tick vs point bug ?

Questions about MultiCharts and user contributed studies.
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BB123
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tick vs point bug ?

Postby BB123 » 10 Feb 2024

So i always thought that a tick was the smallest movement to the right of the dec point.. and Points were the smallest move to the left of the dec point..

Looking it up- (just to make sure i wasn't crazy) - here is investopedias take on it https://www.investopedia.com/ask/answer ... l%20point...... Says the same... tick right point left..

Yet when i build a renko chart with a resolution of 1 tick and a box size of 2 points.. I get a chart built with bricks that are 2 ticks in size.. Not bricks that are 2 points in size...

Am i missing something here?

Happy to show examples...

BD.
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Re: tick vs point bug ?

Postby BD. » 11 Feb 2024

The definition is irrelevant.

try 1 'fixed price' and 1 'point', see what it shows you, and set it to the amount you like.

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BB123
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Re: tick vs point bug ?

Postby BB123 » 12 Feb 2024

Though i already know i can do it they way you showed. .. Having something so basic that is wrong-- is something that Im sure the coders would want to fix.. So i was just bringing it to their attention... Sometimes some of the most basic bugs are the ones they dont see..

But thanks for the advice..

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Mark Brown
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Re: tick vs point bug ?

Postby Mark Brown » 06 Mar 2024

to educate :

ES SP MINI FUTURES

12.50 PER TICK - 4 TICKS = 1 POINT WHICH = 50.

A TICK IS THE SMALLEST TRADABLE INCREMENT

A POINT IS THE RESULTS OF THE REQUIRED TICKS TO MAKE A POINT

BUT WILL THIS EVER BE FIXED?


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