When using SQX for Futures, Every result is calculated as TICKs, But shown everywhere in PIPs, Please make it translated to TICKs when using any of the Futures Engines, It is very confusing!

When using SQX for Futures, Every result is calculated as TICKs, But shown everywhere in PIPs, Please make it translated to TICKs when using any of the Futures Engines, It is very confusing!,

So lets say if USER use MT4/MT5 or any other FOREX Engine inside SQ, Then SQ will show all the results in PIPs,

AND

if USER use TradeStation/Multi-Charts or any other FUTURES Engine inside SQ, Then SQ Will show all the results in TICKs rather than PIPs,

Because it will be less confusing, Futures contract like ES, is 1 PIP = 4 TICKs,
so the USER (like myself) can be confused when seen PIPs rather then TICKs,

Thank you so much!
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  • Votes +1
  • Project StrategyQuant X
  • Type Feature
  • Status Refused
  • Priority Normal

History

k
#1

Karish

12.09.2020 11:13

Task created

h
#2

hankeys

13.09.2020 09:47
i think that its because the settings in datamanager, for forex we are using 1 pip = 10 ticks


but for futures i dont think its neccessary - you should take 1 tick as 1 pip, because the step for different futures could be different

k
#3

Karish

19.09.2020 06:48
Voted for this task.
MF
#4

Mark Fric

23.09.2020 11:10

Status changed from New to Refused

pips and ticks are used interchangeably, tick = pip and vice versa. 


It is difficult to change labels based on the engine, the engine is not known in every place it is used. We use "pips/ticks" everywhere where there is a space for it. 


Otherwise just when you see pips you can think ticks.

k
#5

Karish

25.09.2020 17:28

Mark,

When using the Futures Engine the PIPs are actually Ticks from what i noticed..


Votes: +1

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