Difference between revisions of "How to Determine Symbol Settings"

From MultiCharts
Jump to navigation Jump to search
(Created page with "The symbol settings are located in the '''Edit Symbol''' menu of QuoteManager, in the '''Settings''' tab. Also it is possible to set the settings for the whole Symbol_Di...")
 
Line 2: Line 2:
 
==== 1. Price Scale: ====
 
==== 1. 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.
+
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.
 +
 
==== 2. Min. Movement: ====
 
==== 2. Min. Movement: ====
 
The minimum price movement must be an integer.
 
The minimum price movement must be an integer.

Revision as of 13:27, 1 November 2022

The symbol settings are located in the Edit Symbol menu of QuoteManager, in the Settings tab. Also it is possible to set the settings for the whole root or exchange.

1. Price Scale:

Price Scale stands for the number of decimals after the delimiter. Price Scale can be determined by plotting a chart.

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.

2. Min. Movement:

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.

3. Big Point Value:

The correct Big Point Value depends on your broker account.

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.

More info