value of pipsize

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    kevin12345kevin12345
    Participant
    Average

    hi,

    is pipsize equal to 0.0001? so if i want to state 2 pips it will be 2*pipsize = 2*0.0001 = 0.0002? and for asian currencies would i need to do 200*pipsize?

     

    thank you

    #163771 quote
    robertogozzirobertogozzi
    Moderator
    Legend

    Just add this indicator to your chart:

    RETURN PipSize AS "PipSize"

    you will find out what’s its value for Eur/Usd, Eur/Jpy, Dax, Nasdaq, AAPL, etc…

    Using PipSize in your code will help you greatly!

    Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. I moved it from the Frenche forum to the English one.

    Thank you 🙂

    #163781 quote
    NicolasNicolas
    Keymaster
    Legend

    You can retrieve the pipsize of any instrument by hovering your mouse over the “i” icon that stands next to the instrument name.

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value of pipsize


ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
has 3 voices, and was last updated by NicolasNicolas
5 years, 6 months ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/11/2021
Status: Active
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