Is there a way to get 1 pip value in money per lot?
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I could not find a way to pull such variables from.
Is there any way to make it automatic instead of putting input for it?What I want to do is simply have an Info panel where I put in SL distance and it takes balance and SL distance and calculated how many lots that should be for x amount of risk of the balance. Pretty simple, but I can't get the pip value in money per one lot, or per pipet.
I know when you choose money management there is a way to do it based on balance, equity, and so on so there is a way on the back end.
Any help?
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So this solves the pip value per lot.
But now there's another problem, the problem is with base and quote.
If your trading account is the same as your base this is not an issue. But if it's not then it's complex.
Let's say your account is in USD
and you trade AUD/CAD how the hell do you work this shit out?For all it's worth, the complexity is not worth the effort and I'm better off using external indicators for this.
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@william29 Definitely a custom indocator wil be easier to use, but check its buffers. Not all buffers can be correctlu idetified by fxDreema.