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    US30/DOW Jones spread/Pip confusion

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    • N
      nwvw28 last edited by

      Hey guys the points to pips stuff is really confusing me. My US30 chart says the spread is 197 points, does this translate to 19.7 pips? or is it 1.97 pips? When I run my strategy tester and select the spread to 'current' on visual mode my spread display says 2.00. Does anyone know EXACTLY how to figure out my spread in pips? I'm hoping my spread is 2 pips not the 19.7 pips. My trading bot does fantastic at 2 pips but complete trash at 20 pips.

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      • jstap
        jstap last edited by

        Possibly but this depends on your broker, forex is *10 but indices are not so simple, if you drag the cross hair you will get the number to use.

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        • N
          nwvw28 @jstap last edited by

          @jstap Drag my crosshair where?

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          • jstap
            jstap last edited by

            Across the screen, this way you will see what distance = what points

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            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!

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            • T
              tec.nacks @nwvw28 last edited by

              @nwvw28 simplify your stuff by deleting all the pips value on FxD under project description and then use the points value you get from @jstap suggestion

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              • N
                nwvw28 @jstap last edited by

                @jstap I did this and I get 197 points. Where the question is does that convert to 19.7 pips or 1.97 pips. I need to know what to set my Point rule to as this affects drastically how well my bot does. I rely on what this spread says on the chart during my Strategy tester. Should it display 1.97 or 19.7? 092c21be-e63a-4623-b8e4-65329ae6f2a3-image.png or 0d870cb2-5ee9-4d35-aa0c-231c83fbd163-image.png. Should I set my Rule to US30 = 0.10 or to 1.0? Thanks for your help.

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