Download MetaTrader 5

Buy stop order use Ask price. How to place buy stop order at Bid price ?

To add comments, please log in or register
Post web links to other trader's signals and make profit
sorasit
359
sorasit 2014.10.16 13:23 

It’s impossible to know floating spread . How to pending  buy stop with Bid price ?

Thank you

whroeder1
14544
whroeder1 2014.10.16 13:33  
sorasit46: It’s impossible to know floating spread . How to pending  buy stop with Bid price ? 
  1. spread == Ask - Bid
  2. Set pending with Bid + average spread (or current spread)
  3. IMO pending orders are for humans that can't watch the market every second. EA's can. Just wait for the Bid to reach your trigger and open an order.
sorasit
359
sorasit 2014.10.17 00:12  
WHRoeder:
  1. ...
  2. ..
  3. IMO pending orders are for humans that can't watch the market every second. EA's can. Just wait for the Bid to reach your trigger and open an order.

After important news report.Market price change very fast.

When Bid reach my trigger point and  EA open buy order.Often recieve requote from server or high range spread.


Thank you

To add comments, please log in or register