Pip value calculation? - Page 2
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Thread: Pip value calculation?

  1. #11
    Just curious, have you ever asked your broker concerning this? Normally brokers provide info on this. .

  2. #12
    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

  3. #13
    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.

  4. #14
    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

  5. #15
    Quote Originally Posted by ;
    Can somebody answer a question for me....its been my understanding that: The pip value is as follows; 1 lotsize = $100K = $10 per pip 0.1 lotsize = $10K = $1 per pip (lowest on my mini) 0.01 lotsize = $1K = $0.10 per pip (lowest on my micro) Is it possible for another broker to have differant values? I ask because in testing a EA on a micro account, the suggested size is 0.01 which is the lowest on my micro account. There's currently a DD of $ 11,000 pips or $1100. The creator of the EA asserts the DD needs to be just $110 even though our settings...
    @demons19

    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.

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