Currency Converting Problem

HuckleberryBen

Recruit
Messages
3
Hello To All
Been backtesting the USD/JPY.
Here is the problem.
If......Bought 1 lot @ 116.85
Bought 1 lot @ 117.70
Bought 1 lot @ 118.55
Bought 1 lot @ 119.40
Then ..Sold 4 lots @ 120.29

Adding all differnces ...120.29 - 116.85 = 344
120.29 - 117.70 = 259
120.29 - 118.55 = 174
120.29 - 119.40 = 89
866 pips USD/JPY
What is the USD value?
Thank you for reading.
 
You have to do each transaction separately. On each line item, use the execution price to convert back to dollars.
 
thank you

could you please have a look at the thread below named 'easier converting problem'.
i am looking for the complete formula.
regards
 
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