Support Board
Date/Time: Sat, 05 Jul 2025 05:52:42 +0000
Lmax/Sierra instrument information
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| [2017-10-30 20:04:47] |
| grantx - Posts: 244 |
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Sierra is configured as follows for Gold spot (XAUUSD) using LMAX LIVE DTC: Tick value = $ 0.05 Tick size= 0.05 But the instrument information from LMAX: Tick value = $ 0.10 Tick size= 0.01 So lets say gold moves +100 ticks: 1276.00 - 1277.00. According to the LMAX that would be a $10 change in price on 1 contract. But, according to the Sierra that would be a $1 change in price on 1 contract. Why is Sierra configuration different to Lmax? Date Time Of Last Edit: 2017-10-30 22:44:35
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| [2017-10-31 02:50:32] |
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This is because a quantity of 10 in Sierra Chart is equivalent to a quantity of 1.0 in LMAX. This is why you see that the Currency Value per Tick in this case is equal to the Tick Size. We will update the documentation to explain this. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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