Value of a Contract

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  • #201737 quote
    taklause
    Participant
    New

    Hello everyone,

    for moneymanagement purposes I have already found some solutions.

    But I dont get them fully. Since in my understanding the value of a contract must be somehow available?

    Most moneymanagement tool using following formulas :

    Equity$ = Capital$ + StrategyProfit$

    Risk$ = Equity * Risk%

    But for the PositionSize I need the price of a contract.

    PositionSize = Floor(Risk$/ContractPrice,1)

    How will I access the contract price in PRC?

    Thanks for your help.

    Taklause

    #201751 quote
    robertogozzi
    Moderator
    Master

    The value of a contract, for most FX pairs and Indices, is:

    ContractPrice = PipValue * 10000

    but usually that info is not used. The current price is widely used, instead.

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Value of a Contract


Platform Support: Charts, Data & Broker Setup

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taklause @taklause Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
3 years, 5 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 10/01/2022
Status: Active
Attachments: No files
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