Pending Orders

Stephen Andrew Collins 2020.03.05 18:36

Hi all,

I'm new to MQL5.

WHat is the difference between ORDER_TYPE_BUY_LIMIT and ORDER_TYPE_BUY_STOP?

Also I'm using the following line to place an order at a price which may or may not be ht in the future. Is this correct?

myOrderSend(ORDER_TYPE_BUY_STOP, price, TradeSize, "");

Any help would be greatly appreciated

Steve

William Roeder 2020.03.05 19:02 #1

voysyt: WHat is the difference between ORDER_TYPE_BUY_LIMIT and ORDER_TYPE_BUY_STOP?

Limit: That price or better (lower for a buy.) Stop: When market hits price, it becomes a market order.