Points VS Pips - page 124

 
Алексей Тарабанов:

Artem, sorry to write about my life's journey. Indeed, it sounds like bragging.
You don't understand the basic concepts of the stock market and are trying to save the MQ concept system.
It will collapse anyway, but it is better if it happens sooner and in a controlled manner.

And it is the obsolete Point() function which misleads everyone to begin with.
It used to return the correct value when there was only forex and only four digits 0.0001 in the terminal.
Yes, in this case the function returns the forex point because the four digits correspond to the forex point.

But it's been a long time since the digit capacity of quotes was changed and other markets were added to the terminal,
and the old Point() function remains unchanged as it was for four digits.
But what is not so good, it does not return the point value from the four digits, but the digit of the quote.
In other words, the function was originally written with the four digits in mind.
And when the digit capacity of other quotes has changed, the function has started to calculate the same digit capacity. But they didn't change the name of the function!
This is the reason for the global misunderstanding in mql: what a pip is and what it is equal to!
If you can't change the name of the function because many programs break, well, in the help for this function and its analogues, make the changes in large letters.

  • The Point() function only returns the value of one pip on a four-digit forex quote!
  • In any other case, the function will return the real value of the quote.

And all problems with understanding mql made-up items will disappear.
But it's better, though, to get rid of the name of this function, so as not to be tempted by the word Point,
and rename it to the true name, to what it really returns, namely digit capacity.
A generation has already grown up on mql, and this generation arrives in such a confused state.
 
There's tick_size, use it.
 
Hallelujah.
But the main problem with other mql people is not understanding what a point is, precisely because of the Point function.
 
Roman:
Alilujah.
But the main problem other mql programmers have is that they don't understand what a point is, precisely because of the Point() function.


Everyone is perfectly aware of that. You underestimate others.

And it doesn't matter if it's near forex or supra forex ....... or "TRADER" with documents.....

On a technical forum dedicated to MetaTrader and the programming language and when programming EAs which run on MetaTrader -everyone uses Point()

So when a user asks what is measured in, the answer is obvious in Point().

 
Roman:
Hallelujah.
But the main problem other mql users have is they don't understand what a point is, precisely because of the Point function.

It's your lack of understanding of the technical terms from which all your slang concepts are built.

We have precision, you have sword-and-crawfish-and-pike. But all your uncertainty can be programmed from our base - to each his own needs. Personal. But others who imagine your concept differently than you do will have questions. But to you - why he does not think what is expected. And it is your duty to make it clear to him on 124 pages that he does not understand something. And this is your problem - you are using abstract concepts, we are using basic MQL. We have numbers, you have slang.

Therefore Point() is not for your minds, it's for us. And it's our task to provide everyone with their wishes. And you should not care how a programmer does it - you have a different path.

We have mathematics, which requires precision and immutable input data, while you have pits, fences, shapes, pips, owls, turkeys, metrics, moose, and all other flora and fauna.

 
Roman:
Alilujah.
But the main problem for other mql-people is not understanding what a point is, precisely because of the Point function.

The only problem is with those who count total profits in pips.

 
Roman:
But the main problem other mql users have is that they don't understand what a point is, precisely because of the Point function.

yes, there is no problem in understanding developers and even customers.

The 0.01% for whom this is a problem is an acceptable margin of error that can be ignored and are ignored.


As for your posts -- so you too are in that 0.01%:

Roman:

But what is more unfortunate is that it started to return the value not of a point from four digits, but the digit of the quote.
That is, the function was originally written for four digits, without taking anything into account, they just returned the digit of the quote for four digits and that's all.

-- the digit of the quote is returned by the functionhttps://www.mql5.com/ru/docs/check/digits
 
Dmitry Fedoseev:

The only problem is with those who count total profits in pips.

Especially when they cannot even agree with each other on what a point is. One guru has a figure, another guru has a whole in a quote, a third guru has a fraction in a quote, one has a fourth digit, another has a fifth digit, etc., etc.

 
Andrey F. Zelinsky:

yes, there is no problem in understanding developers and even customers.

The 0.01% for whom this is a problem is an acceptable margin of error that can be ignored and are ignored.


As for your posts, you are also in the 0.01%:

-- the digit of the quote is returned by the functionhttps://www.mql5.com/ru/docs/check/digits

You show the documentation for nothing - everyone here is broadcasting that MetaQuotes got it all wrong - it's empty...

And when you start pulling some people up to study the documentation, others start complaining about overstepping their authority - geez...

 
Andrey F. Zelinsky:

It's not for them - it's for those who will read the thread and deal with the issue - so they understand that the passenger is not on the subject - talking rubbish, not writing a programme.

Good. Right.