Unresolved Issue with PointValue Calculations for Specific Broker on Indices Trades

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I'm aware that the subject of point value, delta lot value, and related calculations has been extensively discussed on this forum. Until recently, none of my customers had encountered issues with point value calculations when using my products. However, I've encountered a unique problem for a client who is trading indices with a specific broker, and the existing methods for calculating point value no longer seem to apply.

Typically, the calculation for point value is straightforward: divide the tick value by the tick size. Many brokers already adjust the tick value to account for any discrepancies between the account currency and the base currency of the indices being traded. 

In my current dilemma, both the account currency and the symbol currency for US30 are in USD. The tick size is 1, and the tick value is 5. By these metrics, my calculation yields a point value of $5 per lot. However, when executing a trade, the estimated point value is drastically different, showing as $0.1 per lot.

I'm baffled by this inconsistency and am at a loss for how to develop a workaround, as the calculations should be straightforward given the available data. The disparity introduces a factor of 50 that I cannot account for.


If anyone has insights into this issue or suggestions for a workaround, I would greatly appreciate your input.


Best Regards,
Lukas Roth

 
Could you please check if OrderCalcProfit will work correctly if you have such possibility.
 
Lukas Roth:

I'm aware that the subject of point value, delta lot value, and related calculations has been extensively discussed on this forum. Until recently, none of my customers had encountered issues with point value calculations when using my products. However, I've encountered a unique problem for a client who is trading indices with a specific broker, and the existing methods for calculating point value no longer seem to apply.

Typically, the calculation for point value is straightforward: divide the tick value by the tick size. Many brokers already adjust the tick value to account for any discrepancies between the account currency and the base currency of the indices being traded. 

In my current dilemma, both the account currency and the symbol currency for US30 are in USD. The tick size is 1, and the tick value is 5. By these metrics, my calculation yields a point value of $5 per lot. However, when executing a trade, the estimated point value is drastically different, showing as $0.1 per lot.

I'm baffled by this inconsistency and am at a loss for how to develop a workaround, as the calculations should be straightforward given the available data. The disparity introduces a factor of 50 that I cannot account for.


If anyone has insights into this issue or suggestions for a workaround, I would greatly appreciate your input.


Best Regards,
Lukas Roth

What does MarketInfo(Symbol(),MODE_MARGINCALCMODE) look like on your client?

 
Vasile Verdes #:

What does MarketInfo(Symbol(),MODE_MARGINCALCMODE) look like on your client?

There is no MarketInfo in MQL5

[edit] Oops, I didn't see that the thread was in the MT4 section. In this case, that post is not relevant.

[edit2]

Vasile Verdes #:

First of all, the discussion is in the MT4 section.

Yes, I didn't notice that, sorry.

 
Vladislav Boyko #:

There is no MarketInfo in MQL5

First of all, the discussion is in the MT4 section. Second, for mql5: SymbolInfoInteger(Symbol(),SYMBOL_TRADE_CALC_MODE)

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