Tick Precision

[Mindset]

In your Sample Strategy on Order Update you quote

         We use (7 * (TickSize / 2)) to denote 4 ticks because of potential precision issues with doubles. Under certain
            conditions (4 * TickSize) could end up being 3.9999 instead of 4 if the TickSize was 1. Using our method of determining
            4 ticks helps cope with the precision issue if it does arise. */​

Is it best practice to always do TickSize/2 for every time we calculate a stop, target or amendment on an order?

thank you

[NinjaTrader_ChrisL]

Hello, thanks for writing in. This would be the best way to calculate the value if you need to calculate a Tick value.

[eDanny]

You can also use RoundToTickSize().

[Mindset]

Ok thank you. Does roundtoticksize() do this ?
I assume it does but it would be nice to have it confirmed.

[NinjaTrader_ChrisL]

Hi Mindset, that is correct, using RoundToTickSize() will also work.