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Date/Time: Sat, 04 Jan 2025 07:35:32 +0000



Uniform Tick Size on forex pairs - SC Forex data (FXCM)

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[2016-05-30 13:25:58]
User365411 - Posts: 192
Using data from the "SC Forex data(FXCM)" server I noticed that forex pairs (ignoring for now JPY crosses) on the server have different tick size, some have 0.00001 other 0.00005 and 0.0001 others. It does not make much sense to me as it has the FXCM min. tick size is 0.00001
So when you change a symbol via watch list, those studies based on tick size (number bars, market profile, volume profile ... ) change appearance, and I have to manually change the values each time, it's very annoying...
Could you make them consistent, for example, all at 0.00001, (for the JPY crosses 0.001).

Thank you
[2016-05-30 23:30:56]
Sierra Chart Engineering - Posts: 104368
In most cases the Tick Size setting will be 0.00005 for Forex pairs. We have gone through the ones that were .00001 and made them .00005 now for consistency.

We normally do not use 0.00001 because it greatly increases processing and memory use for some types of studies. You are welcome to use that setting as long as you are willing to accept the performance consequence.

You can use whatever Tick Size you want by setting this in the Global Symbol Settings for the symbol:
http://www.sierrachart.com/index.php?page=doc/doc_GlobalSymbolSettings.php

Although make sure you uncheck this option on the Global Symbol Settings window:
Overwrite Existing Settings When Automatically Updating From The Server
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
[2016-05-30 23:32:49]
Sierra Chart Engineering - Posts: 104368
Also it is our position that is a complete mistake performance wise to be using a tick size of .00001 for these studies:
(number bars, market profile, volume profile ... )

We would never recommend that.
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

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