I've noticed Interbank FX MT4 doens't have restictions on Stops/Limits
the way some of the other MT4s do.
What I mean is if your Expert says to buy @80 and place a tight stop at 72
or 73 (which would be very tight factoring in the spread) and a limit order of
something comparable like 87 or 88 (or even less if you trade that way)
the Interbank FX MT4 will accept the order. Some brokers wont.
So, if StopLoss is >10 or TakeProfit is >10 it doesn't care, it likes it.
Still have to use an OrderModify() to work around a 15 pip Trail though.
Any ideas as to why so many of the MT4 FX shops are still being restrictive ?
If they're gonna bucket the trades, they're gonna bucket the trades no matter
if it's at 10 pips or 5 or even 2. Why do they care ? Anti-Scalping measure I guess.
What other companys out there are making markets w/MT4
and takes pretty much whatever order? Curious to hear.
Don't wanna trade with them, but, it makes for more detailed Expert testing.
the way some of the other MT4s do.
What I mean is if your Expert says to buy @80 and place a tight stop at 72
or 73 (which would be very tight factoring in the spread) and a limit order of
something comparable like 87 or 88 (or even less if you trade that way)
the Interbank FX MT4 will accept the order. Some brokers wont.
So, if StopLoss is >10 or TakeProfit is >10 it doesn't care, it likes it.
Still have to use an OrderModify() to work around a 15 pip Trail though.
Any ideas as to why so many of the MT4 FX shops are still being restrictive ?
If they're gonna bucket the trades, they're gonna bucket the trades no matter
if it's at 10 pips or 5 or even 2. Why do they care ? Anti-Scalping measure I guess.
What other companys out there are making markets w/MT4
and takes pretty much whatever order? Curious to hear.
Don't wanna trade with them, but, it makes for more detailed Expert testing.