OPEN-SOURCE SCRIPT

Pip Value Calculator(Original by ashkanpower)

Updated
Japanese below / 日本語説明は下記

With this indicator, you can calculate profit and loss amount based on pips.
The original indicator is developed by ashkanpower and I have modified enabling to select account currency and font color.

Account currency can be selected from USD, JPY, EUR, GBP, AUD and THB.
Profit/loss amount can be calculated with the selected account currency.
Note: No spreads and commissions included. This is just for simulation only.


snapshot

It works for forex only.

Original : Pip Value
Pip Value


Thank you ashkanpower for inspiring me!

----------------------

Pipsを金額換算できるインジケーターです。

ashkanpower氏作成のインジケーター”Pip Value“を口座通貨の選択、フォントカラーの選択を可能なように改良しています。

選択可能な口座通貨は米ドル、日本円、ユーロ、ポンド、豪ドル、タイバーツです。
ポジションを立てる前の損益金額のシミュレーションにお使いください。
(ブローカーによって異なるスプレッドや手数料は含まれません。)


※FXの通貨ペアのみで動作します。


オリジナル : Pip Value
Pip Value

Release Notes
Added logic for gold and silver.

Note:

Lots
[Gold]1lot=100 ounce
[Silver] 1lot=5000 ounce

Pips
[Gold]1USD=10pips
[Silver]1USD=100Pips
Release Notes
Added logic for gold and silver.

Note:

Lots
Gold
1lot=100 ounce

Silver
1lot=5000 ounces


Pips
Gold
1USD=10pips

Silver
1USD=100Pips
Release Notes
Added logic for BTC and ETH.

Lots:

BTC
1lot=1BTC

ETH
1lot=1ETH


Pips
BTC・ETH
1USD=10pips

This works on ticker: BTCUSD and ETHUSD only.
calculatorpipspipvaluepipvaluecalculatorVolatility

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


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