Pip Value

One way to manage risk in trading (Money Management) is choosing the appropriate size of lots in terms of distance stop loss(risk).

To calculate the appropriate size of lots, we need to know how much profit or lose a pair will give us when it moves a pip. That we call it "Pip Value".

And this is an indicator for calculating it.

It's very easy to use. Just drag it onto the chart.

nclick="viewGallery_GalleryManager.GoToPrev();"> nclick="viewGallery_GalleryManager.GoToPrev();">

ta itemprop="image" content="https://c.mql5.com/31/261/pip-value-screen-7479.jpg" />

nclick="viewGallery_GalleryManager.GoTonext();"> nclick="viewGallery_GalleryManager.GoTonext();">