NexusFi: Find Your Edge


Home Menu

 





Contracts conversion


Discussion in MultiCharts

Updated
    1. trending_up 1,017 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

Contracts conversion

  #1 (permalink)
no erocla
turin italy
 
Posts: 96 since May 2013
Thanks Given: 43
Thanks Received: 4

Hi guys,

if my base currency is in USD (for example) there's a method to do convert entry contracts to this?

For example, if i use:

BUY 100.000 EURUSD

I will buy 100.000 EUR

But i want to buy quantity in Base currency, so, If i want buy 100.000 USD of EURUSD and rate is 1.0672, i have to buy 92.925 EURUSD.

Best Regards
No Erocla

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
Better Renko Gaps
The Elite Circle
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
Thanks Given: 481
Thanks Received: 1,623

no erocla,

you can check the convert_currency reserved word, this will help you in converting the size to the currency.

Regards,

ABCTG


no erocla View Post
Hi guys,

if my base currency is in USD (for example) there's a method to do convert entry contracts to this?

For example, if i use:

BUY 100.000 EURUSD

I will buy 100.000 EUR

But i want to buy quantity in Base currency, so, If i want buy 100.000 USD of EURUSD and rate is 1.0672, i have to buy 92.925 EURUSD.

Best Regards
No Erocla


Follow me on Twitter Reply With Quote
Thanked by:
  #3 (permalink)
no erocla
turin italy
 
Posts: 96 since May 2013
Thanks Given: 43
Thanks Received: 4


Dear ABCTG,

have you noticed that in Forex market with IB Broker, base currency is set as right currency instead of left ?

Regards
No Erocla

Reply With Quote
  #4 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
Thanks Given: 481
Thanks Received: 1,623

no erocla,

I am not sure what you mean by that. If you are saying the base currency needs to be the destination currency with IB when using the "Convert_Currency" reserved word, this might be a bug and if you can reproduce it you should contact Multicharts so they can fix it.

Regards,

ABCTG

Follow me on Twitter Reply With Quote
Thanked by:




Last Updated on November 17, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts