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Multicharts & MBTrading Fractional pip increments
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Multicharts & MBTrading Fractional pip increments

  #1 (permalink)
Trading Apprentice
San Diego, CA
 
Futures Experience: Advanced
Platform: MC, TS, NT, and all the rest
Favorite Futures: Forex
 
xpete911's Avatar
 
Posts: 5 since Oct 2011
Thanks: 0 given, 1 received

Multicharts & MBTrading Fractional pip increments

Hello,

I'm brand new to this forum so I apologize if I post incorrectly.

I have an issue with MBtrading and Multicharts. I format my instrument to see 5 decimal places (.00001) for FOREX. It shows the 5th decimal as a zero like any other platform, but the price still moves in full pip increments (.0001) while never utilizing the 5th decimal at all.

Any tips? I've covered every menu in the entire platform and googled this to high-heaven. The best Multichart answers seem to come up in this forum so now that I have Multicharts I'll be more active here.

Thank you.

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  #2 (permalink)
 Vendor: tradingcode.net 
The Netherlands
 
Futures Experience: None
Platform: MultiCharts, TradingView
Favorite Futures: ...
 
Jura's Avatar
 
Posts: 774 since Apr 2010
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xpete911 View Post
I format my instrument to see 5 decimal places (.00001) for FOREX. It shows the 5th decimal as a zero like any other platform, but the price still moves in full pip increments (.0001) while never utilizing the 5th decimal at all.

Any tips?

Hm, that's weird since you normally should see the fractional pips with the setting set to 5 decimals. The only thing I can think off is: where have you changed this? For example, if you change the Exchange settings to 5 decimals but don't set the symbol to use these exchange settings, this might explain this difference.

The only thing you can do is go over all your settings (again ).

Anyway, these are my MB Trading settings for EUR/USD:

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  #3 (permalink)
Trading Apprentice
San Diego, CA
 
Futures Experience: Advanced
Platform: MC, TS, NT, and all the rest
Favorite Futures: Forex
 
xpete911's Avatar
 
Posts: 5 since Oct 2011
Thanks: 0 given, 1 received


Jura,

Thank you for your help

While formatting the symbol I had the custom settings very similar to yours, but when I went to look at the Exchange's format, it was set on 10,000 instead of 100,000.

Ahh Works great!! I appreciate the help!

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