Forex Trading

Understanding TradingView Pips: Understanding their Representation

4 min read

Tradingview Pips is a term used to describe the smallest incremental movement in the price of a currency pair in the foreign exchange (Forex) market. One pip is equal to one-hundredth of a percent or 0.0001 in decimal form. Pips help traders to calculate their profits and losses from their trades easily and accurately. An understanding of how pips work is essential to successful Forex trading.