Symbol Specification Checker
Check one manually entered broker symbol specification, derive point, tick, pip and notional relationships, and compare a proposed volume with the entered dealing grid.
Enter the symbol specification
Copy the values from the exact broker entity, account type, platform and symbol suffix you intend to use. Every field remains user-entered and unverified.
Symbol check
MT Setup Audit 1.0.0.
| Check | Entered or derived value | Status | Explanation |
|---|
How the specification is checked
Minimum price changes per pip = Pip size ÷ Minimum price change
Pip value per lot = Entered tick value × Minimum price changes per pip
Base units = Contract size × Proposed volume
Minimum, maximum, step and any directional limit use an exact integer decimal grid of up to eight places.
MQL5 SYMBOL_TRADE_TICK_SIZE is a price change. Legacy MQL4 MODE_TICKSIZE is documented in points, so convert that count into price units before entry.
Worked example from the audited fixture
Suppose EURUSD has a 100,000-unit contract, 0.00001 point and minimum price change, a 0.0001 reporting pip, and an entered tick value of $1 per lot. The checker derives 10 points and 10 minimum price changes per pip, so the entered-value pip value is $10 per lot. A proposed 0.30 lot position represents 30,000 base units, $32,550 of simple quote notional at 1.0850, and $3 per pip. If 1.20 lots are already open in the same direction, the proposed total is 1.50 lots.
How to interpret the result
The example passes its 0.01-to-100.00 volume grid and entered 50-lot directional limit, but that result validates only the copied arithmetic. It does not confirm the tick value in every profit/loss context, calculate margin, or predict whether the broker server will accept an order.
Assumptions and limits
- No broker, terminal, Market Watch, symbol suffix or account property is read.
- One entered tick value does not represent separate profit-side and loss-side tick values.
- Reference-price notional is a simple contract-size multiplication and is not margin.
- The aggregate directional check uses only the current same-direction volume you enter.
- A valid volume can still be rejected because of margin, trading mode, order mode, market state or server rules.
Frequently asked questions
- It is the platform and broker property set for an instrument, including point size, contract size, tick value and permitted volume values.
- No. Every value is copied and entered manually, so you must verify the platform, entity, account type and symbol suffix.
- Point size is a platform price increment. Pip size is the price unit you choose for pip reporting; the page derives their ratio instead of assuming one universal convention.
- Enter the smallest price change in price units. For legacy MT4 MODE_TICKSIZE, which is documented in points, multiply the point count by point size first.
- One entered tick value per lot is multiplied by the number of minimum price changes inside the entered pip size.
- MQL5 describes it as the aggregate open-position and pending-order volume allowed in one direction for a symbol. Enter zero or leave it blank when it is unavailable.
- No. Quote notional is proposed base units multiplied by the optional reference price. Margin follows separate broker and account rules.
- No. The page does not call OrderCheck, send an order or evaluate every broker and server condition.
Sources and methodology
- MQL5 Reference — Symbol Properties — Official point, tick, contract, volume and stop-level properties.
- MQL4 Reference — Symbol Properties — Official MODE_POINT, MODE_TICKVALUE, MODE_TICKSIZE and lot-grid definitions.
- MQL5 Reference — OrderCheck — Official server-request check whose success still does not guarantee execution.
Continue MT4 / MT5 planning
Verify platform and broker rules
Confirm the exact broker entity, account, platform, symbol specification, EA inputs and order rules before relying on an entered check.
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