Enter the total number of pips gained and the value of each pip ($) into the calculator to determine the PIPS Profit. ## PIPS Profit Formula The following formula is used to calculate the PIPS Profit. Ppips = PG * V • Where Ppips is the PIPS Profit ($)
• PG is the total number of pips gained
• V is the value of each pip ($) To calculate the PIPS profit, multiply the number of pips gained by the value of each pip. ## How to Calculate PIPS Profit? The following example problems outline how to calculate PIPS Profit. Example Problem #1: 1. First, determine the total number of pips gained. In this example, the total number of pips gained is given as 100. 2. Next, determine the value of each pip ($). For this problem, the value of each pip ($) is given as 20. 3. Finally, calculate the PIPS Profit using the equation above: Ppips = PG * V The values given above are inserted into the equation below: Ppips = 100 * 20 = 2000 ($)

Example Problem #2:

The variables needed for this problem are provided below:

total number of pips gained = 300

value of each pip ($) = 20 Entering these values and solving gives: Ppips = 300 * 20 = 6000 ($)