What is this variable doing?
The following are being compared:
l_ord_open_price_4 - Ask This is the actual movement in price between when the order was opened and now - expressed as a price (as opposed to a number of pips)
Pips * Point This is the target movement - the Pips variable is the variable which sets the target number of pips (set somewhere in the code - possibly as an extern variable), but it needs to be multiplied by Point so that is can be expressed as a price movement for the comparison to work.
CB
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Can someone please tell me what the Variable 'Pips' is doing in these couple lines of code?
if (l_ord_open_price_4 - Ask > Pips * Point && li_56 < MaxTradesPerChart) {
OpenBuy();
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if (Bid - l_ord_open_price_4 > Pips * Point && l_ord_open_price_4 > 0.0 && li_56 < MaxTradesPerChart) {
OpenSell();