Value of point sp500 in code

pancho0423 · 2018-06-23T19:18:19+00:00

Hello, I have programmed a system for sp500, it´s possible to tell the program value point is 1 dollar instead of 50? The idea is to use it with cfds, no with futures thanks

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06/23/2018 at 8:18 PM #74201 quote

pancho0423
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Hello,

I have programmed a system for sp500, it´s possible to tell the program value point is 1 dollar instead of 50?

The idea is to use it with cfds, no with futures

thanks

06/24/2018 at 8:36 AM #74207 quote

GraHal
Participant

Master

pipvalue or pointvalue ??

It’s only 50 if you are using the $50 Contract.

But if you use pointvalue in your code then it will be correct for whichever Contract you are using.

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SP500.jpg

06/24/2018 at 9:28 AM #74209 quote
pancho0423
Participant

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Thanks for reply Grahal,

On sp500 1point= 50 $ ( i have pasted an image)

For example, in the next code, how can i change de pointvalue ? i want 1point = 1 dollar

I´ve tried the function pointvalue, but i dont know where to put it.

Or how to configure the graphic

thanks .
```
indicator= rsi[14](close)

c1= indicator < 30
IF NOT LongOnMarket AND c1 THEN
BUY 1 CONTRACTS AT MARKET
ENDIF

c2= indicator>70
If LongOnMarket AND c2 THEN
SELL AT MARKET
ENDIF
```
50.png
06/24/2018 at 10:30 AM #74218 quote

GraHal
Participant

Master

GraHal wrote:

It’s only 50 if you are using the $50 Contract.

You need to choose the $1 Contract … see green arrow on attached,

1

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sp-2.jpg

06/24/2018 at 11:05 AM #74222 quote

pancho0423
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That’s great ! thank you very much ! but I don t understand why that option does not appear in my program. it´s prorealtime or broker graphics?

06/24/2018 at 11:07 AM #74223 quote

pancho0423
Participant

New

it´s no option cash for my

06/24/2018 at 11:15 AM #74225 quote

GraHal
Participant

Master

Picture tells a thousand words so why don’t you post a screen shot of what have as options to select same as I did?

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06/24/2018 at 11:30 AM #74226 quote

pancho0423
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Yes, of course. I think maybe you work with IG and for that you have diferents graphics than me ?

1-1.png 2.png

06/24/2018 at 12:02 PM #74230 quote

Vonasi
Moderator

Master

The identifier is SPTRD so trying to type that in the search box. I often find that SP500 does not bring up the results I expect.

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06/24/2018 at 1:55 PM #74236 quote

pancho0423
Participant

New

Ok, I don´t find that kind of graph inside prorealtime. I think it´s necessary to have it from a connection to a broker like IG. I think there will be no way to change that option through code.

However, very grateful for your answers !!!

06/24/2018 at 2:38 PM #74239 quote

GraHal
Participant

Master

Your screenshot shows NASDAQ US 500.

My screenshot shows US 500.

Did you type SPTRD in the search box?

I find (same as Vonasi said) … if I don’t type in SPTRD I get loads of unwanted markets, like NASDAQ US 500 🙂

06/24/2018 at 2:56 PM #74240 quote

pancho0423
Participant

New

I tried type SPTRD, CASH, US500 in the search box and nothing.

1-2.png 2-1.png

06/24/2018 at 3:15 PM #74243 quote

GraHal
Participant

Master

Have you tried under Display, Lists, Major Indices as attached … what do you get??

sp-3.jpg sp-3-1.jpg

06/24/2018 at 3:26 PM #74246 quote

pancho0423
Participant

New

With Major indices i have this.

Grahal, have you connected prorealtime with IG ?

I think the problem it´s my broker can not connect to prorealtime

1-3.png

06/24/2018 at 3:54 PM #74249 quote

GraHal
Participant

Master

Yes I’m with IG, who are you with?

But anyway you have S&P 500 on your list … 2nd from bottom!!!!

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