Download MetaTrader 5

Profit in trade MT4

To add comments, please log in or register
Pedro Sanz
55
Pedro Sanz  

Hi,

 I would like someone to explain me the following: 

 I am testing a certin strategy in MT4 in a demo account.

At some point, I have placed a SELL order, the pirce goes below the price of my sell order, however my profit is still in negative.

Why is that?

Here you can see an example image.

 

 

Keith Watford
Moderator
10362
Keith Watford  

A sell order is settled at Ask, the chart is Bid. Bid may be below tour entry but Ask isn't.

You can see that the settling price is 1.29433 which is above your entry 

Pedro Sanz
55
Pedro Sanz  

oh ok

 

So the green line has nothing to do here when the order is SELL? 

whroeder1
15304
whroeder1  
eddieTrader: So the green line has nothing to do here when the order is SELL? 
  1. The green line is where you sold (1.29427.) The order will be in profit when the Ask (currently 1.29433) goes below the green.
  2. Turn on the Ask line so you can see the spread.
To add comments, please log in or register