Support Board
Date/Time: Thu, 23 Jan 2025 15:32:07 +0000
Post From: LMAX Profit/Loss Calculation seems wrong
| [2018-11-19 09:16:30] |
| ILIM KIRGIZ - Posts: 187 |
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Hi there, After the recent update, I started to face a wrong profit-loss calculation on Attached Order stop loss and profit target lines on chart trading. For LMAX I'm aware that a quantity states 10 in trade window quantity field equals to 1 contract at LMAX. LMAX defines 1 contract as 10.000 unit of the base currency (currency pair=base currency/quote currency) I would like to share an example to convey my issue. USDCAD pair: Currency value per tick defined as 0.01 Tick Size is defined as 0.000010 in global symbol settings of USDCAD. I create a test order as a simulation trade in SC. I used the simple bracket. 100 ticks for stop loss and 100 ticks for profit target from the entry. I used Sierra Quantity as 10 which is 1 contract at LMAX which is 10.000USD as position size. But I look at the stop-loss and profit take lines at the chart I see 7.5 USD for both. But It should be 75$. When I change Currency value per tick defined as 0.01 to 0.1 I can see 75$. I face this issue with all FX pairs at LMAX. Could you please check and advice? Thanks. Date Time Of Last Edit: 2018-11-19 12:02:49
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