I'm working on an indicator that presents a market overview, showing stuff like symbol, quote, tickvalue, atr, and swap.
My broker is using a 0 swaptype.
I've done some research and the best thing I could find is this formula:
I don't know how to view the swap rate directly from my broker, so I'm relying on this website: http://www.forexchurch.com/forex-broker-details.cfm?brokername=OANDA
My results seem to align with the results from the website about 60% of the time, but there are times when it's not right.
For example, here are some of my results that don't match up with the website:
I don't know if it's because I have to convert the currency, or if the website isn't up-to-date, if the formula I'm using is wrong, or who knows.
From my understanding, MODE_SWAPLONG/MODE_SWAPSHORT is basically just the swap rate in the form of pips, so the formula I'm using should work, in theory.