Pip Value Calculator, or how much is 1 pip worth? [MT4, MT5]
Pip Value Calculator is a must-have indicator for every beginner trader. Forex brokers offer from several dozen to even several (!) thousand instruments. The multitude of markets and the diversification of assets means that you need a lot of practical experience to be able to quickly find yourself in the specifications of each of them. However, thanks to a simple indicator, we can access key information about a given symbol right on the chart.
Pip Value Calculator for MT4 and MT5
The title indicator shows us information about our account (currency) and the value of one point (the lowest value of the price change - for the main currencies 0.00001 or 0.001) and one pip (for the main currencies 0.00010 or 0.010) in the account currency. Thanks to this, we can very efficiently estimate the scale of possible profit or loss for a given range of traffic at the transaction volume selected by us.
READ NECESSARY: How much is one pips worth?
Download the indicator for free from ours forum. Versions are available for the MetaTrader 4 platform and MetaTrader 5.