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The symbol settings are located in the '''Edit Symbol''' menu of [[QuoteManager]], in the '''Settings''' tab. Also it is possible to | The symbol settings are located in the '''Edit Symbol''' menu of [[QuoteManager]], in the '''Settings''' tab. Also, it is possible to apply the settings to the whole [[Symbol_Dictionary_for_Futures| root]] or [[Setting_Exchanges_%26_ECNs| exchange]]. | ||
==== | ==== Price Scale ==== | ||
Price Scale stands for the number of decimals after the delimiter. | Price Scale stands for the number of decimals after the delimiter. | ||
Price Scale can be determined by plotting a chart.<br> | Price Scale can be determined by plotting a chart.<br> | ||
'''Example:''' Set Price Scale = 1/10000 and watch the prices on chart. If prices contain too much digits, remove the corresponding number of zeroes in the Price Scale value. | '''Example:''' Set Price Scale = 1/10000 and watch the prices on chart. If prices contain too much digits, remove the corresponding number of zeroes in the Price Scale value. | ||
==== Min. Movement ==== | |||
==== | |||
The minimum price movement must be an integer. | The minimum price movement must be an integer. | ||
Min. Movement can be determined by plotting a chart too. Adjust the value so that there are no price levels without real prices on chart. | Min. Movement can be determined by plotting a chart too. Adjust the value so that there are no price levels without real prices on chart. | ||
==== | ==== Big Point Value ==== | ||
The correct Big Point Value depends on your broker account.<br> | The correct Big Point Value depends on your broker account.<br> | ||
'''Example:''' If the minimum lot size on your account is 1000, set up BPV = 1000, if it is 10000, then set up BPV = 10000 accordingly. | '''Example:''' If the minimum lot size on your account is 1000, set up BPV = 1000, if it is 10000, then set up BPV = 10000 accordingly. | ||
<br> | ==== Note ==== | ||
Min. Movement * Price Scale returns the smallest increment between trades. | |||
<br> Min. Movement * Price Scale * Big Point Value returns the currency value of the smallest change in price. | |||
<br> Knowing that you can calculate the correct values for symbol parameters. | |||
<br> For example, ES symbol has the following parameters: Price Scale = 1/100; Min. Move = 25; BPV = 50; Currency = $ | |||
<br> 1/100 * 25 * 50 = 12.5 | |||
<br> The smallest change in price for ES symbol = $12.5 | |||
<br> | <br> | ||
[[Setting_Properties|'''More info''']] | [[Setting_Properties|'''More info''']] | ||
[[Category:FAQ]] | [[Category:FAQ]] |