Hey guys,
Does anyone know a way of measuring distance on a chart excluding pips?
I am looking for specific setups after initial big moves, I could measure pips from a certain point but then this pip value will prob be different for all charts as soke currency pairs move a lot more/have a greater daily range then others.
I'm looking for a consistent way of being to able measure price between 2 points across multiple charts.
Any recommendations?
- Measuring the price difference between a line and a bar
- LET'S SAY THAT ...
- Average Daily Range Indicator/Calculator
Your post makes no sense. It doesn't matter if you measure the road in inches, furlongs, or miles, you are measuring the same amount, only the units are different.
Pips is a constant unit of distance. Points is not constant (4 vs 5 digit brokers.)
What is a TICK? - MQL4 and MetaTrader 4 -
MQL4 programming forum
Adam Westrop:
Hey guys,
% of price
Hey guys,
Does anyone know a way of measuring distance on a chart excluding pips?
I am looking for specific setups after initial big moves, I could measure pips from a certain point but then this pip value will prob be different for all charts as soke currency pairs move a lot more/have a greater daily range then others.
I'm looking for a consistent way of being to able measure price between 2 points across multiple charts.
Any recommendations?
I would say % too, to have a consistent result that dosnt differ
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register