Points VS Pips - page 61

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Dmitry Fedoseev:

What makes you think that a fractional item is common? Why compare a clause to something out there? Why not compare it to, say, butterflies or cucumbers?

because the fractional pip is a constant and it can be compared.
Points_mt, on the other hand, can only be compared to butterflies and cucumbers. Because they can (and will) change.

Dmitry Fedoseev:

Because the pip value is really 0.00001 and the broker makes it look like the pip value is 0.0001. Because then the trading conditions look more attractive.

So all the brokers (you've never shown any others), all the banks, all the monitors - have conspired to show points wrong?
But at the same time point_mt is correct?

 
Taras Slobodyanik:

from the fact that it is the fractional Item that is a constant and can be compared.
Points_mt, on the other hand, can only be compared with butterflies and cucumbers. Because they can (and will) change.

So all brokers (you never showed any others), all banks, all monitors have conspired to show the point incorrectly?
But the_mt point is correct?

Why does the point have to be constant or not constant? It should be consistent with trading conditions, not what you made up about it by looking at brokers' promotional pages.

They don't conspire, they steal from each other. One came up with the idea to show it that way, others saw it - oh how cool - and started repeating it. This "fractional item" did not appear immediately with the five digits, but a little later.

 
Dmitry Fedoseev:

Why should a point be permanent or not permanent? It has to fit the trading conditions, not what you make up about it by looking at the brokers' promotional pages.

They don't conspire, they steal from each other. One came up with the idea to show it that way, others saw it - oh how cool - and started repeating it. This "fractional item" did not appear immediately with the five digits, but a little later.

What's a fractional point - a pippet or something?
 
Vladimir Baskakov:
What's another fractional item - peppets or something?

It's not for me, it's from your...

 
Dmitry Fedoseev:

It's not for me, it's from your...

I see
 
Dmitry Fedoseev:

Why should a point be permanent or not permanent? It has to be consistent with trading conditions, not with what you make up about it by looking at brokers' promotional pages.

How so - to compare profit/loss/spread/swap in pips.
You can't compare this in pips_mt, you would necessarily need to know the accuracy of the quote.


Dmitry Fedoseev:

They don't collude, they steal from each other. One came up with the idea of showing it that way, others saw it - oh how cool - and started repeating it. This "fractional item" didn't appear immediately with the five digits, but a little later.

er... again, you're confused.

This Point (Percentage Point) is decades (if not hundreds) old. And it wasn't invented by advertisers.
And with the advent of the five digits, one digit was added to the Item.
And immediately there were articles on how to calculate the Point in Expert Advisors for MT, because the point_mt ceased to be a Point and became a "butterfly" or "cucumber" (as you understand it).

 
Taras Slobodyanik:

How is it from what - to compare profit/loss/spread/swap in Pips.
You won't be able to compare this in pips_mt, you will necessarily need to know the accuracy of the quote.


Uh... you're confused again.

This Point (Percentage Point) is decades (if not hundreds) old. And it wasn't invented by advertisers.
And with the advent of five digits, one digit was added to the Point.
And immediately there were articles on how to calculate the Point in Expert Advisors for MT, because the point_mt ceased to be a Point and became a "butterfly" or "cucumber" (as you understand it).

That's not what the point is for.

And there is no percentage point here at all, the percentage point is where the interest rates are. And here it's dragged in by the ears.

Where did the clauses come from?

The fractional point is a simplified reality for the people.

 
Vladimir Baskakov:
So in monetary terms the fifth point is somehow very different from the fourth. And it is called the same

Why do you assign a value?

Once again.

A point is the last digit of a quote. Point.

On a 5-digit quote it's fifth, on a 4-digit quote it's fourth, etc.

I used to use a bypass like this

int OnInit()
{
   //--- исправить входные данные по количеству знаков
   digit_corrent     = 1;
   if(   SymbolInfoInteger(Symbol(),SYMBOL_DIGITS) == 3 
      || SymbolInfoInteger(Symbol(),SYMBOL_DIGITS) == 5) digit_corrent = 10;
   
   max_spread        = digit_corrent * max_spread_in;
   max_stop_loss     = digit_corrent * max_stop_loss_in;

This may be what you need to do if you intend to use the owl on both the five and four digits. But the owl is originally written for 4 digits. But if you use it on five-digit symbols, you will lose the accuracy of the quotes. Who needs it?

By the way, judging by the logic of some "pipsers", Zaporozhets is a real car, and the last Baja is just a pips )))))))

 
Taras Slobodyanik:

do you see fractional Points? how do you explain that to yourself?


Illiteracy...

 
Taras Slobodyanik:

from the fact that it is the fractional point that is a constant and can be compared.
Points_mt, on the other hand, can only be compared to butterflies and cucumbers. Because they can (and will) change.

So all the brokers (you never showed the others), all the banks, all the monitors have conspired to show points incorrectly?
But at the same time point_mt is correct?

I see you haven't bothered to open a dictionary and find out what the word "indivisible" means?

And the word "minimal" doesn't mean anything to you either. Neither do those clever people who present the clause as fractional ))))

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