Stop Loss on mt4 EA not honored
golfone: We have created a EA that seems to get the stop loss honored on Demo accounts but not on Live accounts. Please help with suggestions. This EA uses fixed stops at a set price to exit ALL trades.
Are you taking into account the variable spread of a live account?
There is a Ask price and a Bid price. Charts only shows the bars/candles based on Bid prices.
- A "buy" position opens at the Ask price and closes at the Bid price.
- A "sell" position opens at the Bid price and closes at the Ask price.
Enable the Ask price line on your chart so that you can track the current value visually.
We have created a EA that seems to get the stop loss honored on Demo accounts but not on Live accounts. Please help with suggestions.
This EA uses fixed stops at a set price to exit ALL trades.