Stop Level

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Does anyone know where the exact stop level application is?
 
atsy:
Does anyone know where the exact stop level application is?

this level is set by your broker and the account you are using...

when programming (mt4) use the following code to get this information;

MarketInfo(Symbol(),MODE_STOPLEVEL);
 
atsy:
Does anyone know where the exact stop level application is?

Thank you

I use MODE_STOPLEVEL and know it is a property of all symbols. for example for gold it is 50 point and eurusd is 20 point.

But i don't know what it is? 

I think that It sets limits for us on commands that operate on price.

But I don't know exactly what the restrictions are.

Do you know?

 
atsy:

Thank you

I use MODE_STOPLEVEL and know it is a property of all symbols. for example for gold it is 50 point and eurusd is 20 point.

But i don't know what it is? 

I think that It sets limits for us on commands that operate on price.

But I don't know exactly what the restrictions are.

Do you know?

it's the minimum distance from price were you can set your stop loss

 
Kenneth Parling:

it's the minimum distance from price were you can set your stop loss

And take profit??? Or only use to set sl?

tanx.

 
atsy:

And take profit??? Or only use to set sl?

tanx.

it defines the minimum level at which point a stop loss is allowed to be set and not take profit..

 
You can't move stops (or pending prices) closer to the market than the minimum: MODE_STOPLEVEL * _Point or SymbolInfoInteger(SYMBOL_TRADE_STOPS_LEVEL).
          Requirements and Limitations in Making Trades - Appendixes - MQL4 Tutorial
 
William Roeder:
You can't move stops (or pending prices) closer to the market than the minimum: MODE_STOPLEVEL * _Point or SymbolInfoInteger(SYMBOL_TRADE_STOPS_LEVEL).
          Requirements and Limitations in Making Trades - Appendixes - MQL4 Tutorial

thank you a lot

Now I understand

 
Kenneth Parling:

it defines the minimum level at which point a stop loss is allowed to be set and not take profit..

Stopslevel also applies to takeprofit.

 
Alain Verleyen:

Stopslevel also applies to takeprofit.

That's right. I use to set TP .

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