ATR to PIPS new Formula

[FenixTrading]

Hi everyone, thanks for supporting my first ATR to Pips Tutorial

I red your feedback and i realized that the first formula is focused just on forex market and a bit complex.

Here is an update with a newer and simpler way to achieve the same result. This formula can be applied to all markets automatically.

1. Create a new double variable like "pip_value"
   

2. Insert new Formula Block, copy these settings:
   
   This time i used "Customized", so i picked up the EA builder Values, Sometimes this can work other could be better to use the "Original" setting. But in the next step we are going to verify if the formula works properly.

3. You can verify if the settings are good with this simple Comment Block:
   
   In this way we can see how the ATR value will be converted in pips.
   If it is ok we can manipulate this variable in different ways, without complex calculations and multiple blocks.

Results:
Forex pair without JPY:

JPY forex pair:

Gold:

I hope this will be helpful for the community.
Enjoy.

[jstap]

I do believe that using standard in built functions to achieve this is possible and probably preferable but, I did what you have showed and got only ATR value not pips, maybe I have done something wrong, in this link you will see what I have done:

link text

In this link you will see how I used your original post to achieve what you are trying to achieve, maybe you can combine all to get a way of using standard functions to achieve result, also if normalise double is used then you can cut the result to a chosen places past the decimal:

link text

[l'andorrà]

@fenixtrading Did you ask for permission to the admin to ad your commercial services? If not, please remove those signature and email.

[FenixTrading]

@jstap EURUSD, 0.00323 ATR value ----> 32.3 Pips

[jstap]

@fenixtrading I am not denying that your picture is showing correct results, I am just saying that when I did as you have shown, I did not get the result that you are getting.

[FenixTrading]

@jstap of course, this is just because you put "+" instead ":", so the ATR value still the same

[jstap]

@fenixtrading Ok well spotted, sometimes must be half asleep.

[yousefi651199]

How can I determine that the shadow of the candle is 120 times the ATR?