DAX point value

7 years ago #115515

Hi,

is anybody here trading DAX?

What point value in $, pip tick size+step do you use? Could you share it with others?

Thanks

Patrick

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7 years ago #139174

Hello,

do you mean FDAX futures traded on EUREX or DAX CFDs contracts?

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7 years ago #139182

Futures: FDAX on EUREX: 25 Ã¢â€š¬ / point (or 12.50 Ã¢â€š¬ / tick).

http://www.eurexchange.com/exchange-en/products/idx/dax/17206/

CFDs: DE30 or GER30, or similar on CFDs: nobody knows, there is no common calculation. Every broker create his own contact specification, margin requirement, point value system, min step, etcetc

You need to ask your broker or check the full contract specification through the broker trading platform:

MT4: Go to “MarketWatch” window, right click on “DAX” instrument, select “Specifications” and do you job, test it, understand it.

cTrader: Serch for “DAX” instrument , right click and select “Information”, scroll down and check “Symbol info” block

Usually 1 Lot CFD contract on DAX is 0.10 Ã¢â€š¬ / PIP….but…

I hope this will help.

Best Regards

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7 years ago #139198

ok so point value is 0.1$/Ã¢â€š¬, pip tick size a nd step depends on data but its 0.1 pip/tick size and 0.1 pip/tick step (if it is 2 decimals data, than step is 0.01)

but when i import data form SQ tick data downloader, its only open and close (no high low) and instead of TF i see intraday….:-/

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7 years ago #139218

ok so point value is 0.1$/Ã¢â€š¬, pip tick size a nd step depends on data but its 0.1 pip/tick size and 0.1 pip/tick step (if it is 2 decimals data, than step is 0.01)

but when i import data form SQ tick data downloader, its only open and close (no high low) and instead of TF i see intraday….:-/

Hello,

what date range of the Dax data did you download and import?

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