Advanced Stop Loss Issue
Advanced Stop Loss Issue
11 Mar 2021, 09:04
I have been using the cTrader software for over year and noticed that in some of my trades where I had used the Advanced Stop Loss feature I actually made a small loss.
I have just discovered that when selecting the Move Stop Loss To Break Even and adding a few pips it only calculates the commissions.
It does not take into account the swap fee.
I tested this by moving the SL of an open position to a point where it will profit by $1.
I then applied the Advanced Stop Loss to break even with 1 pip added.
Since the position has been open for a few months it has gained roughly $15 worth of swap fees.
Upon modifying the position it moved the SL to where it will break even plus the 1 pip but with ~-$15 profit.
I understand the feature does what it has been designed to do but would it be possible to change it so that it will take into account all the fees and commissions?
Thank you.