Which tradingview indicators can help with pip calculations?

3 answers

• McNamara McgowanNov 26, 2024 · 8 months ago
  Sure! One popular indicator on TradingView that can help with pip calculations is the ATR (Average True Range) indicator. It measures the volatility of an asset and can be used to calculate the potential pip movement. Another useful indicator is the Pip Value Calculator, which allows you to input the currency pair, lot size, and account currency to calculate the pip value accurately. Both of these indicators can be found on TradingView and can assist you in your pip calculations. Happy trading! 💪
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• cmotanya2012May 18, 2022 · 3 years ago
  Calculating pips is an essential skill in trading. When it comes to TradingView, there are several indicators that can help you with pip calculations. One of them is the Moving Average indicator. By plotting the moving average on your chart, you can visually see the price movement and estimate the pip value. Another useful indicator is the Fibonacci retracement tool. It can help you identify potential support and resistance levels, which are crucial for pip calculations. Keep in mind that these indicators are just tools, and it's important to understand the underlying concepts of pip calculations. Good luck with your trading journey! 💰
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• Albertsen WestergaardDec 04, 2024 · 8 months ago
  When it comes to pip calculations on TradingView, there are a few indicators that can be helpful. One of them is the Bollinger Bands indicator. It can give you an idea of the volatility of the market, which is essential for calculating pips. Another useful indicator is the MACD (Moving Average Convergence Divergence). It can help you identify potential trend reversals and estimate the pip movement. Additionally, the RSI (Relative Strength Index) indicator can also be useful in determining overbought or oversold conditions, which can affect pip calculations. Remember, it's important to combine multiple indicators and use them in conjunction with other analysis techniques for accurate pip calculations. Happy trading! 🤝
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