Calculate Target Price using Pips value
Using Points means code breaks on 4 digit brokers, exotics (e.g. USDZAR
where spread is over 500 points,) and metals. Compute what a PIP is and use it,
not points.
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Hi guys,
I have to calculate the final target price (and stop loss) using the pips.
I mean:
Suppose to be in EURUSD, and the price is: 1.223 , I have to add 25 pips.
I also have to implement this formula for all the possible crosses so I think I have to manage some digits checks...
Can you help me please or do you have some formula to share ?
Thanks to support !