Import MT4 Indices Data correctly
1 replies
Trickhead
7 years ago #116280
Hi Marc,
So far very impressed with your software and looking forward to SQ being compatible with MT5!
My question is when importing data from MT4 for the AUS200 index here are the specifications from my Broker:
Contract size: $25 AUD
Minimum Contract Size: 1
Digits: 1
Volume step: 0.01
so when i add new symbol to SQ my:
Point Value in $ = 25
Pip/Tick Step = 0.1
Pip/Tick Size = ??
i know its such a simple thing but very confusing when importing any data other then Currencies.
Regards,
Rick
tomas262
7 years ago #141365
Hello,
tick step and size are the same usually. Standard pip for EURUSD for example represents 0.0001 price move but some brokers provide even smaller resolution 0.00001. Here the step would be 0.00001 and pip size 0.0001.
For your AUS200 I think both are the same
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