RunnrX wrote:The buy stop is ok for half of what I want to do, but it's still missing the aspect that says "I'll pay this much for it and no more". The buy stop still gets me market price instead of what I say I'll get in at, so I slip a few pips each time.
I just liked how in MBT Desktop Pro you could make a limit order above ask, so you'd get filled as fast as a market but never higher than you say you'll pay. I would love to get that going in MT4 but it isn't lookingl likely
Limit orders are available in MT4. The one problem is when price jumps over your limit you will not get filled. This has become more of a probelm since the brokers began using extra digits to allow fractional pips. With stop orders you will still get filled if price jumps this way.
Another issue is that most brokers ignore settings for slippage and just requote instead.