Replies

alphabet_asa
16 Dec 2019, 20:22

RE: RE: RE:

firemyst said:

HI @alphabet_asa:

Unless I'm missing something, isn't that what the Forex quote (Symbol.Bid, Symbol.Ask) is showing?

For example, if you're looking at the AUDUSD forex pair, and the price quoted is 0.68, then the exchange rate is 1 AUD = $0.68 USD.

Similarly, if you're looking at USDAUD, and the price quoted is $1.46, then the exchange rate is 1 USD = $1.46 AUD.

If you're looking at a foreign market index, then lookup the forex pair of your currency vs that index's currency. Thus, if you're trading the US Dow (US30), and your local currency is New Zealand Dollars, then get the symbol price for either USDNZD or NZDUSD, following the examples above depending on which currency is listed first in the forex pair.

You're absolutely right. I mistook the meaning of "exchange rate" for something else, but this is what I was looking for all along: the ask and bid.

Thank you!


@alphabet_asa

alphabet_asa
03 Dec 2019, 18:51

RE:

PanagiotisCharalampous said:

Hi alphabet_asa,

PipValue will give you the value of a pip in your account's currency. If your account currency is the same with the quote currency then PipValue and PipSize will match.

Best Regards,

Panagiotis

Thank you for the reply! If that's the case then how do I get the currency's exchange rate?


@alphabet_asa

alphabet_asa
11 Nov 2019, 14:39

RE:

Panagiotis Charalampous said:

Hi alphabet_asa,

Thanks for posting in our forum. You can use the Notifications to send an email or play a sound when the price reaches a level.

Best Regards,

Panagiotis

Thank you!


@alphabet_asa

alphabet_asa
11 Nov 2019, 14:39

RE:

Panagiotis Charalampous said:

Hi alphabet_asa,

Thanks for posting in our forum. You can use the Notifications to send an email or play a sound when the price reaches a level.

Best Regards,

Panagiotis

Thank you!


@alphabet_asa