Hi
I am somewhat of a newbie with FX and MT4 so I am hoping someone can help me with what must sound like a simple question.
I have recently purchased a EA and am running it on a demo MT4 account.
My simple question is that I have produced a detailed trade report from MT4 but I am trying to work out how much each pip has been worth per trade.
In the report I have the size, the (buy/sell) price, the take profit price and the profit.
I thought I worked it out but my logic seemed to be inconsistent.
Any help would be greatly appreciated.
Thanks
Frank
I am somewhat of a newbie with FX and MT4 so I am hoping someone can help me with what must sound like a simple question.
I have recently purchased a EA and am running it on a demo MT4 account.
My simple question is that I have produced a detailed trade report from MT4 but I am trying to work out how much each pip has been worth per trade.
In the report I have the size, the (buy/sell) price, the take profit price and the profit.
I thought I worked it out but my logic seemed to be inconsistent.
Any help would be greatly appreciated.
Thanks
Frank