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Automated Trading Support for automated trading systems using NinjaScript. Support for our ATI (Automated Trading Interface) used to link an external application such as TradeStation and eSignal to NinjaTrader.

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Old 09-17-2011, 03:52 AM   #1
Qualitiedx
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Default Pips vs Ticks in ninja

Hello, i would like to ask if by saying "CaclulationMode.Ticks" we mean pips. thanks

does this phrase mean the number of tick in our favour?
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Old 09-17-2011, 01:33 PM   #2
NinjaTrader_Austin
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Qualitiedx, yes, in 99% of cases, a tick is equal to a pip, unless you have your forex data set to tenth of a pip, in which case there would be 10 ticks to a pip. If you are referring to SetProfitTarget(), then yes, it means the number of ticks in your favor. Let me know if you have any other questions.
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