PnL on futures is calculated using the formula: PnL = (Exit Price - Entry Price) × Tick Value × Number of Ticks per Point × Contracts.
Each futures contract has a specific tick size and tick value. Here are the tick values of every instrument available on MILTRADERS:
Equity indices
ES (S&P 500): tick = $12.50 / MES (Micro) = $1.25
NQ (Nasdaq 100): tick = $5.00 / MNQ (Micro) = $0.50
Crypto
BTC (Bitcoin): tick = $25.00 / MBT (Micro) = $0.50
Metals
GC (Gold): tick = $10.00 / MGC (Micro) = $1.00
SI (Silver): tick = $25.00 / SIL (Micro) = $5.00
HG (Copper): tick = $12.50 / MHG (Micro) = $1.25
PL (Platinum): tick = $5.00
Energy
CL (Crude Oil): tick = $10.00 / QM (E-mini) = $12.50 / MCL (Micro) = $1.00
NG (Natural Gas): tick = $10.00 / QG (E-mini) = $12.50
HO (Heating Oil): tick = $4.20
RB (RBOB Gasoline): tick = $4.20
Example: If you buy 1 ES at 4500.00 and sell at 4505.00, you gain 5 points = 20 ticks × $12.50 = $250 profit (before commissions).
Volumetrica displays your live PnL in real time on the platform, so you can monitor your performance trade by trade.