Points VS Pips - page 35
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
Same question: how does your percentage relate to a pip?
By the way, the same question to MetaQuotes - how does a pip from MT4/5 turn into a pip in Signals?
And what do you want to prove that 1 point=1pips?
I'm not proving it, I'm just saying that a pip is the last digit of a quote. And if someone claims that the last digit of a quote is a pip, then yes, pip = pip. That's it.
A percentage point (pips) is the result of a calculation and has no direct relation to the last digit of a quote.
By the way, the same question for MetaQuotes - how do they have in Signals, a point from MT4/5 turns into a pip ?
Now that's a valid question )))
The percentage point (pips) is the result of a calculation and has no direct relation to the last digit of the quote.
that is exactly what we are talking about - the term pips, which is misused, nowadays, even by MetaQuotes
I'm not proving it, I'm just saying that a pip is the last digit of a quote. And if someone claims that the last digit of a quote is a pip, then yes, pip = pip. That's it.
A percentage point (pips) is the result of a calculation and has no direct relationship to the last digit of a quote.
So is 100 pips or pips better, in terms of money?
As it turns out, for some people a pip is the last mark, for others it is the penultimate, for others it is a percentage point. Hence, your question is a priori incorrect.
Personally, I tend to believe that a pip is a percentage point. Therefore, you will not hear an answer to your question from me. )))
Forum on Trading, Automated Trading Systems and Strategy Tests
Pip VS Pip
Sergey Tabolin, 2019.09.22 13:43
.......
But the supporters of "pips" would start by agreeing among themselves. Otherwise, some claim that "pips" is the 5th sign, while others claim it is the 4th.
...........
As it turns out, for some people a pip is the last mark, for others it is the penultimate, for others it is a percentage point. Hence, your question is a priori incorrect.
Personally, I tend to believe that a pip is a percentage point. Therefore, you will not hear an answer to your question from me. )))
Right, because your formula that point=pips does not correspond to reality.
It's not my formula - it's the uncertainty of what to call a pip.
Forum on trading, automated trading systems and strategy testing
Punk VS Pip
Sergey Tabolin, 2019.09.22 14:20
I'm not proving, I'm just saying that a pip is the last mark of a quote. And if someone claims that the last mark of a quote is a pip, then yes, pip = pip. That's it.
A percentage point (pips) is the result of a calculation and has no direct relationship to the last digit of a quote.
It's definitely funny how society is divided into two camps: some have the point in the 4th sign and the pips in the 5th, while others have it the other way round. Cool show)