PointValue (Reserved Word)

$image\trumpet2.gif$ Disclaimer

Returns a numeric expression representing the market value of one PriceScale unit (defined as a Point is EasyLanguage) for a particular symbol. PointValue is equivalent to BigPointValue / PriceScale. A stock would have a PointValue of .01.

The PointValue is not always the same as the minimum move value. To calculate the minimum move value for a share or contract, multiply PointValue by MinMove. For example, for the E-Mini S&P with a PointValue of .50, the minimum move value is 12.50 (MinMove * PointValue) based on a minimum price move of .25 per contract .

PointValue

Examples

PointValue * MinMove returns the market value of the minimum price move.

PointValue * PriceScale returns the market value for a full point price move.

PointValue (Reserved Word)

Examples

See Also