I am trying to work out what I am doing wrong in terms of position sizing futures contracts.
In reading the manual, it states that if I have the following settings, I will always be only trading one contract: NumContracts = 1; PositionSize = NumContracts * MarginDeposit; However this is not the case, as I believe it also depends on the exchange rate when trading non base currency futures. For example, when testing the Hang Seng, with the above settings, I always get 7 contracts. When I set the HKD to 1 instead of the current exchange rate, it then correctly sets the contract size to 1, but then the contract is then in US Dollars, which is not useful. Is there a way to position size correctly to 1 contract, whilst still correctly converting the results back into the base currency? (I assume the backtester reporting results are in the base currency?)
