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How can I convert a price ladder (DOM) price to an exact price on the bonds? Example I see 118'015 as the close price but need to compare that to an indicator value price of 118.0892394?
I can't due pure math of close price - indicator price as it would be the wrong result.
How can i compare these values or convert the price so that I can?
NinjaTrader_Jason
04-17-2009, 04:05 AM
Hello ct,
Prices in the SuperDOM are displayed in increments of '005. Each point has 64 ticks, which results in:
115'000 - 115'005 - 115'010 ........115'310 - 115'315 - 116'000
An increment of '005 represents 0.015625.
For example, 112'245 =
245 / 5 = 49
49 X 0.015625 = 0.765625
So 112'245 represents 112,765625.
Jim W.
04-17-2009, 08:17 AM
U.S. Treasury Bonds futures are quoted in 32nds and halfs of 32nds not 64ths. So, you will never see a fractional value greater than '315. You can confirm at www.cbot.com/cbot/pub/cont_detail/1,3206,1526+14431,00.html (http://www.cbot.com/cbot/pub/cont_detail/1,3206,1526+14431,00.html) .
The decimal conversion calculation in the previous post yields the correct result as will fraction / 320.
118'015=118.046875
112'245=112.765625
Can I just use a moving average with 1 bar or some other indicator?
NinjaTrader_Jason
04-17-2009, 01:11 PM
You can use a SMA with period set to 1 and set 'Calculate on bar close' to False.
However the price marker will partially block the SMA marker.