You buy at the Ask and sell at the Bid. So for buy orders you pay
the spread on open. For sell orders you pay the spread on close.
- Your buy order's TP/SL (or Sell Stop's/Sell Limit's entry) are triggered when the Bid reaches it. Not the Ask.
-
Your sell order's TP/SL (or Buy Stop's/Buy Limit's entry) will be triggered when the
Ask reaches it. To trigger at a specific Bid price, add the
average spread.
MODE_SPREAD (Paul) - MQL4 and MetaTrader 4 - MQL4 programming forum - Page 3 - The charts show Bid prices only. Turn on the Ask line to see how big the spread is (Tools → Options {control-O} → charts → Show ask line.)
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hi all,
Thanks in advance.