Instrument one tick worth in dollars

[alex_bbfg]

Hello Support,

Please, help!

How to determine of Instrument one tick worth in dollars? It must be simple but I can not find anything.

Regards.

[NinjaTrader_ZacharyG]

Hello alex_bbfg,

Thank you for writing in.

You can utilize both Instrument.MasterInstrument.PointValue and TickSize to figure out the monetary value of one tick.

For more information about Instrument.MasterInstrument.PointValue and TickSize, please take a look at the following two links below:

http://ninjatrader.com/support/helpGuides/nt7/?masterinstrument_po.htm

http://ninjatrader.com/support/helpGuides/nt7/?ticksize.htm

You'll just want to multiply Instrument.MasterInstrument.PointValue by the TickSize.

double amountPerTick = Instrument.MasterInstrument.PointValue * TickSize;
Print(amountPerTick); // prints out 12.5 for ES, for example

Please, let us know if we may be of further assistance.