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How to calculate the PIP value?
 Post subject: How to calculate the PIP value? Post rating: 0   New post Posted: Sun 29 Sep, 2013, 16:50 

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Hello :)
how to calculate pip value in Java in usd? for different pairs for example USDJPY EURCHF XAGUSD XAUUSD. How much one pip is worth in usd ?


 
 Post subject: Re: pips Post rating: 1   New post Posted: Wed 02 Oct, 2013, 07:31 
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This is how you can calculate the PIP value for a designated position (for EUR/USD).



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The calculation give you the result in USD. If you want it in EUR , you will have to ad a line in the calculation expression block for the conversion.

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 Post subject: Re: How to calculate the PIP value? Post rating: 1   New post Posted: Wed 02 Oct, 2013, 11:18 
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And there is a more universal calculation:

The answer is in the base currency.

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if you want the answer in EUR:


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etc.


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