• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Coffee definition in the default Instrument Manager

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Coffee definition in the default Instrument Manager

    It looks to me that that the default Coffee futures (KC) definition in NT instrument list is incorrect (point value and tick size).
    Click image for larger version

Name:	nt_kc_instrument.gif
Views:	1
Size:	19.3 KB
ID:	893969
    Can anybody confirm please?

    #2
    Hello evlap,

    The default information is correct. Point value is 37500.
    https://www.theice.com/productguide/...html?specId=15

    Minimum price movement is $18.75. So tick size is 0.0005.

    18.75 / 37500 = 0.0005
    JasonNinjaTrader Customer Service

    Comment


      #3
      Jason,

      The caveat is that KC is quoted in cents, not dollars. NT expects point value in dollars. So we need to factor that in point value and tick size.

      You can compare KC definition to the definition of SB which is defined correctly.

      Comment


        #4
        Hello,

        I will have someone reply to you on Monday. Thank you for your patience.
        DenNinjaTrader Customer Service

        Comment


          #5
          Was there a resolution to this - the correct tick size for KC accounting for cents vs dollars?

          Comment


            #6
            Hi powermoney,

            Thank you for your post.

            Based on the exchange settings the tick size and point values in NinjaTrader are correct.
            http://www.cmegroup.com/trading/comm...fications.html

            That link indicates price is quoted in dollars based on the point value, which means that what the tick size in NinjaTrader corresponds to the price values from the exchange.
            Ryan O.NinjaTrader Customer Service

            Comment


              #7
              I guess the reason for our confusion is in the way KC is quoted on ZenFire (cannot tell about other feeds). Coffee is quoted in dollars on CME web-site (e.g., 1.6355). But in cents on ZenFire (e.g., 163.55).

              Comment


                #8
                Hello evlap,

                I see. Unfortunately, NinjaTrader acts like a radio receiver and displays the data that is provided.

                What happens if you amend the point value and tick size? I suggest to use a tick size of 0.05 and a point value of 375. Does it list PnL as expected?
                JasonNinjaTrader Customer Service

                Comment


                  #9
                  Coffee adventures

                  Originally posted by NinjaTrader_Jason View Post
                  Hello evlap,

                  I see. Unfortunately, NinjaTrader acts like a radio receiver and displays the data that is provided.

                  What happens if you amend the point value and tick size? I suggest to use a tick size of 0.05 and a point value of 375. Does it list PnL as expected?
                  Still looks "wonky".

                  (Sorry... NT v7.19)
                  Last edited by Xantech; 09-07-2010, 10:10 AM.

                  Comment


                    #10
                    Xantech,

                    Unfortunately, I'm not sure that I follow.

                    Can you provide me with an example of a value you receive and a value you would expect?
                    KyleNinjaTrader Customer Service

                    Comment


                      #11
                      Originally posted by NinjaTrader_Kyle View Post
                      Xantech,

                      Unfortunately, I'm not sure that I follow.

                      Can you provide me with an example of a value you receive and a value you would expect?
                      Sure. I am using IB. Looking at coffee on NYBOT (KC) and using either of the two settings in this thread 37500/.0005 and 375/.05 I get 'junk charts', basically a couple of data points/bars and that's it. Nothing like I'd expect from my other chart experiences. Thus the "wonky" term. It seems that I have a similar issue with cotton (CT) using 50000/.0001 per ICE.

                      IB quotes in dollars e.g. KC 1.xxxx and CT 0.xxxx

                      Thanks for any insight.
                      --X

                      Comment


                        #12
                        Hello Xantech,

                        Could you please post a screenshot of the KC chart you display on your end.

                        What expiration month did you use? Does it make a difference if you select a different expiration month?

                        In addition, what version of NinjaTrader do you have installed? You can check this at Control Center-->Help-->About.
                        JasonNinjaTrader Customer Service

                        Comment


                          #13
                          Originally posted by NinjaTrader_Jason View Post
                          Hello Xantech,

                          Could you please post a screenshot of the KC chart you display on your end.

                          What expiration month did you use? Does it make a difference if you select a different expiration month?

                          In addition, what version of NinjaTrader do you have installed? You can check this at Control Center-->Help-->About.
                          Yessir,

                          NT 7.0.0.19

                          --X
                          (sept and dec contracts; makes no difference)
                          Attached Files

                          Comment


                            #14
                            Xantech,

                            Please upgrade to the current version of the beta, 7.0.0.20, then test to see if you experience the same issue.

                            You may download the current version of NinjaTrader via this link: http://www.ninjatrader.com/webnew/do...g_software.htm
                            KyleNinjaTrader Customer Service

                            Comment


                              #15
                              Originally posted by NinjaTrader_Kyle View Post
                              Xantech,

                              Please upgrade to the current version of the beta, 7.0.0.20, then test to see if you experience the same issue.

                              You may download the current version of NinjaTrader via this link: http://www.ninjatrader.com/webnew/do...g_software.htm
                              I have upgaded since I posted the files, but the issue is the same. I had a similar issue with SB (the Instrument Manager default is incorrect) on the tick size and adjusting that solved it for SB. I haven't found a solution doing that on coffee, cotton (and one other, but don't remember which at the moment).

                              --X

                              Comment

                              Latest Posts

                              Collapse

                              Topics Statistics Last Post
                              Started by traderpards, Today, 09:55 AM
                              0 responses
                              2 views
                              0 likes
                              Last Post traderpards  
                              Started by MojoJojo, Today, 09:53 AM
                              0 responses
                              2 views
                              0 likes
                              Last Post MojoJojo  
                              Started by lunardiplomacy, Today, 08:23 AM
                              4 responses
                              16 views
                              0 likes
                              Last Post NinjaTrader_Jesse  
                              Started by Gerik, Today, 06:36 AM
                              1 response
                              7 views
                              0 likes
                              Last Post NinjaTrader_Kate  
                              Started by swcooke, Yesterday, 03:31 PM
                              3 responses
                              27 views
                              0 likes
                              Last Post MojoJojo  
                              Working...
                              X