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🎯 Convert Points to Pips¢

Convenience method: converts points to pips, automatically handling the difference between 5-digit brokers (1 pip = 10 points) and 3-digit brokers (1 pip = 1 point).

API Information:


πŸ”½ InputΒΆ

Parameter Type Required Description
symbol String βœ… Symbol name (e.g., "EURUSD")
points double βœ… Points value to convert

⬆️ OutputΒΆ

Returns: double - Pips value

Conversion rules: - 5-digit brokers (EURUSD, GBPUSD, etc.): 1 pip = 10 points - 3-digit brokers (USDJPY): 1 pip = 1 point - 2-digit brokers (Gold, indices): 1 pip = 1 point

Examples: - EURUSD (5 digits): 50 points β†’ 5.0 pips - USDJPY (3 digits): 50 points β†’ 50.0 pips - XAUUSD (2 digits): 50 points β†’ 50.0 pips


πŸ’¬ Just the essentialsΒΆ

  • What it is. Convert broker's points to standard pips.
  • Why you need it. Pips are industry-standard, points are broker-specific.
  • Auto-detects. Handles 5-digit vs 3-digit brokers automatically.
  • For display. Use pips when showing results to users.

🎯 Purpose¢

Use this method when you need to:

  • Display point values in industry-standard pips.
  • Compare trading results across different brokers.
  • Report strategy performance in pips (standard measure).
  • Convert internal calculations (points) to user-friendly format (pips).

πŸ”— Usage ExamplesΒΆ

1) Convert points to pipsΒΆ

String symbol = "EURUSD";
double points = 50;

double pips = sugar.pointsToPips(symbol, points);

System.out.printf("%s: %.0f points = %.1f pips%n",
    symbol, points, pips);
// Output: EURUSD: 50 points = 5.0 pips

2) Handle different broker typesΒΆ

String[] symbols = {"EURUSD", "GBPUSD", "USDJPY", "XAUUSD"};
double points = 100;

System.out.printf("Converting %.0f points to pips:%n", points);
for (String symbol : symbols) {
    int digits = sugar.getDigits(symbol);
    double pips = sugar.pointsToPips(symbol, points);

    System.out.printf("  %s (%d digits): %.1f pips%n",
        symbol, digits, pips);
}

// Output:
// Converting 100 points to pips:
//   EURUSD (5 digits): 10.0 pips
//   GBPUSD (5 digits): 10.0 pips
//   USDJPY (3 digits): 100.0 pips
//   XAUUSD (2 digits): 100.0 pips

3) Display trade profit in pipsΒΆ

String symbol = "EURUSD";
double entryPrice = 1.12340;
double exitPrice = 1.12390;
double point = sugar.getPoint(symbol);

// Calculate profit in points
double profitPoints = (exitPrice - entryPrice) / point;

// Convert to pips for display
double profitPips = sugar.pointsToPips(symbol, profitPoints);

System.out.printf("Trade closed:%n");
System.out.printf("  Entry: %.5f%n", entryPrice);
System.out.printf("  Exit: %.5f%n", exitPrice);
System.out.printf("  Profit: %.0f points (%.1f pips)%n",
    profitPoints, profitPips);

// Output:
// Trade closed:
//   Entry: 1.12340
//   Exit: 1.12390
//   Profit: 50 points (5.0 pips)

4) Calculate strategy statistics in pipsΒΆ

String symbol = "GBPUSD";

// Example: Strategy generates average 35 points per trade
double avgPointsPerTrade = 35;
double avgPipsPerTrade = sugar.pointsToPips(symbol, avgPointsPerTrade);

// Example: Max drawdown was 150 points
double maxDrawdownPoints = 150;
double maxDrawdownPips = sugar.pointsToPips(symbol, maxDrawdownPoints);

