Modeling of State of Account
The "Modeling of State of Account" page is designed to forecast the state of
account at a currency rate change. The page includes the "Modeling control"
form for specifying suggested (model) rates as well as two tables – "Open
positions for Forex trades" and "State of account"; data given in these tables
are calculated based on the test rate values.
It should be taken into account that modeling is impossible in the absence of
Functions of the modeling control fields
Instrument is the field for selecting an instrument for which a test
rate will be specified. The dropdown list contains the instruments for which
open positions are available.
Model rate is the field for entering a test rate for a given instrument.
After selecting an instrument, this field automatically displays a previously
entered test rate for this instrument or a current rate if no test rate was
previously entered. Entering 0 will reset the test rate for the selected
instrument during calculation and will replace it with a current rate.
Test rates are stored even after the end of a work session with the trading
system. As a result, you can work with the same model for a long time and
correct it if necessary.
Calculate saves an entered test rate and calculates the state of
account using this rate. If test rates for other instruments were previously
entered, they are also used in calculation.
Reset all cancels all model rates and changes to current rates. This
may be necessary for building a new model of the state of account from the very
beginning. Individual rates for separate instruments may also be canceled by
selecting an instrument, entering 0 in the "Model rate" field and pressing the
Description of the tables
The tables and the table content on this page are identical to the
"Open Positions" and
"State of Account"
reports, but data in these tables are calculated in accordance with the
specified model rates.
In the "Open positions (Forex deals)" table, changing the rate changes the
profit or loss on each position as well as the aggregate profit or loss on open
positions. This table also displays model rates used for modeling. If the model
rate differs from the current rate, it will be highlighted in bold.
The "State of Account" table displays the main indices which also may change if
a model rate of some currency against USD was entered, because the USD
equivalents of amounts are also calculated at a model rate.
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