20 ticks of MES is worth $25.00 in Tradovate, because MES pays $1.25 per tick and 20×1.25=2520\times 1.25=2520×1.25=25.

Quick math

  • 1 MES tick = $1.25.
  • 20 ticks = 20 × $1.25 = $25.00.

Useful note

If you meant points instead of ticks, MES is different: 1 point = 4 ticks = $5.00.

Tradovate context

Tradovate’s MES market page confirms the MES contract information, and Tradovate forum discussions also reference the same MES tick value.