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Date/Time: Fri, 10 May 2024 18:37:51 +0000



Forex and tick size

View Count: 527

[2021-02-19 10:00:38]
BenjFlame - Posts: 305
Hi,
when I set EURUSD chart setting tick size (and price display format) to 0.0001 instead of 0.00001, it still display chart with increment of 0.00001 instead of 0.0001.

Why is that? I would have expected that each tick on the chart itself would be 0.0001.
[2021-02-19 15:52:09]
John - SC Support - Posts: 31531
Tick size and the number of digits to display are controlled separately. Refer to the following setting:
Chart Settings: Price Display Format (Chart >> Chart Settings >> Symbol >> Symbol Settings menu)
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-19 16:39:20]
BenjFlame - Posts: 305
But why when I set tick size to 0.0001 (3 zeros), does the chart still increments in 0.00001 (4 zeros) tick?
[2021-02-19 17:23:53]
John - SC Support - Posts: 31531
That means that the actual data from the exchange is at 4 zeros.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-19 17:54:13]
BenjFlame - Posts: 305
Certainly, but I was expecting I could enforce a zero less. So that is not possible?
[2021-02-19 18:23:48]
John - SC Support - Posts: 31531
If you only want to see the 3 zeros, then you need to change the Price Display Format.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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