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January 25, 2018
What is Trailing Stop order on MT4? What to be careful?
A trailing stop loss is a special type of trade order where the stop-loss price is set at a predetermined level below or above current market price. As the value of the asset moves up or down (depending on the direction of the trade)...
January 17, 2018
How to set pending orders, limits and trailing stops on my order on MT4 platform?
To place a pending order, in the Order window, select Pending Order from the Type drop down menu. Then select the type of Pending Order from the new Type drop down list that appears. Enter the price at which you want the order to...
January 12, 2018
What is a Trailing Stop on MT4? How does it work?
Trailing stops automatically adjust to the current market price, providing the investor with greater flexibility to profit, or limit a loss. For example, if we set our trailing stop initially at -10 pips and then the trade moves in o...
January 6, 2018
What is a Trailing Stop? Will it be triggered if I am offline?
Trailing Stop regime provides a mechanism for automatic update of the linked order Stop Loss by the following rule. If the profit of the position becomes higher than the set fixed distance, Stop Loss order moves to the level at which ...
December 11, 2017
How can I place/change a Stop Loss/Take Profit order?
Standard Account: You can set your Stop Loss/Take Profit in the new order window. ECN Account: You can set the Stop Loss/Take Profit after placing a new order by double clicking on the order or with a right click. Amend it by selectin...
October 23, 2017
List of Order Types and How they work on Forex trading platforms
Use Order Types to manage risks List of Orders Types and How they work Market Order Limit Order Limit Entry Order Stop Order Stop Entry Order Stop Limit Order Stop Loss Order Trailing Stop Good For the Day Once Cancels the O...
October 11, 2017
Does "trailing stop" order work on cTrader even the platform is closed?
Yes, "Trailing Stop Loss" order works on cTrader trading platform even if your account is logged out or the platform is closed. This condition is also the same for all open positions and pending orders. Closing/logging out the plat...
November 30, 2016
Why "EAs" and "trailing stop" don't work when MT4 is offline/closed?
MetaTrader4 trading platform doesn't allow EAs(expert advisers) and trailing stops to work when the platform itself is offline or closed. It is because the information of the script and trailing stop orders are not sent to the trading...
August 12, 2016
Why MT5's (MetaTrader5) Pending Orders are cancelled(or not executed) automatically?
There is only one possible reason of "Pending Orders being cancelled", which is you didn't have sufficient funds to execute that order As FXPro has set in its trading platforms, all pending orders(to open positions such as Sell/Buy Li...
August 12, 2016
How to set "Pending Orders" on MT5 (MetaTrader5) trading platform?
A pending order is an instruction to open a position when the instrument reaches a certain price pre-defined by you. You can place a pending order via the main "Order" window. To open the "new order" window, you can simply click on...
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