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SL+TP-OE PIP CALC INDY – v2 (Indicator)

SL+TP-OE PIP CALC INDY – v2 (Indicator)

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SL+TP-OE PIP CALC INDY – v2 (Indicator)












SL pippdate: ca



Updates: 1. Order Type Discrimination. 2. SL & TP and OE price. 3. Enhanced user defined labels.






Function


· Calculates pip difference between Order Execution (OE) price and SL & TP price.

· Places Text labels at SL & TP lines: Order Type, Ticket number, SL & TP price, Pip calculation and Pip label.

· Places Text labels at OE lines: Order Type, Ticket number and OE price.

· Can be used with MT4 defaults and any other suitable MT4 application.
Labels: Labels can be user defined - see hide options in Input Window






User defined examples



  • Sell-SL #2751709 * 1.04116 * 276.9 pps
  • Sell-SL #2751709 * 2769 f-pps *
  • #2751709 * 276.9
  • Sell-SL * 2769
  • 1.04116 * 276.9
  • 2769
  • BS-OE #2738254 * 1.02311

* Non digit Symbols will default to pps regardless if f-pps (fractional pips - points / 3 & 5 digit pricing) is set to to [true].



PIP CALCULATION TEST & CHECK: SL+TP-OE Pip Calc Indy – v2
1. Cross reference Tables and Chart with Terminal image included on chart.
2. Tables T-1 & T-2:
a) Terminal: Columns 0-2 are values taken from the Terminal at instant of screenshot - these values can be located on the Terminal image that is included on the chart.
b) Calculation: Column 3 is an excel calculation of the relevant values.
c) Chart: Column 4 is the values as indicated on the chart.
d) Check: Column 5 confirms a matching value.
3. All calculations are from Order Type SL & TP price to corresponding Order Type Order Execution (OE) price.
4. OE price can be located in column 6 of the Terminal.
5. SL & TP can be located in in column 7 & 8 respectively.
6. Current Bid and Ask at instant of screenshot can be located in column 9 of the terminal.

SLoTP-OErPIPlCALCfINDY-v2-CW_small.jpg
Author
Salvador
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