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return the point price for current symbol

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el3reef
208
el3reef  

 Hello

 

i want a function  to calculate the point price for current symbol

 

thanks  

Keith Watford
Moderator
10617
Keith Watford  
What is a point price?
el3reef
208
el3reef  

the price that i will profit/loss when the price up/down to one point   with  a lot size 1 lot 

Keith Watford
Moderator
10617
Keith Watford  
el3reef:

the price that i will profit/loss when the price up/down to one point   with  a lot size 1 lot 

Look up MarketInfo and MODE_TICKVALUE
whroeder1
16086
whroeder1  
  1. You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
  2. Account Balance * percent = RISK = (OrderOpenPrice - OrderStopLoss)*DIR * OrderLots * DeltaPerlot (Note OOP-OSL includes the SPREAD)
  3. Do NOT use TickValue by itself - DeltaPerlot
  4. You must normalize lots properly and check against min and max.
  5. You must also check FreeMargin to avoid stop out
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