Hello everyone,
I'm opening this topic as a follow-up to a previous discussion I had here recently. I'm seeking some assistance with the symbols I've added to my software for Forex trading. Specifically, I'm importing data from Tickstory in ASCII format and I'm concerned about whether I've set up everything correctly.
My specific concerns are the Margin, Tick Size, and Quantity Decimals for different currency pairs, especially for USDJPY, which seems to differ from the rest. I've attached an image showing my current settings. Can someone please review them and let me know if there are any inaccuracies or recommended changes?
I need to ensure that the Margin reflects the leverage and broker requirements accurately (with a broker minimum of n = 0.01 lot), and that the Tick Size is appropriate for the smallest price movement in the market.
Moreover, I'm curious about the implications for backtesting results when the quote currency isn't USD. What are the typical practices in such scenarios? Is there a common manual adjustment that traders follow?
Additionally, I have a question regarding the management of different timeframes. I am creating a symbol for each timeframe, but I'm uncertain if it's feasible to import various ASCII files representing different timeframes into a single dataset, especially since the symbol's name is the same as the .csv file name. Does anyone have experience with or advice on managing multiple timeframes in this context?
When I try to import only the 1-minute data to use it for larger timeframes, I'm getting strange results. Specifically, the chart shows discontinuous candles.
I appreciate any insights or advice you can provide.
Thank you!
I'm opening this topic as a follow-up to a previous discussion I had here recently. I'm seeking some assistance with the symbols I've added to my software for Forex trading. Specifically, I'm importing data from Tickstory in ASCII format and I'm concerned about whether I've set up everything correctly.
My specific concerns are the Margin, Tick Size, and Quantity Decimals for different currency pairs, especially for USDJPY, which seems to differ from the rest. I've attached an image showing my current settings. Can someone please review them and let me know if there are any inaccuracies or recommended changes?
I need to ensure that the Margin reflects the leverage and broker requirements accurately (with a broker minimum of n = 0.01 lot), and that the Tick Size is appropriate for the smallest price movement in the market.
Moreover, I'm curious about the implications for backtesting results when the quote currency isn't USD. What are the typical practices in such scenarios? Is there a common manual adjustment that traders follow?
Additionally, I have a question regarding the management of different timeframes. I am creating a symbol for each timeframe, but I'm uncertain if it's feasible to import various ASCII files representing different timeframes into a single dataset, especially since the symbol's name is the same as the .csv file name. Does anyone have experience with or advice on managing multiple timeframes in this context?
When I try to import only the 1-minute data to use it for larger timeframes, I'm getting strange results. Specifically, the chart shows discontinuous candles.
I appreciate any insights or advice you can provide.
Thank you!
Rename
QUOTE:
My specific concerns are the Margin, Tick Size, and Quantity Decimals for different currency pairs, especially for USDJPY, which seems to differ from the rest.
Your duplicate post has already been answered by @Cone:
https://www.wealth-lab.com/Discussion/Forex-symbol-ASCII-data-imported-with-only-2-decimals-10675
I suggested you'd start a topic on multicurrency (sic), not to repost the same question. Why would you do that?
QUOTE:
Additionally, I have a question regarding the management of different timeframes.
Since this third question is unrelated to both multicurrency or Markets & Symbols, it would make perfect sense not to mix it and start a new topic.
I need to confess.. I am completely lost here. Where is the multicurrency section? Also, my questions have not been answered. It was confused in the other topic that the market in question is Futures, but it is actually Forex. Additionally, I have added more questions here. Thank you in advance!
Hit F1 for the User Guide. Type a search term.
It's a good place to start because we're going to point you there anyway.
It's a good place to start because we're going to point you there anyway.
Ah! Now I see!
I thought you were referring to a multicurrency section here on the site. My bad.
Thank you. All resolved!
And what about the ASCII data from one minute that show strange discontinuities in larger timeframes of the chart? Should I open another topic on this subject?
I thought you were referring to a multicurrency section here on the site. My bad.
Thank you. All resolved!
And what about the ASCII data from one minute that show strange discontinuities in larger timeframes of the chart? Should I open another topic on this subject?
yes please. We like to keep each discussion on one topic.
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