Tick value of /MES not returning correct values.

ernay · Postby **ernay** » 17 Jun 2020

I'm printing out the contract specs of /MES like this:

Output.WriteLine("MinMove:" + Bars.Info.MinMove.ToString() + 
                                 "\tPriceScale:" + Bars.Info.PriceScale.ToString() +
                                 "\tBigPointValue:" + Bars.Info.BigPointValue.ToString());

It prints out the following:

Code: Select all

MinMove:1 PriceScale:10000 BigPointValue:10

For /MES, I'm trying to get to the minimum tick increment of $0.25 programmatically.
Is this a bug or is there a more reliable way to get the contract specs here?

Thanks,
Ernie

JoshM · Postby **JoshM** » 19 Jun 2020

Usually to calculate the tick size it's: (minmove / pricescale) * bigpointvalue.

Given your output I don't think your instrument settings for MES are correct in the QuoteManager. It probably has to be:

- Big point value: 5
- Min movement: 25
- Price scale: 1/100

(Just to confirm, I'm talking about the Micro E-mini S&P 500 Futures. If you mean another instrument, then your QuoteManager settings are probably correct.)

ernay · Postby **ernay** » 19 Jun 2020

I think you're right. For some reason the /MES settings from CME are:

price scale 1/10000
min movement 1
big point value 10

This is the setting for /ES, not the micro. Interesting. I guess maybe a bug? The /MES as you mentioned should be
- Big point value: 5
- Min movement: 25
- Price scale: 1/100

Thanks for replying.

Vlada MultiCharts · Postby **Vlada MultiCharts** » 29 Jun 2020

Hello Ernie,

The PriceScale keyword in PowerLanaguage Editor returns a value different from the one specified in Price Scale in QuoteManager.
If the symbol has Price Scale = 1/10000 in QuoteManager, the code will return PriceScale = 10000.

Tick value of /MES not returning correct values.

Tick value of /MES not returning correct values.

Re: Tick value of /MES not returning correct values.

Re: Tick value of /MES not returning correct values.

Re: Tick value of /MES not returning correct values.