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  • Anonymous
    #112945 | Reply
    87 Posts

    I created a strategy using eur/usd , well the prices were all over the place some were for example 168.99 and others were normal like 1.6899 then i had two trades on one strategy that made over a hundread thousand due to the prices being different , for example a short entered at a price of 168.65 and exited trade at 1.3815  since the decimal is for some reason in the wrong spot; it calculated the wrong profit. Im wondering why this happened , also for the data details of the currency pair what is appropriate setting for Pip/Tick Step and Pip/Tick Size ? im sure pip tick size is 0.001 but im not sure what should b set for the other , is 0.0001 the correct setting for all pairs?

    #127756 Reply
    Customer
    261 Posts

    Hi, 

     

    for EURUSD the correct setting is Pip/Tick Size 0.0001 and Pip/Tick Step 0.00001.

     

    They are 2 options why this happened, one is wrong data, another one is wrong values.

     

    Check the attached pictures, you can see the values for more currencies if you will need.

     

    Best regards

    Patrick

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Reply To: trade prices incorrect

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