pipvalue=pointvalue

• 07/03/2019 at 12:02 PM #101869
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  Hi all,  a point that may be of interest.

  So in the prorealtime pdf programming guide, and online here https://www.prorealcode.com/documentation/pointvalue/

  it says that pipvalue=pointvalue

  I was running this code below to help calculate overnight fees

  If longonmarket and time = 000.000 then LF = (((Countoflongshares * pipvalue * (close/pipsize)) * (((BrokerFee/100) + (Libor/100))/365))*100)/100 else LF = 0 endif

  1 2 3 4 5

  If longonmarket and time = 000.000  then LF = (((Countoflongshares * pipvalue * (close/pipsize)) * (((BrokerFee/100) + (Libor/100))/365))*100)/100 else LF = 0 endif

  Market was FTSE 100 Cash (A$1)

  And I was having a hell of a time getting a zero response from this and not knowing why.

  So I got to work graphing the inputs, and bingo.

  Turns out (at least for this market) that pipvalue does not equal pointvalue.

  What is intersting, is that for this market pipsize=pointsize.

  It would have made more sense to me if both didn’t work.

  So, maybe as a rule, leave pips for forex (?), and points for other markets, even though the manual says that they should be the same? Or just manually enter these values (not preferred if there is then a sudden value change by broker).

  Cheers,

  Finning.

   

  PS – you can’t delete attachments in edit mode either? Attached too many times…

  

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  07/03/2019 at 1:14 PM #101880
  robertogozzi

  It’s a mess, can you post it again?

  

  robertogozzi

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  07/03/2019 at 4:18 PM #101889
  Nicolas

  So what is pipvalue for this market?

  GRAPH pipvalue GRAPH pointvalue

  1 2	GRAPH pipvalue GRAPH pointvalue

   

  

  Nicolas

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  07/03/2019 at 6:56 PM #101910
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  Hi Nicolas,

  Yes that is what I graphed-the graph of those two values-and also for pipsize and pointsize-value for those are there as well-the value of them in the picture thats atrached.

  I don’t have any proof of it-ie-a screenshot of a graph of these values-but I swear that a week ago-i’ve been away for a week-that I didn’t have this problem and pipvalue=pointvalue. Can’t prove it but I’m sure that that was the case.

  

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  07/03/2019 at 8:29 PM #101918
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  Another screen capture of the graph of this :

  GRAPH pipvalue GRAPH pointvalue

  1 2	GRAPH pipvalue GRAPH pointvalue

  Just to confirm what I’m seeing.

   

  

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  07/04/2019 at 8:32 AM #101942
  Nicolas

  Problem was due to the new engine. Pipvalue should now return the correct value (or will be if the new version is not yet published in your country/broker).

  I confirm that PIPVALUE = POINTVALUE.

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  07/04/2019 at 10:22 PM #101994
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  Cheers Nicolas,

  thanks for following this up.

  

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