Pip value\Calculating profits

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River S. Dude
39
River S. Dude  
How do I calculate profits per pip when trading standard, mini or micro lots?

Thanks in advance!
forextime8
372
forextime8  
River S. Dude:
How do I calculate profits per pip when trading standard, mini or micro lots?

Thanks in advance!

https://www.mql5.com/en/code/12418


maybe this can help.

Simple Pip Value Calculator
Simple Pip Value Calculator
  • votes: 29
  • 2015.02.13
  • Stuart Browne
  • www.mql5.com
It's a question we see asked frequently on the MQL forums and other forex websites. Knowing how much a 1 pip or 1 point move on a currency is going to make you (or cost you) is one of the most important factors in any forex trade. If you don't know that, how can you calculate your risk to reward??!!?? This very simple calculator will tell you...
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