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Order and Position Tracker - Open P&L


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Order and Position Tracker - Open P&L

  #11 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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nismo View Post
Ok if:

1.4012 = 1/10,000th
1.401256 = 1/100,000th

what does:

1.40125 = ???

Was a type-o due to lack of sleep.

1.4012 = 1/10000 = regular futures
1.40125 = 1/100000 = forex like mbtrading with fractional pip

Mike

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  #12 (permalink)
nismo
Australia
 
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Big Mike View Post
Was a type-o due to lack of sleep.

1.4012 = 1/10000 = regular futures
1.40125 = 1/100000 = forex like mbtrading with fractional pip

Mike

Yeah I thought so.

Thanks for your quick replies Mike even though its 4-5am in the morning where you are.

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  #13 (permalink)
kamicrazy
New Zealand
 
Posts: 71 since Jun 2011
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I've just been with MC support through the very issue the OP is reporting.

They told me that you need to set the BPV to what the USD would equal 1 JPY.

Asking for clarification they responded that since 0.0123 USD = 1 JPY I would have to set BPV to that.

However they obviously don't check their own answers since 0.0123 is not possible to enter into that field since it only accepts to 2 decimal places.

I have found through their issue tracking system that they recommend 1 BPV for USD based pairs. This obviously correlates with the first answer they gave me, since 1 BPV = 1 USD for USD based pairs.

I can't work out how to show correct PNL for non-USD based pairs and crosses though. Even then I don't want to have to update the BPV every day.

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  #14 (permalink)
 
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 MultiCharts 
Columbus, Ohio, US
 
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kamicrazy View Post
I've just been with MC support through the very issue the OP is reporting.

They told me that you need to set the BPV to what the USD would equal 1 JPY.

Asking for clarification they responded that since 0.0123 USD = 1 JPY I would have to set BPV to that.

However they obviously don't check their own answers since 0.0123 is not possible to enter into that field since it only accepts to 2 decimal places.

I have found through their issue tracking system that they recommend 1 BPV for USD based pairs. This obviously correlates with the first answer they gave me, since 1 BPV = 1 USD for USD based pairs.

I can't work out how to show correct PNL for non-USD based pairs and crosses though. Even then I don't want to have to update the BPV every day.

You are correct, it's currently not possible to set more than 2 decimal places in that field. Support was also correct to tell you that: "you need to set the BPV to what the USD would equal 1 JPY" in order to display the values in dollars instead of JPY. However, since entering 0.0123 is clearly not possible at the moment, you need to BPV = 0.01 to get the approximate results. We will likely improve this feature in the future.

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  #15 (permalink)
jmoreno127
Bogota/Colombia
 
Posts: 2 since Apr 2017
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Hi!

Here is my situation:

I have a system that opened two positions: The first position was at @0.89680 and the second was at @0.89671. I already have implemented the function "From !Broker to !Strategy" to Sync the Orders as I need to take care of certain positions on the Broker (LMAX NZ) Web Service. I closed the second position on LMAX NZ Web Service, but in the Platform, the Sync Order was generated for the First Position.

It leads to a big error since the strategy P/L and the Open P/L was completely different since the Broker showed me CAD-7.02, the chart showed me CAD1.22. Due to I have a take profit in place, the strategy closed the whole position thinking that the P/L was CAD1.22 while the actual P/L was CAD-7.02.

How can I deal with it if I have to keep this semi-automated framework for my work? How can I have from a Powerlanguage Keyword the Open P/L (from Broker) or How can I fix that the sync order is made on the actual trade and not in the first trade of the open position?

Thanks in advance for your help!

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