Hi all... So trying to figure out a way to get the value of each tick/point for DAX.,.... My Broker is fxchoice and their ticksize is .01...
I get how to get the value from pairs against my account currency... But just not sure how to figure out the value for DAX... Cause its a constant... Lots of Brokers do $25 for each Pip and each tick=.5 so ($12.5)... But FxChoice is .01.. So it would be easy to assume each tick = 25Cents and each pip = $25... But is there a way to find that out through mt4 so that no matter the broker you use-- mt4 can get that value?
Thanks all..
I get how to get the value from pairs against my account currency... But just not sure how to figure out the value for DAX... Cause its a constant... Lots of Brokers do $25 for each Pip and each tick=.5 so ($12.5)... But FxChoice is .01.. So it would be easy to assume each tick = 25Cents and each pip = $25... But is there a way to find that out through mt4 so that no matter the broker you use-- mt4 can get that value?
Thanks all..