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Last updated on September 11, 2020 by Tomas Vanek

The strategy tried to place stop/limit order at incorrect price

If you are running or backtesting strategie from StrategyQuant X in Metatrader 5, you might can see this info message in your logs:

020.08.26 00:00:01.102 Strategy 1.4.130 (MYMU20,H1) 2020.08.25 22:00 No pending orders of that type
2020.08.26 00:00:01.118 Strategy 1.4.130 (MYMU20,H1) —VERBOSE— 2020.08.25 22:00 Based on its logic, the strategy tried to place stop/limit order at incorrect price. Market price: 28220.00000000, min. price allowed: 28220.00000000, stop/limit order price: 27966.00000000

Is this an error? No. Here is explanation:

It means the entry conditions of the strategy were met and normally the strategy would open a new order. But in this case the calculated order price was out of the market and the order was skipped because of that. It means the entry conditions of the strategy were met and normally the strategy would open a new order. But in this case the calculated order price was out of the market and the order was skipped because of that.

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