How stop loss or take profit will be triggered on a pending order with a GTC(good till cancelled) validity on mt5
JERII Tz :
Hello guys,
I'm having trouble knowing how my SL or TP will be triggered on mt5 for a pending ( limit, stop or stop-limit) buy or sell order with a gtc validity
You do not need to worry. Stop loss and Take Profit are NOT SEPARATE MARKET orders. These are the levels at which a trade order is ACTIVATED.
That is, if there is no pending order (or position), then there is no Stop Loss and Take Profit.
Hello guys,
I'm having trouble knowing how my SL or TP will be triggered on mt5 for a pending ( limit, stop or stop-limit) buy or sell order with a gtc validity