Twice the spread in pips

Created at 18 May 2015, 04:22
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
deklin's avatar

deklin

Follow

Joined 31.12.2014

Twice the spread in pips
18 May 2015, 04:22

The seventh argument for ExecuteMarketOrder() is slippage in market range pips.  

I want the slippage to be twice the spread.  

Using this does NOT work:
(Symbol.Spread * 2)

The problem is that Symbol.Spread is not measured in pips. How can I get twice the spread in pips?

 

 

@deklin
Replies

Spotware
16 Jun 2015, 17:40

Dear Trader,

There is a general formula to covert price difference to pips.  

pips = priceDif / Symbol.PipSize

So if you want to calculate spread in pips just replace priceDif with Symbol.Spread

 

@Spotware
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
The services provided by Spotware Systems Ltd. are not available to citizens or residents of the USA. Neither is the information on our websites directed toward soliciting citizens or residents of the USA.