Forex Symbology (Reference Only - Trading Not Available)
TradeStation continues to provide access to Forex symbols for charting, analysis, and market research purposes, allowing users to monitor and study Forex market activity directly within the platform. While Forex trading is no longer supported, these tools remain available to support market insight and analysis.
General Forex Symbol Customize
The symbology for forex symbols is a six-character symbol consisting of two three-character pairs. The first three-characters is the base currency, and the second three-character is the counter currency.
[3-character Base Currency][3-character Counter Currency].O
Examples:
| EURUSD | Represents the Euro valued in US Dollars. |
| USDJPY | Represents the US Dollar valued in Japanese Yen. |
| .O | Items in Italics are Optional. |
Although trading is not supported, understanding symbology remains important for analyzing historical price movements, studying correlations, and developing or reviewing strategies.
When analyzing forex data alongside accounts denominated in a different currency, currency conversion may still be relevant for theoretical P/L evaluation. For more information, see to Currency Conversion.
When overnight forex positions are considered in strategy backtesting, a rollover adjustment is applied to both long and short positions. These are reflected in the data and should be considered when analyzing results.
Symbology expressions
In the Symbology expressions:
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[x] denotes a placeholder that should be replaced with an actual value.
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Brackets ([ ]) are not part of the literal expression
Example: [Symbol root] -> replace with a symbol such as EURUSD.
Extensions After Decimals
The data in the chart for a forex symbol is the Bid stream, and you can plot the Ask stream using a symbol extension of .A, e.g. EURUSD.A, or the Midpoint between the Bid and the Ask ((Bid + Ask)/2) using .M, e.g., EURUSD.M.