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Average pip per trade for provaiders
Aug 14, 2015 at 13:55
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1 Replies
Aug 14, 2015 at 13:55
One of the requirements for service providers is Average pip per trade for providers (expectancy) of at least 3
How the Average pip per trade is calculated?
I calculate it as the sum of all transactions for a period of 3 months (N)
total pips = Sum(MathAbs(OrderOpenPrice()-OrderClosePrice())/vpoint,N)
Average pip per trade = total pips / N
My calculations show that the average Average pip per trade on my account is 11.8 pips (118point for 5 digits), but when I 'Check if my trading accounts are eligible:' it is show that Average pip on my account is ineligible
Why?
How the Average pip per trade is calculated?
I calculate it as the sum of all transactions for a period of 3 months (N)
total pips = Sum(MathAbs(OrderOpenPrice()-OrderClosePrice())/vpoint,N)
Average pip per trade = total pips / N
My calculations show that the average Average pip per trade on my account is 11.8 pips (118point for 5 digits), but when I 'Check if my trading accounts are eligible:' it is show that Average pip on my account is ineligible
Why?
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