PipSize = PointSize
PipValue = PointValue
The term “pip” originates from the forex market and represents the smallest possible price change for an asset.
For each (CFD) contract, the PipSize
and PipValue
are predefined, and in your case, they are as follows:
- PipSize = 1: This is the smallest possible change in the price.
- PipValue = 20: Each pip is worth 20 SEK.
When you use StrategyProfit
in your code, for example:
The Equity
and Capital
are in monetary values, so you will need to convert StrategyProfit
to a monetary value using:
So, whenever you need to convert (index) points to a monetary value in your code, you use PipSize
and PipValue
.
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