Tick Worth

[EarlyTrader]

Is there an Instrument property that returns the worth of a tick? For example, if your current instrument is ES, then that variable or function would return 12.50. I hate to hardcode these things...

[gurko]

I think you can use PointValue together with TickSize to calculate a tick's value.

[NinjaTrader_PaulH]

Hello EarlyTrader,

Thanks for your post and welcome to the NinjaTrader forums!

As member gurko advised you can retrieve the instruments point value and multiply times the instruments ticksize to determine the dollars per tick. For example:

if (CurrentBar == 0)
{
Print ("Dollars per tick: "+(Bars.Instrument.MasterInstrument.PointValue * TickSize).ToString());
}

References:

https://ninjatrader.com/support/helpGuides/nt8/en-us/?ticksize.htm

https://ninjatrader.com/support/helpGuides/nt8/en-us/?pointvalue.htm

[EarlyTrader]

Thank you very much

double tickWorth = Instrument.MasterInstrument.PointValue * TickSize;

did the trick.