Symbol.PipValue

property · Symbol · cAlgo.API.Internals

DesktopCLICloud

Gets the monetary value of one pip. This is the monetary value of one pip of the symbol when you started your cBot or initialized your indicator. Its not updated in real time and it remains constant.

Definition

C#Python

double PipValue {get;}

api.Symbol.PipValue: float

Returns double

Examples

C#Python

var riskAmount = Account.Balance * 0.01;
var stopLossPips = 20;
var volume = Symbol.NormalizeVolumeInUnits(riskAmount / (stopLossPips * Symbol.PipValue), RoundingMode.Down);
Print("Volume risking 1% with a {0} pips stop loss: {1}", stopLossPips, volume);

riskAmount = api.Account.Balance * 0.01
stopLossPips = 20
volume = api.Symbol.NormalizeVolumeInUnits(riskAmount / (stopLossPips * api.Symbol.PipValue), RoundingMode.Down)
api.Print(f"Volume risking 1% with a {stopLossPips} pips stop loss: {volume}")