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revovisions  

If market is ranging and your buystop is triggered then market pulls back and closes your trade when the opposite sellstop is triggered what happens to your order after that?  Does the triggered sellstop have no hedge (a new buystop) until the next candle closes?  Or does the EA keep track of pips and place its own stop level when price moves quickly?


thanks for your time

Shao Shu Yi  
revovisions:

If market is ranging and your buystop is triggered then market pulls back and closes your trade when the opposite sellstop is triggered what happens to your order after that?  Does the triggered sellstop have no hedge (a new buystop) until the next candle closes?  Or does the EA keep track of pips and place its own stop level when price moves quickly?


thanks for your time

Hi, in this situation, a new buystop orderwill not place until the next bar open. The EA tracks the price movement and place the order at the open of a bar if the market conditions is satisfied. 

revovisions  
Shao Shu Yi:

Hi, in this situation, a new buystop orderwill not place until the next bar open. The EA tracks the price movement and place the order at the open of a bar if the market conditions is satisfied. 

revovisions:

If market is ranging and your buystop is triggered then market pulls back and closes your trade when the opposite sellstop is triggered what happens to your order after that?  Does the triggered sellstop have no hedge (a new buystop) until the next candle closes?  Or does the EA keep track of pips and place its own stop level when price moves quickly?


thanks for your time

Excellent, thank you!