Please what should I do my EA stop trading because I adjusted the Stop Loss to 10 Points I.e 1Pips
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Your stop loss is to close to the current price, brokers have specific limits for these TP/SL distances.
You can check them at the instrument's specfications in the MarkeWatch window >> XAUUSD >> right click >> Specification >> Stop Level.
Eleni Anna Branou #:
Thanks Your stop loss is to close to the current price, brokers have specific limits for these TP/SL distances.
You can check them at the instrument's specfications in the MarkeWatch window >> XAUUSD >> right click >> Specification >> Stop Level.
But 1 Pips Stop Loss can be done manually and with pending orders
I have tried it and it works
Is it possible that the EA does not allow 1Pips stop ?
I just place pending order 10pips above the Price Action with 1Pips Stop Loss and it work
It has nothing to do with the stop level. Look at the spread, if the avg spread is 50 points, when you buy at the ask with a 10 point stop at bid, your are placing the stop INSIDE the spread.
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