Hello Guys

I am having big time difficulty trying to find out the formula for pip value for cross currency. Can any one give me an indication of mt4 equivalent for that formula

Account currency: GBP

Cross intrested: USD/JPY, EUR/JPY and GBP/JPY

I am trying to create an indicator which will enable me to tell the position size based on say 500 gbp risk on a trade on the above crosses?

Would really appreciate

Thanks

I am having big time difficulty trying to find out the formula for pip value for cross currency. Can any one give me an indication of mt4 equivalent for that formula

Account currency: GBP

Cross intrested: USD/JPY, EUR/JPY and GBP/JPY

I am trying to create an indicator which will enable me to tell the position size based on say 500 gbp risk on a trade on the above crosses?

Would really appreciate

Thanks