Download MetaTrader 5

Closing Price

To add comments, please log in or register
Interested in earning money via MQL5 Cloud Network? Enter your profile!
jannetrader
38
jannetrader 2015.09.16 09:54 
Is there anyone who can explain why I can not see the closing price at the same time when I look at the 30 min chart, 5 min chart and 1 hour charts?
The closing price is supposed to be the same regardless of the chart.
Is there any settings that need to be made or adjusted my MetaTrader?
Thanks in advance!
Greetings
Jan-Inge Rydh
jannetrading@gmail.com
Isauro Martinez Tamez
639
Isauro Martinez Tamez 2015.09.23 18:34  

You should remember that there are two prices: bid price and ask price, you usually see the bid price on the chart.

If you open a sell position you are opening your trade with the bid price, and you will close it with the ask price.

If you open a buy position you are opening your trade with the ask price, and you will close it with the bid price.

The difference is what your broker profits from your operation, and I'm not sure if you are able to configure the settings of the chart so you can se only the ask price. 

To add comments, please log in or register