4 digit, 5 digit brokers and Point
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
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?