How reacts the EA if the market jumps the stop loss?
8 replies
AndrEAs SQ
9 years ago #113544
AndrEAs
Matusiak Adrian
9 years ago #129637
Hello Andreas,
Every SL works the same – closes at first available price after SL point.
If there was sudden move, there might be possible to close at such bigger SL level.
EA haven’t got enough time to close at SL lever so server declined to close at such quote. Your strategy will try do the same on next tick. If in time between send order and recivie order by server (approx 200ms) price would change again then it goes on and on and on…
Seems that You have been on very big move, or Your broker is doing some “tricks”.
davbal
9 years ago #129638
Hello,
I apologize in advance for English. What is your broker? This is his fault. At my broker price 163.711 ever not been.
Personally, I think that this situation does not give any protection to MQL. But I’m not a programmer.
I looked at your mfxbook and you got one more such trade. The SL was set to 1063 pips, that is correct? Or it wrong set MQL?
David
AndrEAs SQ
9 years ago #129639
AndrEAs
AndrEAs SQ
9 years ago #129640
Matusiak Adrian
9 years ago #129641
seaton
9 years ago #129646
Even brokers won’t guarantee orders/stops on gaps, just look what happened earlier this year with the CHF, send a lot of brokers broke and I’m sure blew a lot of traders accounts.
Unfortunately this is the risk of the Forex market.
geektrader
9 years ago #129674
You are right seaton, but for GBPJPY there was no event which caused a 1000 pips gap at this time. That was a broker error (or a wrong price from one of their LPs which came through the gap filter) by his broker and that´s the reason they´ve refunded him those trades.
Threshold
9 years ago #129779
Its false data. There was no such move. Get a refund from the broker. Of course slippage happens and there is nothing an EA can do about it but the GBPJPY never moved that much in 1day. Your broker glitched.
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