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Date/Time: Wed, 08 May 2024 15:43:35 +0000



Post From: BitMEX DOM P&L Question

[2019-01-06 07:37:06]
Sierra Chart Engineering - Posts: 104368
This is from the BitMex documentation:

Note that all Bitcoin quantities are returned in Satoshis: 1 XBt (Satoshi) = 0.00000001 XBT (Bitcoin)

Therefore the correct currency value per tick is as follows:
0.000000005

We have now updated the Symbol Settings correctly.

Follow the instructions here to update the Symbol Settings:
Global Symbol Settings: Update Global Symbol Settings

After that follow these instructions for each chart for XBTUSD-BMEX:
Global Symbol Settings: Update/Apply Symbol Settings to Charts

So as you can see it is a very tiny value and you are going to need to trade considerably more of a quantity to have a gain or loss of 100 USD. But we recommend verifying our understanding before risking real money. But if we are wrong, we want someone to correct us on this, and explain why we are wrong.
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
Date Time Of Last Edit: 2019-01-06 07:46:19