If I well understand being pip_cost < 1 it substract 12% from returns because this is the cost per transaction. So the pip cost would be ( 1 - pip_cost ). Is it rigth?
second question: how should be interpreted a return of 10 in a given year ?
the capital invested is unclear so I am a little uncertain about this point.
Hello,
thanks for this job first of all. I would just like to have more info about this point in EMA:
returns += (row['difference (pips)'] pip_cost lot_size)
If I well understand being pip_cost < 1 it substract 12% from returns because this is the cost per transaction. So the pip cost would be ( 1 - pip_cost ). Is it rigth?
second question: how should be interpreted a return of 10 in a given year ? the capital invested is unclear so I am a little uncertain about this point.
Thank you for any help