pending order

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highlander
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pending order

Unread post by highlander »

I have downloaded the mt4 from alpari uk,but when I try to place a pending order I it will not accept the trade and says I must be at least 20 pips from the present price and as the AIMS objective is to take a SL not more than 15 points away that is a problem.
Is there any other mt4 platform from a differant broker that does not limit you like this.
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Grant
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Re: pending order

Unread post by Grant »

HI there,

Alpari work to 5 decimal places so 20 pips to them is actually 2.0 pips to us...


Cheers

grant
success = patience + discipline - greed
highlander
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Re: pending order

Unread post by highlander »

grant18265 wrote:HI there,

Alpari work to 5 decimal places so 20 pips to them is actually 2.0 pips to us...


Cheers

grant
Hi Grant,thanks for the help but I have just seen on a pending order there are buy and sell limit and buy and sell stop which would I use in a trade? :-?
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Grant
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Re: pending order

Unread post by Grant »

we always use stop (buy/sell) orders

so for example, looking long and the set up is good and the aims high is at 1.30767, i place a buy stop PO at 1.30800...

hope this helps
Grant
success = patience + discipline - greed
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