Handy lil Pip Value Indicator - PipValueLite

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: https://drive.google.com/open?id=0Bz6rPRZbErA7VTR0U3l6NnVPUDg

Thanks for sharing JayTee - that's really handy!
I trade with Vantage too - great broker!

No worries Woody, yeah Vantage are great!

thank you for sharing this! looks good and i will also give it a try. very useful!