I prefer to use points instead of pips because:
1. They are compatible in definition among different trading instruments(symbols/brokers).
2. They are more accurate.
int get_swap_in_point(double swap_in_usd,double lotsize) { double tikvalue = MarketInfo(Symbol(),MODE_TICKVALUE); double tiksize = MarketInfo(Symbol(),MODE_TICKSIZE); double point = MarketInfo(Symbol(),MODE_POINT); double tick_count = swap_in_usd/(lotsize*tikvalue); int swap_points = (tick_count * tiksize)/point; return swap_points; }
Note: This is a MT4 thread and should be posted in the correct section.
I prefer to use points instead of pips because:
1. They are compatible in definition among different trading instruments(symbols/brokers).
2. They are more accurate.
Note: This is a MT4 thread and should be posted in the correct section.
whats difference among these except point and pip??? you just rewrote my formula here not more!!!!!
my problem is not on point or pips
i want to modify it for all currency pairs alike as (eurusd, gbpusd), crosses (eurjpy, gbpjpy) and for (usdchf, usdjpy)

- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
hi friends
let suppose my tp is 10pips but the order has swap=-2.5Im using "Orderswap" to show me swap for every orders in journal of Metatrader, and i think it declares in dollar,if im wrong please guide me.
i convert swap by below formula to pip and modify my order by Newtp, after hits tp, it must eliminate the swap effect
it seen it not work correctly in all currency pairs
if this is correct for XXXUSD pairs and not other what changes should to do???