PIP VALUE

bourgenot · Post by **bourgenot** » Sat Jun 14, 2014 11:17 am

Hello everyone! I have a question can be stupid (SORRY): one PIP is how many EURO? Thank you for your answers. Good weekend! Bourgenot

Post by **milanese** » Sat Jun 14, 2014 11:56 am

bourgenot » Sat Jun 14, 2014 11:17 am wrote:Hello everyone! I have a question can be stupid (SORRY): one PIP is how many EURO? Thank you for your answers. Good weekend! Bourgenot

you can take a look here http://www.babypips.com/tools/forex-cal ... pvalue.php

Cheers

Tommaso

bourgenot · Post by **bourgenot** » Sat Jun 14, 2014 12:09 pm

Thank you very much for help, but I have a bit of hard to understand, if you could show me an example, I thank you again ...

Post by **milanese** » Sat Jun 14, 2014 12:29 pm

bourgenot » Sat Jun 14, 2014 12:09 pm wrote:Thank you very much for help, but I have a bit of hard to understand, if you could show me an example, I thank you again ...

if your pair is in the format XXX/USD the price per pip will be:

Standard Lot(1) ($100,000) = $10 per pip
Mini Lot (0.1)($10,000) = $1 per pip
Micro Lot(0.01) ($1,000) = $0.10 per pip

If you want the pip value in EUR just do at exp for 1 lot: 10USD/1.35414= 7.38 EUR

Cheers

Tommaso

Post by **milanese** » Sat Jun 14, 2014 12:35 pm

Time ago I modified this indicator for a user, maybe you will find it helpfull...

LotCalculationIndi.mq4

Cheers

Tommaso

bourgenot · Post by **bourgenot** » Sat Jun 14, 2014 2:02 pm

WAOUH! I'm glad THANK YOU VERY MUCH!