Buy Stop / Buy Limit MBTrading and MetaTrader
Posted: Fri Aug 20, 2010 1:54 am
So I have MBTrading account and I am mostly using MetaTrader for charting and order execution too. As per TRO RAT
1- Red Candle Close
2- Green Candle Close
3- Enter Long at the high of Green Candle
The problem is if i enter Buy Stop order, it takes the spread into account and I already down 2 pips into the trade.
whereas Buy Limit never got executed in this case.
Trying to catch a few pips while already going down 2pips negative is challenging.
What is your advice.
thanks
1- Red Candle Close
2- Green Candle Close
3- Enter Long at the high of Green Candle
The problem is if i enter Buy Stop order, it takes the spread into account and I already down 2 pips into the trade.
whereas Buy Limit never got executed in this case.
Trying to catch a few pips while already going down 2pips negative is challenging.
What is your advice.
thanks