Quick trade stop los setting should be multiple*base minimum spread(or something minimum pips) not fixed number of pips

Created at 17 Feb 2023, 10:04
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admaster

Joined 17.02.2023

Quick trade stop los setting should be multiple*base minimum spread(or something minimum pips) not fixed number of pips
17 Feb 2023, 10:04


The quick trade function is very sophisticated!

However, it is very inconvenient because it uses a common loss cut for indexes, crypto, and other Forex.
For example, when setting 10 to 30 pips as a loss cut, which is common in FX settings,
Buy US30 for 34000 and the loss cut will be executed almost immediately.
There are 2 solutions
1: Allow settings to be changed for each symbol
2: Allows a multiplier to change the symbol spread.

Since function 1 seems complicated, I would like to ask you to add the latter function.


cTrader
@admaster
Replies

kim.iasalamo9881
25 Feb 2023, 12:07 ( Updated at: 27 Feb 2023, 07:58 )

Thank you for providing more context.

It sounds like you are referring to a trading platform that allows for quick trades with a fixed stop loss setting. However, this setting is not adjustable for each individual symbol, which can lead to issues when trading on symbols with different spreads or volatility.

Your proposed solution of allowing a multiplier to adjust the stop loss based on the symbol's spread is a reasonable idea. This would help ensure that the stop loss is appropriate for each symbol and would reduce the likelihood of being stopped out too quickly on symbols with larger spreads.

If you are using a specific trading platform that offers this feature, I suggest reaching out to the platform's customer support team and requesting that they add this functionality. They may already have plans to implement this feature or be willing to consider it based on user feedback.

Alternatively, if you are a developer or have programming experience, you could consider creating your own trading platform or customizing an existing one to include this functionality. PMP Payslip


@kim.iasalamo9881