Tick value

General discussion about the Tickstory Lite software package.
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Sunnybeach
Posts: 24
Joined: Sat Aug 29, 2015 12:48 am

Tick value

Post by Sunnybeach »

For example, EURCAD. The tick vale is 0.77169 today by MarketInfo(Symbol(),MODE_TICKVALUE).
The backtest will start in deposit of USD while MT4 is online which has current USDCAD price.
Shall I input 0.77169 or 1 to export to MT4?
IMO, I should input 1 because MT4 will convert the profit to USD by current USDCAD price while backtesting.
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tickstory
Posts: 3960
Joined: Sun Jan 06, 2013 12:27 am

Re: Tick value

Post by tickstory »

Hi Sunnybeach,

In all cases, you should be acquiring these settings from your broker as described in this post:

viewtopic.php?f=2&t=809

Unless you specifically know the effect of the setting, it is not recommended to manually edit them. The parameters are internal to MT4.

Thanks.

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