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Date/Time: Sun, 24 Nov 2024 10:42:40 +0000



Working with FXCM-listed Instruments

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[2024-06-14 01:17:57]
gambotage - Posts: 16
Hi there,

What are some general considerations to be aware of when working with currency pairs? The situation I'm running into is with price-denomination of a given product.

1. The attached screenshot shows a position of "10" which would be represented by 0.1 lot in the FX world, however PnL is running fractional to multiple orders of 10 for value. I've tried to increase the value per tick input to make it reflect something higher but when the changes are applied, nothing happens on the chart to reflect the change.

2. Also I notice the Tick Size value set to many times multiples of 5 of the underlying. I understand this design decision to make sense given the price granularity of some of the FX product (again, see pricing on screenshot). Not an issue really but an observation more than anything.

My main thing is to effect changes to price denomination so that it's accurate to what a typical broker would be giving for that product. Perhaps I'm missing something. Thanks for looking into this,
imageScreenshot 2024-06-13 at 9.06.51 PM.png / V - Attached On 2024-06-14 01:17:44 UTC - Size: 373.11 KB - 65 views
[2024-06-14 21:15:44]
Sierra_Chart Engineering - Posts: 17154
Refer to this page:
Profit/Loss Calculations and Symbol Settings

You will want to use in order quantity of 10000.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing

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