Any account type will work for that. The problem with SF accounts is that if you accrue too much negative swap, it's very likely the broker will consider it as malicious trading and close/tweak your account. Probably not worth it.
Thank you for this great video! After watching your video I went to MT5 and realized when you run a backtest on any symbol, the engine calculates the swaps according to their current values. Because even with the custom symbols there's no way to add historical swap rates! This can affect the historical performance of the strategies, making them look better on one side (longs or shorts). What are your thoughts on this?
@@TradingTact I mean when you download the OHLC data from a third party source (like Quant Data Manager or Tick Data Suite) and import them to MT5 as a custom symbol, to get a higher quality data compared with the one from your broker. I realized when you run a historical backtest in MT5, regardless of your data, the system is calculating the 2024 swap rates for a test performed on 2004.
Very informative video thanks for sharing
thank you
Also a question. could the swap free account be worthy for swing traders?
Any account type will work for that. The problem with SF accounts is that if you accrue too much negative swap, it's very likely the broker will consider it as malicious trading and close/tweak your account. Probably not worth it.
Thank you for this great video! After watching your video I went to MT5 and realized when you run a backtest on any symbol, the engine calculates the swaps according to their current values. Because even with the custom symbols there's no way to add historical swap rates!
This can affect the historical performance of the strategies, making them look better on one side (longs or shorts). What are your thoughts on this?
what do you mean by custom symbols?
@@TradingTact I mean when you download the OHLC data from a third party source (like Quant Data Manager or Tick Data Suite) and import them to MT5 as a custom symbol, to get a higher quality data compared with the one from your broker. I realized when you run a historical backtest in MT5, regardless of your data, the system is calculating the 2024 swap rates for a test performed on 2004.