4 digit, 5 digit brokers and Point

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In MT4's MACD sample, there is:

extern double TakeProfit = 50;

which is used in the execution part later on in line 60

ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,Ask+TakeProfit*Point,"macd sample",16384,0,Green);

Is Point basically a multiplier?

In a 4 digit broker, that 50 = 50 pips for the TP?

And in a 5 digit broker, that 50 = 5 pips for the TP?

 
eempc:

In MT4's MACD sample, there is:

which is used in the execution part later on in line 60

Is Point basically a multiplier?

In a 4 digit broker, that 50 = 50 pips for the TP?

And in a 5 digit broker, that 50 = 5 pips for the TP?



https://www.mql5.com/en/forum/135470

The MACD sample is written brokers didn't used '5 digit account'

EURUSD was written with 4 digits smallest pricechange a point was 0.0001

on 5 digit account we get point 0.00001

 
Use pips and adjust
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