Price Data and Moving Averages

[mainstream]

How does one account for the tick size of an underlying for use in the numerical result of a moving average calculation.

So instead of a moving average being = 823.682
It would be = 823.75

[NinjaTrader_Ben]

Hello,

I do not understand. The MA will just use any values and average them. Please clarify.

[mainstream]

the moving average or any indicator whose equation results in a price.


is it possible to have the result in a real number, not a number that doesn't exist in the numerical representation of price assigned to the underlying.


with the ES for example. the result of a moving average equation to be determined in the tick value of the ES. So 808.75 would be the desired result, not 808.67. As the second number does not exist. There is no 808.67 in the ES as each tick is .25 not .01.

when looking at contract with a tick value of .015625 the results of certain indicators become quite interesting, and challenging for larger calculations...

[NinjaTrader_JoshP]

mainstream,

To get the tick size of an instrument you can do use TickSize.

Close[0] + 10 * TickSize;