Hi. So I just started learning MQL4 and was testing if I could send order at Ask price on USDJPY.
However, whenever I try to run the program on MT4, I keep on getting "Error 130", although I set SL/TP far apart from Ask price.
Why is this happening??
int orderID = OrderSend(NULL,OP_BUYLIMIT,0.01,Ask,10,105.109,109.261);
if(orderID < 0) Alert("order rejected. Order error: " + GetLastError());
You cannot (usually) place a buy limit at ask.
In future please post in the correct section
I will move this topic to the MQL4 and Metatrader 4 section.
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
On some ECN type brokers the value might be zero (broker doesn't know.) Use a minimum of two (2) PIPs.