EA Forex Academy – Algorithmic & Manual Trading Courses › Forums › Forex Trading Forum › Swap Long and Swap Short Keeps Changing
- June 22, 2020 at 7:11 #51546Faraz FazletParticipant
Hi Petko and Group Members,
I’m sure you would have noticed that the Swap Short and Long keeps changing every 1-2 weeks. However, I don’t see it affecting the EAs as they still keep profiting. I would like to know based on your experience, if these changes will affect the EAs in the long-term?
Since we use the Historial Data App and edit the Symbol Settings as per the currency specifications. So when these keep changing, do you think they might have an adverse effect on our EAs?
Kindly advise. Thank you and have a great day ahead.June 22, 2020 at 11:41 #51564Petko AleksandrovKeymaster
Yes, the brokers regularly change the swaps depending on where the price goes. If it goes up, they will increase the swap for long positions and vice versa.
Anyway, I don’t pay attention to that. As you know, I use M15 and H1, and the trades usually get closed within the same day or the next few days, so the swap is not a big deal. Of course, if you use a regulated broker with standard swaps.
You can follow the swaps and change them from time to time, but I wouldn’t lose time with that.June 22, 2020 at 14:27 #51577Faraz FazletParticipant
That’s great. Thanks a lot for clearing it out. Appreciate it a lot.
Have a great week ahead.
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