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Instrument one tick worth in dollars

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    Instrument one tick worth in dollars

    Hello Support,

    Please, help!

    How to determine of Instrument one tick worth in dollars? It must be simple but I can not find anything.

    Regards.

    #2
    Hello alex_bbfg,

    Thank you for writing in.

    You can utilize both Instrument.MasterInstrument.PointValue and TickSize to figure out the monetary value of one tick.

    For more information about Instrument.MasterInstrument.PointValue and TickSize, please take a look at the following two links below:
    http://ninjatrader.com/support/helpG...trument_po.htm
    http://ninjatrader.com/support/helpG.../?ticksize.htm

    You'll just want to multiply Instrument.MasterInstrument.PointValue by the TickSize.
    Code:
    double amountPerTick = Instrument.MasterInstrument.PointValue * TickSize;
    Print(amountPerTick); // prints out 12.5 for ES, for example
    Please, let us know if we may be of further assistance.
    Zachary G.NinjaTrader Customer Service

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