ProOrder stopped – stop below minimum distance (IG Index)

• 05/01/2024 at 2:12 PM #232143
  GraHal

  No PM function on this website.

  As it is a Stop entry … is entryPriceL always higher than current price when the pending Buy Order is placed?  Vice versa for Shorts?

  

  GraHal

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  05/01/2024 at 2:29 PM #232144
  PeterSt

  Wim wrote:

  Question: Does this forum have a private messaging option?

  No. That is something other platforms provide as well. 😉

  Enneh, zoekt en * gij zal de kat niet uit de boom schieten maar vast wel * vinden.

  

  PeterSt

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  05/01/2024 at 3:04 PM #232145
  Wim

  GraHal wrote:

  As it is a Stop entry … is entryPriceL always higher than current price when the pending Buy Order is placed? Vice versa for Shorts?

  Yes, the entry levels are like most recent high and low AND an additional distance. It’s a bit like a range breakout system but only profiting in high momentum situations and during acceptable minimum stop loss requirements (punch).

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  GraHal

  

  Wim

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  05/01/2024 at 8:54 PM #232153
  Finning

  And sorry just to confirm,

  Buy x stop

  And

  Sell at x stop

  Aren’t subject to these wild 100+ point min distances?

  It’s only

  Set target profit at x

  Set stop loss at x

  Thanks,

  Finning

  

  Finning

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  05/02/2024 at 3:03 AM #232160
  PeterSt

  Finning wrote:

  Buy x stop
  And
  Sell at x stop
  Aren’t subject to these wild 100+ point min distances?

  Yes, they are. But remember, no accumulated orders assumed, these would cause the position not to be opened and the system kicked out at it.

  

  PeterSt

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