Any indicators that calculate each pair's pip value? | Forex Factory

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Any indicators that calculate each pair's pip value?

  • #1
  • First Post: Mar 15, 2011 3:08am Mar 15, 2011 3:08am
I only know some online pip value calculators. Pip value is related to the current price. so it's not fixed. Is there any indicator to calculate each pair's pip value?
  • #2
  • Mar 15, 2011 3:15am Mar 15, 2011 3:15am
here is some online pip value calculators, some pairs require current price, some pairs don't. weird?

http://www.goforex.net/pip-calculator.htm

http://www.earnforex.com/pip-value-calculator
  • #3
  • Mar 15, 2011 1:27pm Mar 15, 2011 1:27pm
Quoting bobowang
Is there any indicator to calculate each pair's pip value?
This one does (amongst other things). In the screenshot, the pip value is the third column from the right. You can configure which columns you want to show.
  • #4
  • Mar 16, 2011 11:07am Mar 16, 2011 11:07am
Quoting hanover
This one does (amongst other things). In the screenshot, the pip value is the third column from the right. You can configure which columns you want to show.
THANKS SOOOO MUCH
  • #5
  • Mar 23, 2011 6:34am Mar 23, 2011 6:34am
i just wrote one myself!!
it's pretty easy!!! there is a function in MT4.ha, so we don't need to use a special formula to calculate it.

int spread=MarketInfo(Symbol(),MODE_SPREAD);
double pipValue = MarketInfo(Symbol(), MODE_TICKVALUE);
Comment("Spread: " + spread + " PV: " + DoubleToStr(pipValue,3));
Attached File(s)
File Type: mq4 pipvalue and spread.mq4   2 KB | 2,555 downloads
  • #6
  • Aug 13, 2011 2:17am Aug 13, 2011 2:17am
Hi,

I hope someone is able to help me finding a solution for this: I have a ready prepared excel sheet that derives bid and ask prices from MT4 using this formula =MT4|BID!AUDUSD . When I open the sheet everything is normal but as soon as I give permition to connect with MT4, the numbers change in a way that the are not usable any more. While the formulas are still the same the layout (dots instead of comma,s ) has changes in some of the pairs but not in others???look at this: http://screencast.com/t/Cuv84lxAvVj http://screencast.com/t/Cuv84lxAvVj
compared to this : http://screencast.com/t/DxkgKiFDb

Thanks,

Ben
  • #7
  • Aug 13, 2011 3:16am Aug 13, 2011 3:16am
Quoting campco
Hi,

I hope someone is able to help me finding a solution for this: I have a ready prepared excel sheet that derives bid and ask prices from MT4 using this formula =MT4|BID!AUDUSD . When I open the sheet everything is normal but as soon as I give permition to connect with MT4, the numbers change in a way that the are not usable any more. While the formulas are still the same the layout (dots instead of comma,s ) has changes in some of the pairs but not in others???look at this: http://screencast.com/t/Cuv84lxAvVj http://screencast.com/t/Cuv84lxAvVj...
You may need to alter your regional settings and if you are using Excel 2007 you can have a look in advanced options - there is an option to use system separators.

Hope this helps
  • #8
  • Aug 13, 2011 7:02am Aug 13, 2011 7:02am
Thanks One Day!,

I tried to find what you're talking about but I guuess my excel/MT4 knowledge is too little for this. What do you mean by regional settings, and is this withing Excel or within MT4 platform.
As for Excel, I'm using the latest version excel office 2007 but do not know what you mean by System Seperator and where to find it (I have a Dutch version and the translation doesn't help me much).

Regards,

Ben
  • #9
  • Aug 13, 2011 7:54am Aug 13, 2011 7:54am
you need to change decimal separator from "," to "." in Excel Options
  • #10
  • Aug 13, 2011 9:30am Aug 13, 2011 9:30am
OK Thanks,

I wasn't able to change the decimal separator in the excel 2007 but had to do it in the computer it self; configure the region settings!. Thanks again. Simple but I needed this little push. Now it works perfectly!!!

Regards,

Ben
  • #11
  • Last Post: Aug 13, 2011 2:53pm Aug 13, 2011 2:53pm
Quoting campco
OK Thanks,

I wasn't able to change the decimal separator in the excel 2007 but had to do it in the computer it self; configure the region settings!. Thanks again. Simple but I needed this little push. Now it works perfectly!!!

Regards,

Ben
Hi Ben,

I don't know what the Dutch interface looks like but, on my version you click on the Office button (step 1 on the image below), then select excel options on the window that pops up. Your screen will look something like the image below now. Next, select advanced (step 2 on the image).
_
Attached Image (click to enlarge)
Click to Enlarge Name: options.png Size: 210 KB


Doing so will take you to a window like the one below where you can either use your default separators, or define your own.
_
Attached Image (click to enlarge)
Click to Enlarge Name: Separators.png Size: 223 KB


I hope this explanation helps....

Regards

Aiden
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