Showing results in pips
Showing results in pips
is there any way i can retrieve netprofit and openpositionprofit in PIPS rather than in current account currency ?
- Bruce DeVault
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Divide by BigPointValue to translate P/L to points, then divide by MinMove/PriceScale to translate the points to pips.
Bear in mind, MultiCharts doesn't yet have currency conversion features per se, so conversion rates are always fixed if you're trying for instance to convert from EUR/JPY back to USD.
Bear in mind, MultiCharts doesn't yet have currency conversion features per se, so conversion rates are always fixed if you're trying for instance to convert from EUR/JPY back to USD.
- Bruce DeVault
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- Joined: 19 Jan 2010
- Location: Washington DC
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Yes, that's the answer in ticks. If you have spot forex data that's in "1/10 pips" e.g. 0.00001 instead of 0.0001 for EUR/USD, you might want to divide the pips result by 10 to adjust for that, but otherwise, pips would be equal to ticks. Some will prefer to algebraicly rearrange it to multiplication instead of division, but it's the same answer either way.
- Bruce DeVault
- Posts: 438
- Joined: 19 Jan 2010
- Location: Washington DC
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