If anyone is interested, I’ve developed a PIP value and margin calculator.
Its excel based, imports latest fx rates for the pair selected automatically and then calculates the PIP value, margin requirement as well as number of pips you can risk based on your equity and risk %.
If you have any comments, suggestions or improvements, please let me know.
Macros must be enabled, when you open the file the first time, please press escape in order for refreshing to be cancelled.
PIP Calculator.zip (71.3 KB)