E-Mini S&P500 price scale

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virginiatrader
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E-Mini S&P500 price scale

Postby virginiatrader » 26 Aug 2012

To all:

Good Sunday evening. A simple question for the Forum...

I am trying to adjust the Y-scale for the E-Mini S&P500, so that it shows the prices in .25 increments. I know HOW to change the scaling, but the choices of divisors doesn't allow fractions-as-decimals, and although the BPV is $50, the "minimum move" will not let me enter $12.50.

Your help is appreciated in advance.

virginiatrader

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Andrew MultiCharts
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Re: E-Mini S&P500 price scale

Postby Andrew MultiCharts » 27 Aug 2012

Price Scale = 1/100
Min. Move. = 25
Big Point Value = 50

With such settings you will have 0.25 price increments on chart and each such increment will represent $12,5.
I recommend you to add symbols from data source as it is described in this instruction, when it is possible.

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Re: E-Mini S&P500 price scale

Postby virginiatrader » 27 Aug 2012

Andrew:

Thanks for the guidance. From your description of the method, if I did NOT know that 25 = .25, then knowing that the BPV is $50 would have left me thinking that the MinMove is $25, not .25.

Perhaps, MC should consider changing that. If I can misunderstand, certainly others will, as well.

Thanks again!

virginiatrader

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Re: E-Mini S&P500 price scale

Postby Andrew MultiCharts » 27 Aug 2012

Thank you for your suggestion, Sir. The Big Point Value is the cost of the whole unit. Price Scale = 1/100 means that you have 2 digits as decimal part. The Minimum Movement = 25 means, that it will be 25 of 1/100 = 0.25. If 1 (100 according to the price scale) = 50 (Big Point Value), then 0.25 = $12,5 (100/25 = 4; 50/? = 4; ? = 12,5). Hope it makes it clearer now.


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