How to code manual pip value as input variable

Hi,

Thank you for the productdevelopment so far. Currently i need an input variable which can enter a manual pip value. For instance the EUR\USD pip value is 0.00001

A pip value for the German30 is 0.5.

Is it possible to code an input variable for the pip value which is defined per symbol. Forex are 5 or 3 digit pip values,  Indices pip value differ.

Thanks in advance for reading and sharing.

Ruud de Heer

Hello,

you can create an input variayble type double and set to 0.0001 if you need. Let me know your intentions how you need to use this variable I can create an example for Wizard

Hi,

Goal is to be certain that the resolution of the symbol in digits is correct. I want to avoid invalid stoploss or take profit levels when the order is modified as soon as a trade is executed.

For instance with EUR\USD the resolution is 5 digits. A pip value is 0.00001 A pip value with USD/JPY is 0.001 A pip value on the Dax30 is 0.5. I want to avoid rounding errors or hacking. I believe that a broker or EA can mess things up with setting the correct pip value per symbol.

Therefor an input variable for the manual pip value would be excellent. Unfortunately i am unknown how to code this in a strategy, with the correct initalisation and declaration of the correct variables and method.

Thanks in advance for the help.

Hello,

you might use ConvertToRealPips function using parameter (1 pip). It will provide correct decimal place for a symbol

File: realPips.jpg

Thanks for the reply.

I will check the funtion out. I believe the coef and rDigits variable is written for 2 digit and 4 digit assets. With the (MarketInfo(Symbol(),MODE_DIGITS) code the digits are retrieved per symbol. For fractional pips i will test if a double as input variable helps in the default setup.

As a newbie in coding i will trace the variables if EA wizard by default is suited for fractional pips.

Hi,

My EA do not show results i think that this is affecting. How can i set this to 5 digits asset?

Hello,

EA should be working with 5 digits. Can you attach the mq4 or send me to [email protected]?