OrderSwap and pipcost

Ming Luo 2013.04.30 10:37

Hi:

Can anyone explain what's the meaning of an OrderSwap in a forex market please? Also, in the mt4, how can I get the pipcost for a single pip please?

Thanks

Simon Gniadkowski 2013.04.30 10:42 #1

asuralm:

Hi:

Can anyone explain what's the meaning of an OrderSwap in a forex market please? Also, in the mt4, how can I get the pipcost for a single pip please?

What is your definition of a pip ? what do you mean by pipcost ? this ? MarketInfo() with MODE_TICKVALUE

William Roeder 2013.04.30 11:11 #2

Swap is the interest you pay/get on the pair when you hold a position open over night

Ming Luo 2013.04.30 13:00 #3

Thanks for your help.