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    Slippages, Spreads, and Commissions the demons of forex

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    • N
      NamiyrD last edited by

      How do I make trailing stop loss go back when the spread widens and/or if there's slippage coming from the bid price after a buy and the ask price after a sell

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @NamiyrD last edited by

        @namiyrd I assume you mean about 5pm us time, this is relatively easy set a filter that works at a set time, use pink for each trade-pink modify stopes, the same again to set stops back, bear in mind the trailing stop, if used will interfere so need to be temporally stopped, alternatively this could be used to reset stops.

        As for counteracting slippage, this is not so easy, you would have to record the price level of the ask/bid on trade creation, compare this to the open price, adjust things to match, You would be better setting a max slippage in the buy/sell blocks.

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          NamiyrD @jstap last edited by

          @jstap Ok will do

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