Ex. 3: Calc value per pip
The Forex Smart Tools Trade Log offers some of the functions of a mini-spreadsheet in the form of the Calculation type custom parameter. To understand its use, we present a series of examples for you to study.
Question: I want to calculate my actual value per pip made.
Answer: You could use the calculation parameter to do just that with the following formula:
(( [Grossvalue] + [Swap] ) — [Commission] ) / [Workingpips]