Hi support team,
I'm currently developing a strategy where the user is able to input the targets and the stops in different style. The user can choose between Price, Ticks, Money and Percent. (I do not use SetLimitTarget or StopLoss functions from NT-script). For the hole instruments it works easy except for the currency. There is the problem to scale the money amount to the specific tick count which to add to the entry price. If the PointValue is 100k like a standard it's perfect. In the case of currency pairs like USDJPY the point value is default by 1000. And now I need different algos to implement this correctly or I'm wrong?
How do I calculate it in a generic manner.
greeting
cicondo
I'm currently developing a strategy where the user is able to input the targets and the stops in different style. The user can choose between Price, Ticks, Money and Percent. (I do not use SetLimitTarget or StopLoss functions from NT-script). For the hole instruments it works easy except for the currency. There is the problem to scale the money amount to the specific tick count which to add to the entry price. If the PointValue is 100k like a standard it's perfect. In the case of currency pairs like USDJPY the point value is default by 1000. And now I need different algos to implement this correctly or I'm wrong?
How do I calculate it in a generic manner.
greeting
cicondo
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