I'm trying to calculate position size and so far have been looking at currency pairs, and in my indicator script, it is simply TickSize * 10 to get the correct pip value when comparing two prices.
However, I'm now looking at the indices on the attached image. This image is from some dummy trades I placed on FXCM web portal. The P/L column is the PIP difference between the open and close prices.
On these instruments (excluding EUR/GBP) the TickSize value on NinjaTrader is 0.01 for all of them. However, as you can see on the image, the PIP size can be x1 or x10 or x100 the TickSize value so I was wondering if there is another value on NinjerTrader which helps you calculate the PIP size for each.
For info, excluding EURGBP the instrument names on NinjaTrader are as shown in the image but with @ at the start. e.g. @NAS100.
Many thanks
Tim
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