I think something is missing or not implemented.
Status changed from New to Fixed
your config is OK, the "convert to pips" is only an internal conversion block.
As Hankeys said, it's job is to convert values into pips.
I think you can see this pseudo code only when importing old SQ3 strategies into SQX, because there is some transformation made which needs to use this kind of conversion.
Best regards,
Tomas