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Date/Time: Thu, 02 May 2024 10:42:26 +0000



Question about tick sizes

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[2017-08-03 06:10:40]
Sporken - Posts: 82
Hi, maybe this is something simple, but I'm a little confused.

I noticed that the Global symbol settings for GBPNZD (British Pound/New Zealand Dollar) show the "Tick Size" = 0.0001
But, on screen, I see price fluctuations of the Bid and Ask at 0.00001 resolution.

I recorded my screen to be certain and when I replay the video back I see a Bid price change from 0.78776 to 0.78775. For example.

My live prices come from SCData.

When I look on BarChart.com I see the same, 0.00001 resolution. I think this is where the SCData comes from.
https://www.barchart.com/forex/quotes/%5EGBPNZD/overview

Are the Global Symbol Settings correct? I assumed the tick size would correspond with the minimum price fluctuation I see on the Bid and Ask prices.
[2017-08-03 06:29:48]
Sierra Chart Engineering - Posts: 104368
A tick size of .00001 is too small and creates all kinds of performance problems with certain types of studies. It generally leads to huge problems for the user and support problems for us and a poor impression of Sierra Chart.

You can do what you want on your side but the default will remain. If anything it should increase.
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: 2017-08-03 06:30:17
[2017-08-03 06:32:36]
Sporken - Posts: 82
Ah ok I never thought of that. no problem. Thanks for your help

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