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Dukascopy Points: Pip calculation query
ritesh
 Post subject: Dukascopy Points: Pip calculation query Post rating: 0   New post Posted: Thu 14 Jul, 2011, 15:50 
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Joined: Thu 14 Jul, 2011, 15:47
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Location: India, Noida
Dear Dukascopy :P ,

I've a small query for you regarding below rule:
Quote:
Average pips gained on positive positions (the more - the better) - 25%
Average pips lost on negative positions (the less - the better)2 - 25 %

Is the pips calculation considered same for all currencies or is based on Pip Expert calculation method? For Example: 200 Pips of NZD/JPY would be counted as 200 pips or (200 x 2.14) = 428 pips.

Thanks a million for your kind answer.

Sincerely,
Ritesh
 
Contest Support
 Post subject: Re: Dukascopy Points: Pip calculation query Post rating: 0   New post Posted: Thu 14 Jul, 2011, 16:57 
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Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
ritesh wrote:
Dear Dukascopy :P ,

I've a small query for you regarding below rule:
Quote:
Average pips gained on positive positions (the more - the better) - 25%
Average pips lost on negative positions (the less - the better)2 - 25 %

Is the pips calculation considered same for all currencies or is based on Pip Expert calculation method? For Example: 200 Pips of NZD/JPY would be counted as 200 pips or (200 x 2.14) = 428 pips.

Thanks a million for your kind answer.

Sincerely,
Ritesh


Surely, all pips gained/lost are calculated basing on a versatile indicator - pip points that are already adjusted for the difference in 1-pip weight on different currency pairs.

These adjustments are made with the intermediary of the pip conversion schedule: https://www.dukascopy.com/tradercontest/ ... ules#ranks
 
ritesh
 Post subject: Re: Dukascopy Points: Pip calculation query Post rating: 0   New post Posted: Thu 14 Jul, 2011, 17:12 
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Joined: Thu 14 Jul, 2011, 15:47
Posts: 35
Location: India, Noida
Thanks for the quick response and this great contest.

I have never seriously taken contests from other brokers, due to transparency and credibility issues. I trust Dukascopy, based on recommendations I've got from the professionals. Keep it up!
 
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