Search found 5 matches

by riccardo@kde.org
10 Apr 2014
Forum: MultiCharts
Topic: Price-based precision
Replies: 10
Views: 1768

Re: Price-based precision

not really, since 2.001 is an invalid price, so either i trade at prices x.xx (losing 10 ticks, effectively ruining all the indicators) or i can't do anything else...
by riccardo@kde.org
10 Apr 2014
Forum: MultiCharts
Topic: Price-based precision
Replies: 10
Views: 1768

Re: Price-based precision

WeBank, symbol EGPW (ENEL Green Power - FTSE MIB)

book now: 1.997, 1.998, 1.999, 2, 2.002, 2.004...
by riccardo@kde.org
07 Apr 2014
Forum: MultiCharts
Topic: Price-based precision
Replies: 10
Views: 1768

Re: Price-based precision

This is clear, but the situation changes when stock prices are near boundaries (and this situation is infamously frequent). Suppose we have a stock priced 0.9985; there market rules impose the precision to be of the form 0.XXX or 0.XXX5. However, in three ticks up the stock will reach the value of 1...
by riccardo@kde.org
07 Apr 2014
Forum: MultiCharts
Topic: Price-based precision
Replies: 10
Views: 1768

Re: Price-based precision

Thank you for your reply, but does this mean that if a stock price is oscillating between the boundaries I cannot use Multicharts in any way for automated trading?
by riccardo@kde.org
07 Apr 2014
Forum: MultiCharts
Topic: Price-based precision
Replies: 10
Views: 1768

Price-based precision

Hello, I am trying to operate on Milan Stock Exchange market, which has a price precision depending on each stock price I'm operating. The rules are simple, you usually have 4 significative digits of precision, but if the price is between 5*10^n and 10*10^n you get an increment of 5 points on the la...

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