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    Pips Distance and Value

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    • V
      VendettaFX last edited by

      Hi guy,
      i made an EA that open and manage position from pending orders.
      I put the Open price of the first order of the instrument in a variable in the "On Trade" tab and then calculate the distance from the first order when i open a new one in the "On Tick" tab. And then convert the result in pips by dividing the absolute result by /Point. 1d7a20e2-66c3-404a-a8a7-461f64604fbf-image.png
      My problem is that for gold i get 1 pip for 1 cent which is what i am looking for but for forex pairs i get point value instead.
      Is there a solution to have Pips for both?

      https://fxdreema.com/shared/CNS9jSiMc

      1 Reply Last reply Reply Quote 0
      • Morpheus_0
        Morpheus_0 last edited by

        I think Gold is 10 as apposed to 1 for other pairs...

        For example: The Spread for EURUSD can be 1 whereas on Gold it will be 10....

        Hope that helps*

        l'andorrà 1 Reply Last reply Reply Quote 0
        • l'andorrà
          l'andorrà @Morpheus_0 last edited by

          @Morpheus_0 Correct, pip size rules for gold are usually different than those for forex symbols in most brokers.

          (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

          (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

          (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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