R/R Module for Notes/Bonds

[d-day]

Anyone out there figure out how to enter the 10 year note/30 year bond spec's into the risk reward module to enable it to accurately size a notes/bonds trade. I guess I could keep using my head or my calculator, but Im so dang slow about it.

Thanks,

dday

[Matt Bowen]

Hi David,

I'm not sure if this is what you're after...

Table converts Bonds from decimals to 32nds click the link:

http://www.mtptrader.com/32nds.pdf

Hope that helps,

Matt

[d-day]

Thanks for that Matt, but it just doesn't seem to work. Is it possible that the programmer could add a function to the risk/reward module that would compute position size based upon 32nds?

[billm]

Hi David,

For reference you might want to build a spreadsheet for 30yr T-Bonds showing decimal value for 32nds, 64ths for 10yr T-Notes and 128ths for 5 & 2yr T-Notes or combnle them all. You will want to know 128ths especially if you trade the options. (see below, if it displays properly, sic)

After trading them for a while you assimilate the decimal version of the fractions. I would be great if these were dished out to the respective platforms for calculation, I have found it necessary to continue using my old spreadsheets for position sizing calculations as the different RT platforms all have glitches.

128ths 64ths 32nds
1 0.0078125
2 0.0156250 1 0.015625
3 0.0234375
4 0.0312500 2 0.031250 1 0.03125
5 0.0390625
6 0.0468750 3 0.046875
7 0.0546875
8 0.0625000 4 0.062500 2 0.06250
9 0.0703125
10 0.0781250 5 0.078125
11 0.0859375
12 0.0937500 6 0.093750 3 0.09375
13 0.1015625
14 0.1093750 7 0.109375
15 0.1171875
16 0.1250000 8 0.125000 4 0.12500
17 0.1328125
18 0.1406250 9 0.140625
19 0.1484375
20 0.1562500 10 0.156250 5 0.15625
21 0.1640625
22 0.1718750 11 0.171875
23 0.1796875
24 0.1875000 12 0.187500 6 0.18750
25 0.1953125
26 0.2031250 13 0.203125
27 0.2109375
28 0.2187500 14 0.218750 7 0.21875
29 0.2265625
30 0.2343750 15 0.234375
31 0.2421875
32 0.2500000 16 0.250000 8 0.25000
33 0.2578125
34 0.2656250 17 0.265625
35 0.2734375
36 0.2812500 18 0.281250 9 0.28125
37 0.2890625
38 0.2968750 19 0.296875
39 0.3046875
40 0.3125000 20 0.312500 10 0.31250
41 0.3203125
42 0.3281250 21 0.328125
43 0.3359375
44 0.3437500 22 0.343750 11 0.34375
45 0.3515625
46 0.3593750 23 0.359375
47 0.3671875
48 0.3750000 24 0.375000 12 0.37500
49 0.3828125
50 0.3906250 25 0.390625
51 0.3984375
52 0.4062500 26 0.406250 13 0.40625
53 0.4140625
54 0.4218750 27 0.421875
55 0.4296875
56 0.4375000 28 0.437500 14 0.43750
57 0.4453125
58 0.4531250 29 0.453125
59 0.4609375
60 0.4687500 30 0.468750 15 0.46875
61 0.4765625
62 0.4843750 31 0.484375
63 0.4921875
64 0.5000000 32 0.500000 16 0.50000
65 0.5078125
66 0.5156250 33 0.515625
67 0.5234375
68 0.5312500 34 0.531250 17 0.53125
69 0.5390625
70 0.5468750 35 0.546875
71 0.5546875
72 0.5625000 36 0.562500 18 0.56250
73 0.5703125
74 0.5781250 37 0.578125
75 0.5859375
76 0.5937500 38 0.593750 19 0.59375
77 0.6015625
78 0.6093750 39 0.609375
79 0.6171875
80 0.6250000 40 0.625000 20 0.62500
81 0.6328125
82 0.6406250 41 0.640625
83 0.6484375
84 0.6562500 42 0.656250 21 0.65625
85 0.6640625
86 0.6718750 43 0.671875
87 0.6796875
88 0.6875000 44 0.687500 22 0.68750
89 0.6953125
90 0.7031250 45 0.703125
91 0.7109375
92 0.7187500 46 0.718750 23 0.71875
93 0.7265625
94 0.7343750 47 0.734375
95 0.7421875
96 0.7500000 48 0.750000 24 0.75000
97 0.7578125
98 0.7656250 49 0.765625
99 0.7734375
100 0.7812500 50 0.781250 25 0.78125
101 0.7890625
102 0.7968750 51 0.796875
103 0.8046875
104 0.8125000 52 0.812500 26 0.81250
105 0.8203125
106 0.8281250 53 0.828125
107 0.8359375
108 0.8437500 54 0.843750 27 0.84375
109 0.8515625
110 0.8593750 55 0.859375
111 0.8671875
112 0.8750000 56 0.875000 28 0.87500
113 0.8828125
114 0.8906250 57 0.890625
115 0.8984375
116 0.9062500 58 0.906250 29 0.90625
117 0.9140625
118 0.9218750 59 0.921875
119 0.9296875
120 0.9375000 60 0.937500 30 0.93750
121 0.9453125
122 0.9531250 61 0.953125
123 0.9609375
124 0.9687500 62 0.968750 31 0.96875
125 0.9765625
126 0.9843750 63 0.984375
127 0.9921875
128 1.0000000 64 1.000000 32 1.00000

[d-day]

Hi Bill,

Thank you for your suggestion. I have been able to get the MTPredictor R/R module to position size correctly for 30 year bonds using .03125 tick size and 31.25 tick value. For 10 year notes you will need to use .015625 tick size and 15.625 tick value.

I still need to then convert the entry stop and stop loss prices into 32nds to place the trade. But as you mention, the more I use the decimal equivalents, the more readily have I been able to convert them to enter the orders.

That being said, the MTPredictor R/R module will size the position correctly. The solution was far easier than I had anticipated, which is why it took me three weeks of periodically playing with it to get it to work.

I've attached a chart to show MTP position sizing for 30 year bonds on a recent auto DP trade. At the time I had to size the position without the help of the MTP risk calculator because I still hadn't figured out how to set the tick size properly in the calculator. But the MTP risk calculator works beautifully using the values I mentioned above.

Have a great day,

David

[Russell Stagg]

Hi

Just looking to add various Bonds to my trading and can't seem to get the right tick qty / pip value for the R/R module (trading US 30 yr bonds). I have tried DAvid's suggestion below and also $10 value and 1 tick but the calculations in the software are incorrect.