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    Am I doing something wrong?

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    • S
      sergelight last edited by

      Hi there,

      I have a simple ea that buys when 2 bars of the same color have occurred and and sells the open position when the opposite happens (and opens the opposite position as well ) . Nothing fancy. But for some reason the buys are all a few pips higher then where I want to buy. The sells or on the correct spot. Is this normal? If it is the spread, why is it only happening with the buys?

      0_1486740725212_Screen Shot 2017-02-10 at 16.31.35.png

      As you see in the image. The sells are nice on the opens op the next candles whilst the buys are hovering somewhere above.

      See project here:

      https://fxdreema.com/shared/CMxRRZ87d

      Thanks in advance!

      Serge

      1 Reply Last reply Reply Quote 0
      • M
        miro1360 last edited by

        blocks seems be ok, and the situation what you are asking is spread as you mentioned

        there are 2 prices, ask price and bid price ... ask > bid and its difference is spread
        price on the chart is Bid (when you click properties on chart you can display also ask price), but candles are constructed from bid price
        when you open buy trade, you open it on Ask price
        when you open sell trade, you open it on Bid price
        buy trade is closed on Bid price
        sell trade is closed on Ask price

        and that is reason, why the lower TF are you trading the lower spread is for you important (because you expect smaller profit)

        Between trading and gambling is a very small gap, be careful.

        S 1 Reply Last reply Reply Quote 0
        • S
          sergelight @miro1360 last edited by

          @miro1360

          Thank you so much for the clear awnser!!

          1 Reply Last reply Reply Quote 0
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