Stop Loss on mt4 EA not honored
golfone: We have created a EA that seems to get the stop loss honored on Demo accounts but not on Live accounts. Please help with suggestions. This EA uses fixed stops at a set price to exit ALL trades.
Are you taking into account the variable spread of a live account?
There is a Ask price and a Bid price. Charts only shows the bars/candles based on Bid prices.
- A "buy" position opens at the Ask price and closes at the Bid price.
- A "sell" position opens at the Bid price and closes at the Ask price.
Enable the Ask price line on your chart so that you can track the current value visually.
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We have created a EA that seems to get the stop loss honored on Demo accounts but not on Live accounts. Please help with suggestions.
This EA uses fixed stops at a set price to exit ALL trades.