Open P&L (ticks) ignoring contract quantity

Futures Trading Platforms Rithmic Trader (R | Trader) and RAPI
1

Is it possible to see the tick value on the Open P&L value in ticks or points to see it as if I were trading only one contract?

For example: I’m Long on 2800 in the ES with 4 contracts.

If price moves to 2802, the Open P&L value in ticks will show 32. Is it possible to setup R-Trader to see 8 ticks on P&L value?

1 Like
2

Hello @HedgeHound,

I wanted to firstly thank you for your patience while waiting for a response from us and I also wanted to thank you for your question. Welcome to the community forum!

Yes, you can see tick value and points value in regards to Open P&L on R Trader or R Trader Pro!

Please take a look at the DOM below and let me know if this is what you were looking for:

image
image522×1000 50 KB

Simply just click on the P&L “field” or column on the R Trader order book to reconfigure how your PL is displayed. You can display in ticks, points, currency, Total P&L, and more.

I hope this is what you were looking for! If I misunderstood your question, is it possible for you to rephrase it or provide a screenshot example?

Thanks,
Jake
Optimus Futures Support :optimus_logo_no_backroug:

1 Like
3

Hi! Thanks for the welcome! I’ll rephrase my question in regard to your image… There you’ve gone long in 2545.75, the price is currently at 2548.00, so the price moved 9 ticks, not 36… It is showing you 36 ticks because you have 4 contracts… I would like it to show 9 ticks in the “Open P&L”. I’m using R Trader Pro.

1 Like
4

Hi @HedgeHound,

Thanks for clarifying!

As far as I know, there is not a way to display ticks while ignoring contract quantity. I’ve tried configuring with it a bit and it seems like it multiplies your ticks x contract size no matter the situation.

I would like to think there is some sort of configuration or customization for this setting though, so let me play around with it a bit more and I will also try to reach out to Rithmic about this to see if we can come up with a solution for you!

Thanks for your time,
Jake
Optimus Futures

1 Like
5

Just adding my 2 cents…

P&L needs to show Profit and Loss. 9 Ticks would represent the points market moved from your entry, but it is not your P&L. I see this as an added feature such as “Points Moved from Entry” or something similar, but the P&L should include your total loss or profit whether in ticks, points or dollars.

Thanks,
Matt Z
Optimus Futures

1 Like
6

Hi guys, It would be great to get a solution for that, I keep looking forward to it! And thanks in advance!

2 Likes