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    I want to convert points into pips.

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    • R
      runekeeper last edited by

      I'm really confused about it.
      I want to place pending buy orders in grid with a distance of 0.5*ATR. But 0.5 ATR would be in points and the pending grid block uses pips. So, how do I go about this?

      What really makes this confusing is the point format rules set by the fxdreema platform. I would have just used a custom mql4 block that stores this 0.5ATR/MarketInfo(Symbol(),MODE_POINT) if it were a 4digit broker and 0.5ATR/(10*MarketInfo(Symbol(),MODE_POINT)) if it were a 5digit broker.

      But having seen the point format rules confuses me. Someone englighten me.

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      • M
        miro1360 last edited by

        try this: toPips(0.5*ATR) .. it works with 4 and 5 digits automatically (depends on rule you set in fxdreema settings)
        note, that toPips is not function from mql but from fxdreema and when something in future changes and change this function (after updates), you need also change this function in your custom code 😄

        Between trading and gambling is a very small gap, be careful.

        E 1 Reply Last reply Reply Quote 0
        • E
          ellemitless @miro1360 last edited by

          @miro1360 hello bro, where can I read about this function? How did you know this function bro? I wanna learn all of fxdreema functions to improve my ea. thanks

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          • jstap
            jstap last edited by

            miro hasn't been on these forums for years, he likely got this function from the .mq code you can get from project screen, then red and searched. There is no file/place containing this information, that I am aware of.

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            • L
              Leahostran last edited by

              Thanks for information

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              • L
                Leahostran last edited by

                Forex automation is tricky, especially when you mix points and pips, and that’s exactly what a user in the FXDreema forum thread “I want to convert points into pips” is wrestling with. They explain how their broker’s definition of a point isn’t what they expected, and they’re trying to normalize their strategy so everything scales correctly inside their EA setup.

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                • jstap
                  jstap last edited by

                  If you delete all pip rules, (pic 3) then the EA will use only points, so as you will see in this EA, the terminal crosshair will show you the exact size to use in the blocks: https://fxdreema.com/shared/FDFUrGh2c

                  terminal_klmVbeyEux.png

                  terminal_2x74xv12Zo.png

                  msedge_4eTzCyvU6X.png

                  Learn fxDreema Without the Wait!

                  My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                  The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                  Don’t miss out

                  Click here➡️ https://mybook.to/fxDreema to get your copy today!

                  Enjoy! 😊

                  1 Reply Last reply Reply Quote 0
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