Pip Size (minimal change) versus Point
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Hi,
just started to work with MetaTrader. And I found s.th. that is not quite clear to me.
Gold (XAUUSD) has acc. to MetaTrader a 'Point-Size' of 0.01, but the minimal Movement of the quotes seems to be be 0.05?
Am I right? Can MetaTrader give me this minimal 'Pip-Size'.
If I calculate the differents between quotes and want to make them relative to each other
I will get mixed up, as e.g in Gold I would get values that are 5-times to high compared to others.
Regards,
Carl