Just curious, have you ever asked your broker concerning this? Normally brokers provide info on this. .
Just curious, have you ever asked your broker concerning this? Normally brokers provide info on this. .
simply google tick value calculation and drop on your chart than calc by lot dimensions. I am sure others can do math better than me, but why bother! -
https://www.forexsoutheast.asia/atta...1138857175.mq4
Are there some trading platform in which you just inform your stop loss and your maximum loss (for instance you are risking 2%) and the platform computes for you just how many lots do you have to trade? I'm asking for a platform which you can utilize using a demo account.
Perhaps you have tried NT7? You can code this using C# if you understand how to code. If not, there's a forum and/or service team is useful if unable to work out yourself
@demons19Originally Posted by ;
Smallest trade that IBFX allows is $100 = $0.01 per pip.
Http://orig.ibfx.com.au/Trade/Contract-Sizes
This explains the difference in calculations.
P. S. 11,000 pips DD. oh.