Tick-to-Dollar Converter

How to use this tool

1. Select whether the tick movement is favorable or adverse.
2. Enter the tick count measured from the planned or actual price movement.
3. Copy the correct dollar tick value and minimum tick size for the contract.
4. Enter whole contracts, round-turn fees, and expected slippage.
5. Review gross movement, costs, and the signed net estimate.
6. Use related profit, break-even, and quantity tools to complete the risk workflow.

See the calculation in context

Twenty ticks at $5 per tick across two contracts equal $200 gross movement. With $8 fees and $10 estimated slippage, favorable net movement is about $182.

Calculation method

Gross dollar movement = ticks × tick value × contracts. Favorable net result subtracts fees and slippage. Adverse net result includes the market loss plus fees and slippage. Price movement = ticks × minimum tick size.

Common mistakes

1. Using points when the field expects ticks
2. Using tick size as though it were dollar tick value
3. Forgetting that costs increase a loss
4. Using a full-size contract value for a micro contract
5. Ignoring contract quantity
6. Assuming slippage will always equal the estimate

Questions and answers