contract, is it...? I'm stumped.

Arich 

Hello, I'm in the process of coding my strategy in EL so that I can backtest/automate it. I'm wondering how I need to go about entering a forex position with one lot size (100000) on the open of a bar. Would it look something like this: Buy ("EnterLong") 1 lot next bar at market; or am I looking at it wrong? It's not a contract, is it...? I'm stumped.

With MB Trading:

Buy ("EnterLong") 100000 Contract Next Bar Market;

Checkout the Wiki: MultiCharts

Hi,

@swz168 implied it but this is something to be checked with your broker.
For instance, with LMAX, a size of 100,000 corresponds to 10 contracts (to be checked).
It is advised to check this carefully in SIM before going live with real money.

Nicolas