Insert orders forex automatically
for placing Sell Limit. Usually this order is placed in anticipation of that the security price, having reached a certain level, will keep on falling. For this purposes, several types of trade orders are used. In other words, an order triggers when the Last price touches the price specified in the order. For symbols with Exchange Stocks, Exchange Futures and Futures Forts calculation modes, Stop Loss and Take Profit orders trigger according to the Last price (price of a last executed deal).
Market Orders, a market order is an instruction given to a brokerage company to buy or sell a financial instrument. Take Profit and Stop Loss levels are placed for a position according to its latest order (market or triggered pending order). If the price of the instrument reaches this level, the position is fully closed automatically. If a position is partially closed, Stop Loss and Take Profit are not changed by the new order. Sell Stop a trade order to sell at the "Bid" price equal to or less than the one specified in the order. The price at which the deal is conducted is determined by the type of execution that depends on the symbol type. This order condition for long positions is checked using the Bid price (the order is always set above the current Bid price and the Ask price is used for short positions (the order is always set below the current Ask price). The current price level is lower than the value in the order.
Current price order price the price, reaching which the pending order will be placed. In addition, the platform allows to control and manage open positions. Current market state, forecast. Undo_EndBlock Insert FX Plugin -1). The current price level is higher than the value in the order. We have arranged a 22 real-time commission discount for their MT4 platform, or 8 real-time commission discount for cTrader. Buy Stop a trade order to buy at the "Ask" price equal to or greater than the one specified in the order.
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