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desktop:custom_strategies [2025/03/27 19:52] – [Quick Start Guide] rob | desktop:custom_strategies [2025/08/25 19:30] (current) – [Custom Strategies Window] grant | ||
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====== Custom Strategies Window ====== | ====== Custom Strategies Window ====== | ||
- | {{:desktop:sniper4.png|}} | + | {{:desktop:updatedcs.png?400|}} |
- Custom Strategies: | - Custom Strategies: | ||
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- Trade: Will Launch a trading ladder of your selected strategy. Note: You can still pull up a ladder if you are in the charting only package, you just wont be able to enter any trades. | - Trade: Will Launch a trading ladder of your selected strategy. Note: You can still pull up a ladder if you are in the charting only package, you just wont be able to enter any trades. | ||
- Chart: Will launch a chart of the selected strategy. Note Once the chart is pulled up then you can edit it and add studies. | - Chart: Will launch a chart of the selected strategy. Note Once the chart is pulled up then you can edit it and add studies. | ||
- | - Market | + | - Profile |
- Market History: Will launch a Market History of the selected strategy. | - Market History: Will launch a Market History of the selected strategy. | ||
- Spread Matrix: Will launch a Spread Matrix of the selected strategy. | - Spread Matrix: Will launch a Spread Matrix of the selected strategy. | ||
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- | After a custom strategy has been created, it can be edited by selecting it and clicking the Edit button (1). To trade or see quotes for a strategy, select it from the Custom Strategies window then click the Trade/ | + | After a custom strategy has been created, it can be edited by selecting it and clicking the Edit button (1). To trade or see quotes for a strategy, select it from the Custom Strategies window then click the Trade/ |
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====== T4 Custom Strategies Calculations ====== | ====== T4 Custom Strategies Calculations ====== | ||
- | Inputs Description | ||
- | Ticks This is the price of the product as published by the exchange. Note that this value may not match the display price. | ||
- | TickValue This is the cash value of a minimum tick for the product multiplied by the leg multiplier chosen for that leg, i.e. a leg multiplier of 3 with a $10 minimum tick creates a $30 TickValue. | ||
- | Numerator The minimum tick increment in the same terms as the " | ||
- | Denominator The value sent from the exchange that divides into Ticks to create a decimal value. | ||
- | PriceCode If applicable, this applies a special conversion to a decimal value to create a more legible display price, i.e. a 10yr Note decimal price of 127.296875 becomes 127095 after applying the appropriate PriceCode. | ||
- | DisplayFormat The decimal precision applied to a display price, i.e. a price of 1258.75 with a DisplayFormat of 0.0 will truncate the last digit, leaving 1258.7 as the display price | ||
- | Edit | + | ^ **Inputs** |
- | Cash Calculation¶ | + | |**Ticks** |This is the price of the product as published |
- | Step 1 - Multiply each leg price by its TickValue | + | |**TickValue** |This is the cash value of a minimum tick for the product multiplied |
- | Step 2 - Add all leg values calculated | + | |**Numerator** |The minimum tick increment |
- | Step 3 - Multiply | + | |**Denominator** |The value sent from the exchange that divides into Ticks to create a decimal |
+ | |**PriceCode** |If applicable, this applies a special conversion to a decimal value to create a more legible display price, i.e. a 10yr Note decimal price of 127.296875 becomes 127095 after applying | ||
+ | |**DisplayFormat** |The decimal precision applied to a display price, i.e. a price of 1258.75 with a DisplayFormat of 0.0 will truncate | ||
- | Edit | ||
- | Decimal Calculation¶ | ||
- | Step 1 - Multiply each leg price by its leg multiplier. | ||
- | Step 2 - Add all leg values calculated in Step 1, where buy-side legs are positive and sell-side legs are negative. | ||
- | Edit | + | __**Cash Calculation**__ |
- | Tick Calculation¶ | + | * **Step 1** - Multiply each leg price by its TickValue |
- | Step 1 - Multiply each leg price by its leg multiplier | + | * **Step 2** - Add all leg values calculated in Step 1, where buy-side legs are positive and sell-side legs are negative. |
- | Step 2 - Add all leg values calculated in Step 1, where buy-side legs are positive and sell-side legs are negative. | + | * **Step 3** - Multiply |
- | Step 3 - Divide | + | |
- | Edit | + | |
- | Yield Calculation¶ | + | __**Decimal Calculation**__ |
+ | * **Step 1** - Multiply each leg price by its leg multiplier. | ||
+ | * **Step 2** - Add all leg values calculated in Step 1, where buy-side legs are positive and sell-side legs are negative. | ||
+ | |||
+ | |||
+ | __**Tick Calculation**__ | ||
+ | * **Step 1** - Multiply each leg price by its leg multiplier and Denominator. | ||
+ | * **Step 2** - Add all leg values calculated in Step 1, where buy-side legs are positive and sell-side legs are negative. | ||
+ | * **Step 3** - Divide the value derived in Step 2 by the first leg's Denominator. | ||
+ | |||
+ | |||
+ | __**Yield Calculation**__ | ||
The yield calculation is the same as the cash calculation, | The yield calculation is the same as the cash calculation, | ||