Trading & Investing
Profit
The signed pip move multiplied by the value of a pip.
The Formula
Profit = Pips x Pip value
The signed pip move multiplied by the value of a pip.
| Symbol | Meaning | Unit | Notes |
|---|---|---|---|
| p | Pips moved | count | Signed pip move. |
| v | Pip value | currency | Value of one pip at this size. |
What Each Symbol Means
pcount
Pips moved
Signed pip move.
vcurrency
Pip value
Value of one pip at this size.
See It Worked With Real Numbers
A formula on its own does not tell you which number goes where. The how to calculate forex profit page applies this equation to a concrete case, shows every intermediate step, and names the mistakes that produce a wrong answer even when the algebra is right.
Where This Formula Appears
This equation is the working core of How To Calculate Forex Profit, filed under Finance. Every number the guide produces comes from substituting into this one line.