Hi
I would like to know how to get the money value of 1 tick in MT5
I tried
But that does not gives the correct value
The value I am after is the one used when setting an SL or TP
Using the mouse you can drag an order to set TP and SL and you see an automated calculation in money of how much the SL or TP would be.
How do I get that tick value?
Kind regards
It seems to be correct and the issue I face has to do with currency conversion
Although the deposit is in EURO the tick value seems to be in $ USA
You might find something useful here:
https://www.mql5.com/en/forum/386090
https://www.mql5.com/en/forum/373815
https://www.mql5.com/en/forum/371602
https://www.mql5.com/en/forum/443894
https://www.mql5.com/en/forum/441959
I found this in my browser bookmarks. I didn't re-read this before giving you the links.
[EDIT]
Here's a couple more links:
You are not the first to encounter this. Most likely, in the topics linked above there is a discussion of this
Thanks @Vladislav Boyko
its useful for me and hopefully for many more.
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I would like to know how to get the money value of 1 tick in MT5
I tried
But that does not gives the correct value
The value I am after is the one used when setting an SL or TP
Using the mouse you can drag an order to set TP and SL and you see an automated calculation in money of how much the SL or TP would be.
How do I get that tick value?
Kind regards