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.
K