5 digit brokers are real

[kastor]

When opening orders, moving stop loss and take profit, etc. The parameters for pips don't take 5 digit brokers into account. So, if I wanted to set up a trailing stop to follow 50 pips behind the current price on a broker that quotes in 5 digits, the generated expert advisor would instead trail by 500 pips... which is a huge difference.

http://i.imgur.com/OSEOlyj.png

[miro1360]

what about play with settings in:
Options - This Project - Project Options - "Point format rules"?

[fxDreema]

Yes, in fxDreema you define the size of one pip. In these settings you can say to the EA to convert certain points format to pips. I remember that back then in MetaTrader they never used "pips" as a term, they used the word "points". So, by "points" I mean the real difference between two prices, like these 500 points in 5 digit brokers. By "pips" I imagine 0.0001 in most USD currency pairs, no matter if the broker is 4 or 5 digit.

http://www.investopedia.com/terms/p/pip.asp