Calculating pips for gold is easy to process in MT4 when traders trade in lots. For example, if you are a Metatrader trader and trade 1 lot XAUUSD profitable trade from 1800 till 1801 or 100 pips, you will earn $100.
So 1 pip in XAUUSD, for 1 lot trading size is worth $1 in MetaTrader.
Gold pip calculator represents the simple calculation of earnings based on trading size and trading pips when traders trade Gold instruments. The gold pip profit calculator is presented below.
Trader since 2007. Currently work for several prop trading companies.
