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Finding Minimum Tick Size

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    Finding Minimum Tick Size

    Hello,

    I am trying to develop an automated strategy and I am having trouble finding a function that will give the minimum tick size for a given market?

    Basically am trying to calculate the following steps:

    double buyTicks = 10; // default value on start up - OnStateChange()

    double buyTicksChange = ....; // Variable that will change with OnBarUpdate()

    double buyTicks = buyTicks + buyTicksChange; // Variable that will change with OnBarUpdate()

    double bid = GetCurrentBid();

    double entryPrice = bid - buyTicks; // **** How do I put buyTicks in the same units as the bid prices? For example entryPrice = bid - ( buyTicks * minimumTickSize ); but how do I find this minimumTickSize?

    // Order entry

    EnterLongLimit(entryPrice);

    Thank You

    #2
    Hello Aether,

    Thank you for writing in and welcome to the NinjaTrader Support Forum!

    Utilizing TickSize will return the value of 1 tick for the instrument you are running your strategy. So, for the ES for example, this will return 0.25: https://ninjatrader.com/support/help.../?ticksize.htm

    Please, let us know if we may be of further assistance.
    Zachary G.NinjaTrader Customer Service

    Comment


      #3
      Thank you very much. TickSize works perfect for what I need.

      Comment

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