Points VS Pips - page 69
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the programmer gave youTake Profit (in pips) in the Expert Advisor
You need to understand what (in pips) is. If you don't understand it, you lose.
Before you can understand what the programmer meant, you must first understand how the programmer himself understands this pips )))))))
This is the forum for trading, automated trading systems and strategy testing
What do you mean by the term "pips"? At a five digit quote.
Sergey Tabolin, 2019.09.23 21:29
Pompous amateurs, when are you going to stop farting around? You're up to your ears in shit!
We're witnessing a marvellous phenomenon right now: all fan-fingered, all lofty... no time for our dark woods...
He chewed off something about "when will you learn to count the cost of a point"... ...but he's been in two consecutive fights with the point value calculation.
A pompous, pompous, pathetic disgrace!
Before you can understand what the programmer meant, you must first understand how the programmer himself understands the pips )))))))
do you use experts ?
do you have a real account?
Amateur pompous amateurs, when are you going to stop farting around here?
We are witnessing a marvellous phenomenon right now: such fan-fingers, such an exalted figure... no time for our dark forest...
He's chewing on that "when are you going to learn to count the cost of a point" thing... But he's been in deep shit twice in a row with the point value calculation.
The calculation is simple lot*0.0001/1
Well, there's another smart guy with his thumbs up and his nose in shit right now
Answer to a quiz:
https://ru.wikipedia.org/wiki/%D0%A1%D0%BA%D0%B0%D0%BB%D1%8C%D0%BF%D0%B8%D0%BD%D0%B3
Pipsing is theslang name for one of the strategies for intraday speculation in the stock, currency, commodity markets,
the feature of which is to close a trade when a small profit of a few pips("pips") is achieved.
In other words take a few pips, or ticks.
пипсовка — сленговое название одной из стратегий внутридневных спекулятивных операций на фондовом, валютном, товарном рынках,
особенностью которой является закрытие сделки при достижении небольшой прибыли в несколько пунктов («пипсов»).
Другими словами взять пару пипсов, или тиков.
do you use experts?
And have you even noticed that the proponents of pips disagree dramatically on what a pip is?
And my use/non-use of pips has nothing to do with the question.
But Roman will be firmly convinced that 50 pips is 5 points. Although he does not see the word "pips", but pips in brackets, and even in quotes, is a real pain in his eyes )))the programmer gave youTake Profit (in pips) in the Expert Advisor
You have to understand what (in pips) is. If you don't understand it, you lose.
The guy orders an Expert Advisor and says:
- Please make me enter 50 pips in the settings, but multiply it by 10 if it's a five-digit - because I'm used to a four-digit and I don't feel comfortable entering values ten times bigger - let it be like a four-digit.
The answer is:
- no problem, but you will lose ten times the accuracy.
He said:
- Fine, but at least it's convenient.
Done. Then he writes back:
- Why didn't I close my position on the candle's high? I estimated that it should close, but he put my take higher.
I told him:
- Well, it didn't get a few pips - you've agreed to a tenfold loss of accuracy.
The programmer started to complain that I had lost something.
So, for those who want to use values the old-fashioned way instead of entering the exact number of points, your examples contain the multiplication by ten, which is short-sightedness.
Well, there's another smart guy with his thumbs up and his nose in shit right now