System.out.printf("Strategy statistics (%s):%n", symbol);
System.out.printf("  Avg profit: %.0f points (%.1f pips)%n",
    avgPointsPerTrade, avgPipsPerTrade);
System.out.printf("  Max drawdown: %.0f points (%.1f pips)%n",
    maxDrawdownPoints, maxDrawdownPips);

// Output:
// Strategy statistics (GBPUSD):
//   Avg profit: 35 points (3.5 pips)
//   Max drawdown: 150 points (15.0 pips)

5) Compare stop loss across symbolsΒΆ

String[] symbols = {"EURUSD", "USDJPY", "XAUUSD"};
double slPoints = 50; // Same SL in points for all

System.out.printf("Stop Loss comparison (%.0f points):%n", slPoints);
System.out.println("Symbol   | Digits | Points | Pips   | Price Units");
System.out.println("---------|--------|--------|--------|------------");

for (String symbol : symbols) {
    int digits = sugar.getDigits(symbol);
    double pips = sugar.pointsToPips(symbol, slPoints);
    double point = sugar.getPoint(symbol);
    double priceUnits = slPoints * point;

    System.out.printf("%8s | %6d | %6.0f | %6.1f | %." + digits + "f%n",
        symbol, digits, slPoints, pips, priceUnits);
}

// Output:
// Stop Loss comparison (50 points):
// Symbol   | Digits | Points | Pips   | Price Units
// ---------|--------|--------|--------|------------
//   EURUSD |      5 |     50 |    5.0 | 0.00050
//   USDJPY |      3 |     50 |   50.0 | 0.050
//   XAUUSD |      2 |     50 |   50.0 | 0.50

6) Real-time spread monitoring in pipsΒΆ

String symbol = "EURUSD";

System.out.printf("Monitoring %s spread:%n", symbol);

for (int i = 0; i < 5; i++) {
    int spreadPoints = sugar.getSpread(symbol);
    double spreadPips = sugar.pointsToPips(symbol, spreadPoints);

    System.out.printf("  Spread: %2d points (%.1f pips)%n",
        spreadPoints, spreadPips);

    Thread.sleep(1000);
}

// Output:
// Monitoring EURUSD spread:
//   Spread: 10 points (1.0 pips)
//   Spread: 12 points (1.2 pips)
//   Spread: 11 points (1.1 pips)
//   Spread: 10 points (1.0 pips)
//   Spread: 13 points (1.3 pips)

πŸ“Œ Important NotesΒΆ

  • Pip vs Point:
  • Point = smallest price increment broker offers (broker-specific)
  • Pip = standard industry unit (0.0001 for FX, 0.01 for JPY)

  • Conversion rules:

    if (digits <= 3) {
        pips = points;        // 1 pip = 1 point
    } else {
        pips = points / 10.0; // 1 pip = 10 points
    }
    

  • Common digit configurations:

  • 5 digits (0.00001): EURUSD, GBPUSD, AUDUSD β†’ 10 points = 1 pip
  • 3 digits (0.001): USDJPY, EURJPY β†’ 1 point = 1 pip
  • 2 digits (0.01): XAUUSD, indices β†’ 1 point = 1 pip

  • When to use:

  • βœ… Displaying results to users
  • βœ… Comparing across brokers
  • βœ… Strategy performance reports
  • βœ… Industry-standard communication
  • ❌ Internal calculations (use points)

  • Reverse conversion:

    // To convert pips back to points:
    int digits = sugar.getDigits(symbol);
    double points = (digits > 3) ? pips * 10 : pips;
    

Digit examples:

EURUSD (5 digits):
  Price: 1.12345
  Point: 0.00001
  Pip:   0.0001 (4th decimal)
  50 points = 5 pips

USDJPY (3 digits):
  Price: 110.123
  Point: 0.001
  Pip:   0.01 (2nd decimal)
  50 points = 50 pips

XAUUSD (2 digits):
  Price: 1850.50
  Point: 0.01
  Pip:   0.01 (same as point)
  50 points = 50 pips


See alsoΒΆ