You can set the “horizontal grid line” in NinjaTrader by Right-Clicking on the chart, then at the bottom of the little popup menu, select “Properties…”. You find the setting for the horizontal grid line about in the middle of that option list.

I use only 5 on EUR/USD, both 4 and 5 pips on the EUR/JPY. Sometimes In notice that prices is continually “touching” a 4 pip “grid” or a 5 pip “grid” on the EUR/JPY and I may adjust the grid accordingly. But, don’t go randomly changing it. Once you have begun “training your brain” on a 4 or 5 pip grid on EUR/JPY, leave it along.

Part of the reason I post both 4 and 5 pip grids is because some people who have attended a workshop with me have expressed a strong preference for one or the other, and I try to accommodate each with the trade examples I post.

Don’t dwell on this one. It’s basically unimportant to making trading decisions. Use a 5 pip on both the EUR/USD and EUR/JPY, and you’ll be fine.

-Greg