Pip Values

The Pip Values tool displays in real-time on your charts the current value per pip. The tool can also display pip values in different currencies.

Traders can also decide how many - or how few - currencies to be displayed.

Settings

Currency - Here you can set the currency the values will be displayed in using the currency's 3 letter ISO code (EUR, GBP, JPY etc).

Rate - The tool will automatically recognize any currency pair that streams to the platform. To display pip values in a currency that does not stream to the platform, set the exchange rate here, and set the MultipyBy value to 'true'.

MultiplyBy - This function will turn on or off the Rate function. If set to 'true', the Pip Values tool will use the exchange rate specified in the Rate field. If set to 'false', the Pip Values tool will use the currency specified by the 3 letter ISO code in the Currency field.

Files

Last compiled on August 4, 2010 on MT4 build 226

Indicators Folder
IBFX – Pip values.ex4

Download and Installation Process

Step 1: Download the setup file and double click on it. Follow on screen instructions.

Step 2: Select the tools you would like to install, click next. (Make sure to select your MT4 installation folder).

*This setup will not overwrite any previous version of the tools that was already open source*

*If you want the latest version of the open source tools, make sure to rename or delete them*