You can calculate your pip monetary value by multiplying your capital size with 0.0001. Every time you trade-in Gold and the market favors you; you earn $1.00 in every pip movement. Pips are your spreads. However, they may vary according to your broker. In the same way, if the market ...
But you must know the price level where to exit (stoploss), whether it is 1 pips or 100 pips. Let us think that is 100 ticks (which is equal to 10 pips of 5-digit broker). Then, your lot size is double lot = AmountToMaxLoss / (MarketInfor(_Symbol, MODE_TICKVALUE) * stop...
As with surfing, in order to calculate the waves of prices, you need control, not strain. The only difference is that, with trading, it is not your muscles that are controlled; rather, it is your mind. What is particular about the SurfingThePips™ method is that the trader’s psycholo...
"long", trail_price = entry_price + ATR, trail_offset = ATR, stop= entry_price - ATR). I noticed that I would earn 2x to 3x the trail_offset (in this case based off ATR, i.e., if ATR is 50 pips, I would earn 100 or even 150 pips), as long as the profit is tak...
Time and tick is a way to determine if amargin callshould be issued. With this method, only open positions are used to calculate a day trade margin call. The Bottom Line A tick is the minimum number in price a security can move on an exchange. Tick sizes vary by market and investment...
A classic example is using the closing price to calculate a buy entry but actually entering the stock on the open of the bar. In other words you trade before the signal. This is called a future leak and it can be surprisingly easy to do if you are not careful. ...
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Calculate the daily pivot number by adding the High, Low and Close prices of the previous day and divide the total by 3. Add the high price and low price, then divide the sum by 2. Subtract (b) from the daily pivot number, and that gives the pivot differential. ...
Track your broker server response time, implement Trailing-StopLoss (for improved profit), implement slide-in-orders (multiple stop orders to catch huge spikes), calculate order-set profitability (to know when to close all the orders when price retrace), etc etc. Anywa...