Help Function Pip Value
Pascal, you want to fill Pips variable? In case you have only 1 position open you must first select the position with OrderSelect, then determine current PL with OpenPrice()-Ask/Bid (depending long or short). This PL is in form of currency move in points. To convert to Pip you must simply do Pips=PL / Point. Description is kind of theoretic but you also shared only theoretic code.
Is it ok if I use this code. I can't try now "weekend", the market is closed.
Thank's
int PipsVal;
int Total = OrdersTotal();
int i;//---- Function Get Pips Values
for(i=0;i<Total;i++)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES==true))
{
if(OrderType()==0)
{
PipsVal=Ask-OrderOpenPrice()*Point;
}
else
{
PipsVal=OrderOpenPrice()-Bid*Point;
}
}
//---- End Function
http://www.fx1.net/mt4tick.php
this tool makes possible to debug EAs on weekends.
Without having tried;
PipsVal=(Ask-OrderOpenPrice()) / Point;
and
PipsVal=(OrderOpenPrice()-Bid) / Point;
and
if(OrderType()==0)
this isnt very good style. OrderType can be OP_BUY OP_SELL OP_BUYLIMIT OP_SELLLIMIT etc etc. Better use
If (OrderType()==OP_BUY)....
if (OrderType()==OP_SELL)...
http://www.fx1.net/mt4tick.php
this tool makes possible to debug EAs on weekends.
Without having tried;
PipsVal=(Ask-OrderOpenPrice()) / Point;
and
PipsVal=(OrderOpenPrice()-Bid) / Point;
and
if(OrderType()==0)
this isnt very good style. OrderType can be OP_BUY OP_SELL OP_BUYLIMIT OP_SELLLIMIT etc etc. Better use
If (OrderType()==OP_BUY)....
if (OrderType()==OP_SELL)...
I am using something similar to the above to obtain pips movement in an EA but when the trade closes, I still want to acccess the pip movement up or down. How can I do this when OrderClosePrice() is 0 I tried this
if(BV == 1) totval = (Bid - last_close)*100000;
if(SV == 1) totval = last_close - Bid*100000;
and after my start I put
if(last_close == 0) last_close = Bid;else if(last_close == 0 && OrderClosePrice() > 0) last_close = OrderClosePrice();
seems to work but not as accurate as the code I was using previously namely
//start pip routine
totval = 0;
for(int pos=0; pos<=OrdersTotal(); pos++)
{
if(OrderSelect(pos, SELECT_BY_POS)==true)
{
if(OrderType() == OP_BUY)
//totval = (OrderProfit() - OrderCommission() ) / OrderLots() / MarketInfo( OrderSymbol(), MODE_TICKVALUE);
totval = MathRound(OrderProfit() * 10);
else if(OrderType() == OP_SELL)
totval = MathRound(OrderProfit() * 10);
//totval = (OrderProfit() - OrderCommission() ) / OrderLots() / MarketInfo( OrderSymbol(), MODE_TICKVALUE);
}}
//end pip routine
trouble is the above stops output as soon as the trade closes, I want it to still output thye pip movement value
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hello, I'm very beginer in mql4 and I know nothing in C or C++. Anybody can help me to create function to get pip value each time to increase or decrease.
Example:
Entry price is 0
if (price go up for 1 pip)
Pips=1
if (price go down for 1 pip)
Pips=-1
In my code I have:
extern int TakeProfit=30;
extern int FirstTarget=20;
extern int StopLoss=30;
if(Pips>=FirstTarget)
{
Move StopLoss to breakeven
}
if(Pips>=TakeProfit)
{
Close order to take profit
}
if(Pips<=-1*StopLoss)
{
Close order to lose money
}
I would like a function then I use with this 3 types of condition.
Thank's for your help!
Pascal