Thanks for your reply, sir.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
СFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.
Partners Live Chat Contacts. Important Announcements Full calendar. For forex, the Pip Calculator works as follows: Thank you for your awesome website and generosity to share such highly valuable information. The crosshair can be toggled via the toolbar too. Instead of clicking the mouse scroll. Because, i have come across mouse without scroll mini one — laptops usage and also some mouse with scroll but really arent click-able.
I was thinking about an useful tool to trade multiple and simultaneously orders after the news release. The idea it is like this: So to prevent this if there will be a script or something similar we can anticipate and create some orders in advance, after on the right time with just one click we put them on the market. Do you know if on MT4 we can do that or if there is any script to do it?
Hi Oluwayemsi and Chris, What I found very useful is the step by step tool for testing a strategy. Slide back on any chart and to analyse candle by candle until you locate the appropriate setup. Simulate a trade and continue with the step tool and observe the result. Appreciate this to the bone. The number shows the pip number. First of all, I want to compliment you. My broker ask me to select the currency values the decimal numbers where I want to put my stop loss and target.
Kind regards and sorry for my bad english. For example, you have a long position and your entry price is 1. Therefore, your TP has to be 86 pips which is 1. Hi Chris, From this example, the difference between 1. Then multiplying by the that you taught in the above article, 0. Thanks for your reply, sir. Your example is about pair with 4 decimals, but what about the pairs with 5 decimals in them?
I have a short position, my my entry price is 0. My stop loss is 0. I want my Take profit to be twice my stop loss:. So, I should do: Which means my take profit should be put at 0. Can you, please, tell me how do you usually do your calculations? Do you have a digital calculator on your platform? Kind regards and thank you again. When there is 5 decimals, then 1 pips means 10 points.
So pips TP is points. Therefore, your TP should be placed at 0. Can you explain me why 1 pip mean 10 point where there are 5 decimals? And about the currencies with 4 or 3 decimals? Do I have to make the calculation you did in your first comment? Thanks for your kindness. Hi Chris, the crosshair is great, but I have problems locating the price level where I had put the take profit. The tp was at 1.
How can I do? Is there some other simpler way to calculate my pips? I really need your help. It is the first time I hear this problem. MT4 places dashed line where the entry, stop loss and TP are. If you over your mouse pointer on each dashed line, then you will see the order info. Hi Chris, this is really killing me.
I mean, there must be something wrong. I just took another position, to try again. I counted a take profit of 29 pips. Besides, if they were really pips, it would be a profit of bucks, not 28, cause when you take a 0,1 lot, one pip is 1 buck. But when you divide the decimal by 10 in order to know your sl and tk profit pips, do you ignore the last decimal?
Now, I have to try another broker and see what happen. Thanks anyways for your precious help. Someone can tell me why, when you open a new metatrader account, it always gives you two password? What is the purpose of the second password? The second password which is called investor, is a read only password. It means if you login through it, you can only see the trades and open positions, but you cannot open or close any positions.
Hi Chris, Thank you so much of the above reply to Andrew2, it help me much of my practice trading journey. Hi Chris Thanks for the explanation but my question is do you always have to multiply by as you have it in your narration? Len I have the same problem. Would you be able to give as an example how to go from 5 digit to 4 digit.
Great site and great info! Happy that I stumbled upon it! Everything else is credit. And once you realize this, you will never be poor again. This is how you can calculate the pips between two points on the price chart of the MT4 platform: For example, the distance of 1.
Please scroll down to watch the video. MT4 supports a tool which is very easy and fast. To use this tool, you have to press the mouse wheel to turn on the crosshair cursor.4 мар символах в валюте депозита. - Скачать бесплатно индикатор 'Simple Pip Value Calculator' от 'Filter' для MetaTrader 4 в MQL5 Code Base. индикатор форекс Simple Pip Value Calculator для mt4. MT4 для PC · MT4 для Mac · Мультитерминал МТ4 · MT4 WebTrader · MT4 для iPad · MT4 для iPhone · MT4 для Android · MT4 для планшетов на Android. 301 302 303 304 305