Stoopid Newbie Questions about IBFx New 5 Decimal Place Feed

Hi guys.

I heard IBFx are updating their feed to 5 Decimal places. April 12th for Demos and May 17th for Live.

So I have been checking through some indies and EAs that I use to make sure they will keep working as expected when I realized I am not that sure exactly what this will mean. ( Sorry …. Newbie programmer ). So hopefully someone can clarify for me.

I realize that I could open a demo with a 5 decimal place broker… but I don’t want to get too confused… (or maybe Im just being lazy) … LOL ….. anyway … if someone could answer these simple questions it would be much appreciated.

For EURUSD ( currently a 4 dp pair... will become a 5 dp pair)

int idigits = MarketInfo(“EURUSD”,MODE_DIGITS); currently returns 4. After update will return 5 ?

double diClose = iClose(“EURUSD”,0,0); currently returns 1.3486. will return 1.3486X ?

double dpoint = MarketInfo(“EURUSD”,MODE_POINT); currently returns 0.0001. will return ... NOT SURE ... will it be the same or 0.00001 ?

double dspd = MarketInfo(“EURUSD”,MODE_SPREAD); currently returns 2. will return ... NOT SURE ... will it be same or 20 ?



I am sure I will be able to apply any clarification to the 2 dp pairs (jpy) so I wont duplicate the questions here for those pair groups.

Many thanks in advance.

OK I figured it out

double dpoint = MarketInfo(“EURUSD”,MODE_POINT); currently returns 0.0001. will return ... NOT SURE ... will it be the same or 0.00001 ?
WILL RETURN 0.00001

double dspd = MarketInfo(“EURUSD”,MODE_SPREAD); currently returns 2. will return ... NOT SURE ... will it be same or 20 ?
WILL RETURN 20

So now for my next stupid question ... which I suppose I will have to ask IBFx ... unless anyone knows in advance of Monday ...

Will All pairs be increasing to 3 and 5 dp's, or just some leaving some as they were originally and some with the new feed dp's.

All pairs.

Thanks

Do a search on the programming forum, the code to add to any indicator based on "point" calculations so it works with either 4 or 5 decimal platforms has been given in several threads.

Here are two versions:

http://www.forexfactory.com/showthread.php?t=160416

http://www.forexfactory.com/showthread.php?p=2665028

but there's one better and shorter code, based on "Digits" (I think it was given by Zen Leow but am not 100% sure).

I use "digits" to convert pips from input parameters(which is for 4 dp) during initialization
and i use "point" to make it flexible for any dp on the main function

This isn't a stupid question, in fact there are still people confused over this especially when it comes to obtaining spread info using MarketInfo.

What I do is place the below code in global scope

then the below code in the init()

with the above,

whenever I need call for "Point", my codes will also multiply(*) that equation by the PipFactor

e.g.


whenever I need to call for "MODE_SPREAD", my codes will also divide(/) that equation by the PipFactor.
e.g.

such implementation ensures your EA or indicator to work on both fractional (3 or 5 digits) or non-fractional (2 or 4 digits) brokers.

regards,
Zen