NexusFi: Find Your Edge


Home Menu

 





Candlesticks with increments of one full pip in PRT


Discussion in Platforms and Indicators

Updated
    1. trending_up 1,931 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
JustY
Sydney NSW/Australia
 
Posts: 2 since Mar 2016
Thanks Given: 0
Thanks Received: 0

Hi,

I read in a few threads that most charting platform allows to display candlesticks in increments of one full pip. I've been trying to set this up in ProRealTime and I haven't been able to. I already asked for help to the technical support team of the broker IG and they say that what I want is impossible to have with them. Also asked the same to ProRealTime support team and they said I should deal with my broker instead. So, I don't know where else to ask, but I guess you may be able to help me with some guidelines or suggestions. Should I try with another charting platform and/or broker in order to be able to get the same settings as in Volman's book?

I really appreciate your help and guidelines.

Regards,

JustY


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Day 96 Missiles Hit Kuwait and Bahrain: June 15 Peace at …
Prediction Markets & Event Contracts
Kalshi Sets $4.13B All-Time Weekly Record as Polymarket …
Prediction Markets & Event Contracts
Victory Day Delivers: Russia-Ukraine Ceasefire Market Cl …
Prediction Markets & Event Contracts
The Confluence Meter: A Multi-Layered Signal Framework B …
The Elite Circle
Orban Crashes to 21pct on Record Turnout -- McIlroy Drop …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
24 thanks
2026 Jlab journal
10 thanks
Lady Vols Primer: Trading Volatility Journal
7 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Trying to learn Volume and price action correlation
5 thanks
  #3 (permalink)
 webradio 
Hamburg, Germany
 
Experience: None
Platform: MetaTrader, Multicharts
Trading: FX
Posts: 44 since Sep 2016
Thanks Given: 21
Thanks Received: 34


@JustY and other Bob Volman followers, were you able to find a charting platform and set up a n-tick chart in full pip incerements for e.g. spot eur/usd? I'm also reading Bob Volman right now and would like to reproduce his examples.
Bob's Dropbox (dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1) still shows charts from ProRealTime in 1pip steps, also for 2016. This appears to be different with what PRT/IG support told you, JustY.

The book is dated 2011. I think meanwhile the majority of brokers offer quotes in 0.1pip step. This is also consistent with spreads below 1pip. (Round-turn cost of still about 1pip after commissions is a different thing)

So in worst case one needs a programmable charting platform and a piece of code doing calling round() (or floor() or ceiling() for O,H,L,C). The question is, what is more reasonable? One can even go further and suppress that 0.1pip noise with a hysteresis, say, 0.5pip wide. Most car speedometers with numeric display do it, too, giving you speed in nice 1km/h increments (in Europe)


Reply With Quote




Last Updated on September 30, 2016


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts