Free Calculator
Pip And Point Value Calculator For Gold, EURUSD, ES, NQ And Bitcoin
See what one pip, point or tick is worth in dollars at your size, and the value of any move.
What Pip And Point Value Means
Every market moves in small price steps. In forex those steps are pips, in index futures they are points, and in gold and bitcoin they are US dollars. The pip or point value is how many dollars one of those steps is worth at the size you trade.
Knowing it turns a distance on the chart into money. A stop that looks small on the chart can be a large dollar amount at a large size, and the value per pip or point tells you which. The calculator above shows the value per pip, point and tick, and the value of any move, for XAUUSD, EURUSD, ES, NQ and BTC.
Once you know what your stop is worth in dollars, size the trade with the position size calculator.
Pip And Point Values By Market
The contract values the calculator uses, per one lot or contract.
XAUUSD (Gold)
1 lot is 100 oz. A $1 move is $100 per lot, a $0.10 move is $10 and the $0.01 tick is $1.
EURUSD (Forex)
1 pip is 0.0001. A standard lot (100,000 units) is $10 per pip, a mini lot (0.10) is $1 and a micro lot (0.01) is $0.10.
ES (S&P 500 Futures)
$50 per point. The 0.25 tick is $12.50. MES, the micro, is $5 per point and $1.25 per tick.
NQ (Nasdaq-100 Futures)
$20 per point. The 0.25 tick is $5. MNQ, the micro, is $2 per point and $0.50 per tick.
BTC (Bitcoin)
1 BTC changes by $1 for every $1 the price moves. 0.5 BTC changes by $0.50 for every $1.
How To Calculate Pip Value
The formula is the same on every market: value of a move = value per unit × size × units moved. Only the value per unit changes. Here are worked examples at typical sizes.
- EURUSD: 1.25 lots × $10 per pip × 8 pips = $100.
- XAUUSD: 0.20 lots × $100 per $1 × a $5 move = $100.
- ES: 2 contracts × $50 per point × 4 points = $400. The same 4 points on 2 MES is $40.
- NQ: 3 contracts × $20 per point × 10 points = $600. On 3 MNQ it is $60.
- BTC: 0.2 BTC × $1 per $1 × a $500 move = $100.
On EURUSD a pip is worth $10 per standard lot because the US dollar is the quote currency, so a US dollar account needs no conversion. All values here are in US dollars.
Gold, Forex, Futures And Bitcoin Compared
Gold. Platforms do not agree on what a pip of gold is. Some call $0.10 one pip and $0.01 one point, others quote everything in dollars. The calculator shows the value of $1, $0.10 and $0.01 so you can match your own platform.
Forex. EURUSD is quoted to five decimal places. The fifth digit is a pipette, one tenth of a pip. A pip is $10 per standard lot, $1 per mini lot and $0.10 per micro lot.
Futures. ES and NQ both move in 0.25 point ticks. A tick is a quarter of a point, so ES is $12.50 per tick and NQ is $5. The micro contracts, MES and MNQ, are one tenth of the full contract.
Bitcoin. BTC is priced in dollars and sized in coins, so the value of a move is simply the number of coins times the dollar move.
Use Pip Value With A ProvenSignals Signal
A ProvenSignals alert gives the market, the direction and the chart timeframe, for example XAU/USD Buy Signal, Chart 1-minute. It does not include an entry, stop or targets. You place those on your own chart: for a buy, the stop goes below recent support, and for a sell, above recent resistance.
These are quick trades, and many traders look to close after about a 3-5 candle move in the direction of the trade on the alert's timeframe. Measure your stop distance, multiply by the pip or point value to get the dollar loss at your size, then adjust the size until that amount fits your plan. The position size calculator does that sizing for you.
Read the full routine in the how to read trading signals guide, check when each market is active with the market sessions clock, and get the free signals on ProvenSignals and Telegram.
Frequently Asked Questions
Value per pip equals the value of one pip for a single lot, times your size in lots. For EURUSD one standard lot is $10 per pip, so 0.50 lots is $5 per pip. The same idea applies to points on ES and NQ.
There is no single rule. Many platforms treat a $0.10 move as one pip of gold and $0.01 as one point. The calculator shows the value of a $1, $0.10 and $0.01 move at your size so you can match your platform.
A tick is the smallest price step. On both ES and NQ it is 0.25 points. On ES that is $12.50 per contract and on NQ it is $5. On the micros, MES and MNQ, it is $1.25 and $0.50.
They are micro contracts sized at one tenth of ES and NQ. MES is $5 per point against $50 for ES, and MNQ is $2 per point against $20 for NQ.
The values are in US dollars, which is the quote currency for these markets. If your account is in another currency, convert at your own exchange rate.
Join the free ProvenSignals Telegram at t.me/provensignals.
More Free Tools
Position Size Calculator
Turn your stop into lots, contracts or coins for gold, ES, NQ, EURUSD and BTC.
Pip & Point Value Calculator
See what one pip, point or tick is worth in dollars at your size.
Market Sessions Clock
Live Sydney, Tokyo, London and New York hours in your own time zone.
Get The Signals
Join the free Telegram channel for signals on XAUUSD, ES, NQ, EURUSD and BTC. Then put a dollar value on every stop with this calculator.