Replies

generalovaelena2010
20 Sep 2018, 16:51

How to close a market order on exactly the price that I need?


@generalovaelena2010

generalovaelena2010
20 Sep 2018, 16:11

Yes, you can use a limit order. How to close the order at the right price?


@generalovaelena2010

generalovaelena2010
20 Sep 2018, 15:48

The problem is as follows. The condition for the opening of the Sell order is when the Bid price reaches the indicator line. Immediately thereafter, a request to open the order is sent. But in those fractions of a second that pass between checking the condition and sending the order, Bid's price has time to change. And slippage is considered from the price at the time of sending the request, and not from the price at the time the condition for the opening of the order is met. Between these prices there can be a big difference


@generalovaelena2010

generalovaelena2010
20 Sep 2018, 15:31

Then why does Meta Trader 5 allow you to set the desired price for opening an order? This is very convenient when you can specify the desired price. If the actual price differs from the desired price more than slippage, then the order simply does not open. Why can not this be done in cTrader?


@generalovaelena2010

generalovaelena2010
20 Sep 2018, 14:45

Thanks for the answer! Can you tell  me  why it woks in this way? I wrote a robot and tried to trade. But I see that there are big slippage when opening and closing orders.


@generalovaelena2010