Dear Stratman,
Thank you for the concise, clear and precise explanation of the issue. We understand what you mean and would like to answer all of the traders that post in this thread.
Suppose your broker / data provider provide quotes with 1/10 pip (5 digits after decimal point on eurusd)
MC7 does not properly handle the rates displayed in 1/10 pip.
A first consequence: if your chart uses a resolution in points, then you have to multiply by 10 the initial value of the desired resolution. Example: You want a resolution of 10 points, then you need to enter 100 points ...
A second consequence: if you use an 'Exit Strategy' (Master Strategy, Stop Loss, Profit Target, etc...) that you want to set in pips, then you must multiply the number of pips per 10. Example: You want to attach a Stop Loss strategy with a value of 30 pips, so you need to enter 300 pips...
And if you enter 30 pips, then your Stop Loss will be executed at 3 pips
![Smile :-)](./images/smilies/icon_smile.gif)
)) (hence the importance of demo accounts)
Dear traders,
To clarify for everyone in a definitive fashion -
this is not a bug. It is an architectural design. While we understand your feelings that it would be move convenient to understand fractions of pips (treat the 5th digit as a fraction, not a whole pip), it is still a new feature that needs to be made, tested and released. There are many other features and bugs in the queue, and in our opinion this one is not critical - it can wait.
To look around what others are doing, TS has exactly the same feature. They count the 5th digit as a point. MT 4 - show us where you can enter the price for an order in pips, because we couldn't find it. You can specify an exact price in MT4, but you can do that in MC as well.
Overall, we agree this can be considered an inconvenience and could be improved, and we'll probably do it some time later. I want to mention that we monitor threads carefully, and we respond when it's needed. Mentioning that an issue is critical many times over doesn't make it more critical. This issue may be critical to you, but it's not critical for the majority of users.