order rejected due to tick size


  • Hi Everyone,

    I hope you're all doing well.

    I've been testing various setups for the past six months, and I've recently encountered an error when attempting to place an order:

    Error: BO: Downticks should be greater than given percentage: Absolute Price: 56.90 Tick Size: 1138 Allowed range -> [0-100: 1.00] [100-500: 1.00] [500-1000: 3.00] [>1000: 3.00]

    I would like to understand how to calculate or evaluate the tick size and range for a stock when placing an order. I'm currently using Python.
    Any insights or guidance would be greatly appreciated!

    Thank you!