Is auto PT/SL/TL calculate from close price?

Is auto PT/SL/TL calculate from close price?

I have found when market price reach to the auto-setting SL but the close price don’t for the same bar, the order would not set a stop loss for this case. I just want to make sure the rule and check if there are other problems of my strategy.  Thanks.

Hello, the best if you attach your strategy. Alternatively you can send to our email  [email protected]

Hi, you can see in the attached file, I use EURUSD/M30 to test, you can see the example of 2020.03.16 11:00 long order entry. I set the stoploss to move after the profit exceeds 50pips . However, it can be seen from the k bar chart that at 2020.03.16 12:00 the highest high has profit more than 50pips, but the order has not been triggered to move stoploss and eventually led to a loss.  I just use the data of a broker as an example, maybe you can find similar examples with any broker.

I want to know how to let the order be controlled in time, instead of waiting until the previous k-bar closed.

Should I use “ask-OrderOpenPrice” or “bid-OrderOpenPrice” instead of “Open P/L in pips” or other methods?

Thank you a lot.

Hi,

if you want to trigger the TSL using tick-by-tick resolution you can do it only in MetaTrader. SQX evaluates these modifications only once per bar.

See the screenshot attached how to setup for MetaTrader