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Handy lil Pip Value Indicator - PipValueLite

Aug 25 2016 at 06:07
18 posts
Hey everyone! Jack here from New Zealand. First post – I've been trading for about 5 years and trade with Vantage FX in Sydney 😀

This is a really handy indicator for those who like to calculate position size manually. Indi displays the pip cost for current symbol at user defined position on chart. It's based on Stuart Browne's open source 'Simple Pip Value Calculator' but is much more lightweight!

Stuart's original version was multi-line and always anchored to the left corner of your chart so often got in the way:

This version outputs just a single line of text, and position, font, colour etc are all customisable! Works great with chart shift – just tucks away in the top right corner:

Here it is PipValueLite.ex4:


Aug 26 2016 at 07:37
8 posts
Thanks for sharing JayTee - that's really handy!
I trade with Vantage too - great broker!

Aug 30 2016 at 06:38
18 posts
No worries Woody, yeah Vantage are great!

CarlosMZ (CarlosMZ)
Oct 30 2016 at 07:28
55 posts
thank you for sharing this! looks good and i will also give it a try. very useful!

Nov 04 2016 at 09:12
18 posts
No worries Carlos - enjoy!

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