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decemialized price

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    decemialized price

    How can I convert a price ladder (DOM) price to an exact price on the bonds? Example I see 118'015 as the close price but need to compare that to an indicator value price of 118.0892394?

    I can't due pure math of close price - indicator price as it would be the wrong result.

    How can i compare these values or convert the price so that I can?

    #2
    Hello ct,

    Prices in the SuperDOM are displayed in increments of '005. Each point has 64 ticks, which results in:

    115'000 - 115'005 - 115'010 ........115'310 - 115'315 - 116'000

    An increment of '005 represents 0.015625.

    For example, 112'245 =

    245 / 5 = 49

    49 X 0.015625 = 0.765625

    So 112'245 represents 112,765625.

    Comment


      #3
      U.S. Treasury Bonds futures are quoted in 32nds and halfs of 32nds not 64ths. So, you will never see a fractional value greater than '315. You can confirm at www.cbot.com/cbot/pub/cont_detail/1,3206,1526+14431,00.html .

      The decimal conversion calculation in the previous post yields the correct result as will fraction / 320.

      118'015=118.046875

      112'245=112.765625
      Last edited by Jim W.; 04-17-2009, 10:19 AM.

      Comment


        #4
        Can I just use a moving average with 1 bar or some other indicator?

        Comment


          #5
          You can use a SMA with period set to 1 and set 'Calculate on bar close' to False.

          However the price marker will partially block the SMA marker.

          Comment

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