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.
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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