Points VS Pips - page 49

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Artyom Trishkin:
And soon it's going to go down too...
This thread has surpassed Humour
 
Сергей Таболин:

There you go. Let's make a swamp so that no one understands anything at all. Is it easier to fish in troubled waters? )))

I've noticed too - two or three users show up and post a few pages about nothing...

 
Taras Slobodyanik:

The right view is that of the person who created the term - the English speakers.
Read the definitions (just forget about the existence of the point in MT for a while).

Once again I ask - how does a percentage point relate to any quotation mark?

 
Сергей Таболин:

I ask again - how does a percentage point relate to any sign of a quote?

It has nothing to do with any quotation mark, even if it is 10 digits at the end.

 
Taras Slobodyanik:

It has nothing to do with any quotation mark, even if it's 10 digits at the end.

Ice is broken .... )))

 
Сергей Таболин:

Ice is broken .... )))

where has it moved to?)

Percentage point (pips) is not an MT point. (Although they used to be equal).
Where did I write otherwise?

  
 Pip

A pip is actually an acronym for "percentage in point." 
A pip is the smallest price move that an exchange rate can make based on market convention. 
Most currency pairs are priced to four decimal places and the smallest change is the last (fourth) decimal point. 
A pip is the equivalent of 1/100 of 1 percent or one basis point. 
For example, the smallest move the USD/CAD currency pair can make is $0.0001 or one basis point.

WHAT IS PIP/POINT?

In the currency market the slightest price change is called a “pip”. “Pip” means ”Price Interest Point”. 
In general, the 1 pip change expresses the change in the fourth decimal (0.0001).

Example: The rise of a currency price from 1.3450 to 1.3453 expresses an increase in 3 pips.

At FOREX the spread or the operation cost is also measured in pips. 
The change of the 5 th number after the comma in a currency price is called “point”.

Example: Price increase from 1.34528 to 1.34572 expresses the rise in 44 points or 4.4 pips.

From foreign sources.

From which I understand a pip is a 4 digit number.

Conclusion: Point = minimum price change, which is 0.00001 at five digits, pips = 0.0001

 
Evgeniy Chumakov:

From foreign sources.

From what I understand the pips is 4 digits.

Yes, and this pips is constant, it does not decrease or increase when adding a digit (like MetaQuotes in Signals or elsewhere)

 
Taras Slobodyanik:

yes, and this pips is constant, it does not decrease or increase when a discharge is added (like MetaQuotes in Signals or elsewhere)


Well I understand that already, and what you 50 pages say it already. Well for some people the pips is a fifth digit, or something else.

 
Evgeniy Chumakov:

Conclusion: Point = Minimum Price Change, which is 0.00001 at five digits, Pips = 0.0001

at this point it should be clarified - yes, "pip_MT is the minimum price change", but English speakers who do not know about the existence of pip_MT may call a Pip a Pip - for them it is the same thing.

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