Support Board
Date/Time: Wed, 15 Jan 2025 17:37:44 +0000
Post From: Currency value per tick configuration
| [2017-07-04 12:04:40] |
| grantx - Posts: 244 |
|
I have read through your help files but do not understand how to configure forex trading correctly. Please give me one example on how to set it to £1 per pip. So I can figure out how to do the rest of the currency crosses myself. GBPJPY I have set: Tick size = 0.01. Currency value per tick = 1 So as I understand it, the above settings should make it £1 per pip. Before I enter a trade, I select quantity = 1. When you look at the screenshot you will see that I got into a trade and the chart showed me 3.00C profit (£3). However, when I close the trade, the software then tells me that my DPL is only 0.03C (£0.03). What is going on? How do I correctly configure SierraChart for forex? |
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