Pip is an acronym for percentage in point or price interest point. A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point.

What is the EA or trading robot? Expert advisor (EA) or FX trading advisor is the form of software that can automatically initiate your trade, enter and exit a trade as per the programming instructions set in the software. Trading signals are automatically generated by the fx trading advisor, and