MinMove (Reserved Word)

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Returns a numeric expression (whole number) for calculating the minimum movement of the share or contract price for a symbol.  MinMove is the numerator of the formula (MinMove / PriceScale) used to calculate the actual decimal value of the minimum price move.  For example, the returned value of MinMove for the E-Mini S&P is 25, which results in minimum price move of .25 for an E-Mini S&P contract (MinMove divided by PriceScale of 100). Any stock would have a MinMove of 1, which results in a minimum price move of .01 for any stock (MinMove divided by PriceScale of 100).

MinMove

Examples

MinMove / PriceScale calculates the minimum price move for a share or contract.

MinMove / PriceScale * BigPointValue returns the profit or loss value associated with a minimum price move of a share or contract.

 

See Also

PriceScale

PointValue

BigPointValue