If you could provide the formula, I would appreciate it.
Thanks!
Thanks!
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Quoting jmbtxDislikedIf you could provide the formula, I would appreciate it.
Thanks!Ignored
Dislikedwhy is the tick value fixed ?
for ex. usd/chf
tick value =
(0.0001 / 0.9176) * 10 000 USD = 1.0898 $ .
so I get 1.0898 $ for 1 tick
say i got 5 ticks .. so in total i made 5 * 1.0898 $
what if the curreny exchange rate changes, would my tick value change aswell ? Is the tick value determined by the currency exchange rate which i enter trading ?Ignored