What is Pip?

 

If you are new to forex you probably wonder what pip or rather Percentage In Point is. You may visit Everything about Pip for more information about the concept of pip and its calculations.

I have written an article and also developed an Expert Advisor for MetaTrader 4 that could help those who are new in Forex have a better understanding of this concept.

If you are a seasoned trader you may also find these useful.

 

I have developed an Excel workbook that if you enable DDE server provides you with live information about Bid, Ask, and Pip Dollar value of of 15 currency pairs.

Visit Free Forex MQL Training - Live Data Feed to Excel via MetaTrader 4 to watch a video about this spreadsheet and download a copy.

Your comments are welcome.

 

thanks for your articles , now I know what pip is stands for

 
fxtrendline:
thanks for your articles , now I know what pip is stands for

Thanks for the feedback. Now I know that people actually read my posts here.

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