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pips vs ticks

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    pips vs ticks

    I'm calculating the following

    double tickSize = BarsArray[0].Instrument.MasterInstrument.TickSize;
    double pointValue = BarsArray[0].Instrument.MasterInstrument.PointValue;
    double tickValue = tickSize * pointValue;

    does it matter if the instrument uses pips or ticks?​

    #2
    Hello dibDab,

    The TickSize will be interchangeable with pip when using fractional notation instruments. It represents the smallest increment change of the price scale.
    Chelsea B.NinjaTrader Customer Service

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