pips or pipettes used for the blocks

[DGRL]

Dear forum memberd

I am a little confused here lol
I am using the block Price x> indicator and the turn over is written in pips
Do i have to multiple this by 10 or is it the 5 pipettes of the chart?
Have some difficulties closing and opening orders with this block

And in general are the blocks using pips as real pips (pipettes times 10) or the actual points of the chart?

Hope you understand what i mean

[johnle1024]

@dgrl I think it’s pips, and that’s how it behaves on my bot. However, it depends on your account maybe like a micro lot account may be pipettes?

Not entirely sure as I have never used a micro lot, but yea it’s essentially 1 pip.

You should start a project called test, then take each part of your algo and test it to see if it works the way you want it to, then put them together.

[DGRL]

@johnle1024

Thanks for taking the time to answer me
I noticed that for different charts (i.e. indices / forex / exotic forex) my broker uses different scales
Very annoying in the end
Have to convert the whole time as i want to work with 1 ea
But i guess have to make different ones lol
Thanks again fir helping me out

[fxDreema]

Is this word "pipette" official word to describe this kind of value? I never knew how to describe it and in the blocks now I use "price fraction". I found this https://forextradingsystem1.com/pips-vs-pipettes-know-the-difference/ and here one pipette is what one "point" is in MetaTrader.

In fxDreema the size of 1 pip can be customized. And by default this is customized in the project settings. Click on this icon below "History" and you sill see these rules for pip size.

In all blocks, where you see "pips", the size of 1 pip depends on these rules I just mentioned. In some blocks for certain inputs there are multiple ways to select a value, this for example: You can see 3 "Custom..." options here. For other inputs it is only one way, as you mentioned. Technically I can do this for all options, but it will be full of drop-down inputs.

The turnover option is there because of the way this block works. It compares values from the current tick with values from the previous tick, and eventually it detects a crossover. But this crossover is on such a small level, it really is detected only by looking at 2 neighbor ticks, so what stops the same crossover to be detected few ticks after? (because the price goes up and down). So, the turnover pips are there to prevent this from happening - the price needs to travel certain distance, then go back, and only then a new crossover could be detected. But sometimes it can be interesting when the price and the indicator are moving in the same direction very fast, the turnover could become useless