thepark wrote:
Thanks MO..what do you mean when the line spacing is narrowed? isnt the spacing always fixed to your MACRO size?
Sorry if im not making any sense
The value of the macro is fixed, say .333%, but the space between the lines is not.
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thepark wrote:
Thanks MO..what do you mean when the line spacing is narrowed? isnt the spacing always fixed to your MACRO size?
Sorry if im not making any sense
MightyOne wrote:thepark wrote:
Thanks MO..what do you mean when the line spacing is narrowed? isnt the spacing always fixed to your MACRO size?
Sorry if im not making any sense
The value of the macro is fixed, say .333%, but the space between the lines is not.
thepark wrote:
The dollar value of a macro is a function of the dollar per pip value and the MACRO number (number of pips per line) is it not? So if i divide my $/pip by 16 to trade SIXTEENS my actual real pip value of the MACRO will increasing proportionately hence the value of the macro is fixed.
but how can the space between lines between the lines change if you are trading a certain macro number (SIXTEEN, EIGHTS)? because it dictates the number of pips of that MACRO unless i say switch from trading SIXTEENS to EIGHTS?
thanks for this..... sorry for bearing with me.
MightyOne wrote:thepark wrote:
The dollar value of a macro is a function of the dollar per pip value and the MACRO number (number of pips per line) is it not? So if i divide my $/pip by 16 to trade SIXTEENS my actual real pip value of the MACRO will increasing proportionately hence the value of the macro is fixed.
but how can the space between lines between the lines change if you are trading a certain macro number (SIXTEEN, EIGHTS)? because it dictates the number of pips of that MACRO unless i say switch from trading SIXTEENS to EIGHTS?
thanks for this..... sorry for bearing with me.
If a pip is $50 then each macro is $50.
$3.13 x 16 = $50
$4.17 x 12 = $50
$6.25 x 08 = $50
If I wish to "narrow" the spacing of the lines from SIXTEENS to TWELVES then I increase my position size from $3.13/pip to $4.17/pip.
As soon as I "add" to the position the lines narrow and I gain/lose at a rate of TWELVES.
Sorry if I explain things poorly, I hope that this answers your question.
Jalarupa wrote:I really love this EIGHTS indi...
salezyakuku wrote:Jalarupa wrote:I really love this EIGHTS indi...
At any time you can express your love by clicking the link.
Jalarupa wrote:I have no problem paying for tools that enhance my ability to trade...
Jalarupa wrote:Is there a possibility that your tool could be made to track a horizontal line instead of manually entering a price?
salezyakuku wrote:Jalarupa wrote:I have no problem paying for tools that enhance my ability to trade...
Just "click", I will see how often you love it in google url shortener statistics. I'm not pro coder....Jalarupa wrote:Is there a possibility that your tool could be made to track a horizontal line instead of manually entering a price?
Good idea , I will look closer to this next weekend....
salezyakuku wrote:Jalarupa wrote:I really love this EIGHTS indi...
At any time you can express your love by clicking the link.