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Pending order forex ea


pending order forex ea

can set pips distance from current price and pending orders expiration in minutes in this case if the order will not activate at this time the order will delete by brokers server. In other scenario you want buy if price breaks a higher level (pivot point for example) you should choose buy stop pending order. If you dont know difference between the orders read official met"s explanation: Pending Order, pending order is the clients commitment to the brokerage company to buy or sell a security at a pre-defined price in the future. To select pending orders type just double click to sell or buy order setting and choose order type from the list. This type of orders is used for opening of a trade position provided the future"s reach the pre-defined level. If you need help, write down comment or use the feedback button. The current price level is lower than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having fallen to a certain level, will increase; Buy Stop buy provided the future ASK price is equal to the pre-defined value.

Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will bitcoin kaufen schweiz kreditkarte keep on falling. To activate this function you should find Orders Types settings in Orders management area. Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will keep on increasing; Sell Limit sell provided the future BID price is equal to the pre-defined value. The current price level is higher than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having increased to a certain level, will fall; Sell Stop sell provided the future BID price is equal to the pre-defined value. Basically if you want to buy a pair lower than current price is because you expecting price will drop down and then will start rising you should place Buy limit order. If you use default setting and attach the EA to eurusd chart then it should open 12 pending orders.


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