Invalid Stop Loss or Take Profit

 

please help

In my MT4, Anytime i place my stop loss and take profit, and click either buy or sell as the case may be i keep on getting "IVALID S/L OR T/P.

pls what should i do?

Also when i place a trade without stop loss and take profit and afterwards try to modify it i keep getting this response  "stop loss or take profit you set must differ from market price by at least 2000 point'

pls help me out, what should i do

Basic Principles - Trading Operations - MetaTrader 5 Help
Basic Principles - Trading Operations - MetaTrader 5 Help
  • www.metatrader5.com
is an instruction given to a broker to buy or sell a financial instrument. There are two main types of orders: Market and Pending. In addition, there are special Take Profit and Stop Loss levels. is the commercial exchange (buying or selling) of a financial security. Buying is executed at the demand price (Ask), and Sell is performed at the...
 
Hi, you need to increase SL and TP to more than 2000 points, than you will can place orders. Regards Greg 
 
i am intra-day trader and a scalper, increasing my SL and TP to up to 2000 points will result to huge loses. pls what should i do
 
Nabking:
i am intra-day trader and a scalper, increasing my SL and TP to up to 2000 points will result to huge loses. pls what should i do

Usually brokers require a distance of 10-50 points from current price, when placing TP or SL, except ECN ones that usually have a 0 points tolerance.

This is all broker related though, so contact your broker for help/advice.

 
Use the search button, you will often find other people that have had similar issues and solved them.

Is so annoying read every day the same issues.

https://www.mql5.com/en/forum/330558
 
Please use the link button (Control-K) See the difference?  https://www.mql5.com/en/forum/330558
          Messages Editor
 
Greg Pawlak:
Hi, you need to increase SL and TP to more than 2000 points, than you will can place orders. Regards Greg 

who want's to trade with that kind of huge stop loss and take profit....?  you maybe :P

Basic Principles - Trading Operations - MetaTrader 5 Help
Basic Principles - Trading Operations - MetaTrader 5 Help
  • www.metatrader5.com
is an instruction given to a broker to buy or sell a financial instrument. There are two main types of orders: Market and Pending. In addition, there are special Take Profit and Stop Loss levels. is the commercial exchange (buying or selling) of a financial security. Buying is executed at the demand price (Ask), and Sell is performed at the...
 
Kenneth Parling:

who want's to trade with that kind of huge stop loss and take profit....?  you maybe :P

this is the solution how to trade with this limit if Nabking want trade with this SL and TP that is his case:)