Register

If this is your first visit, please click the Sign Up now button to begin the process of creating your account so you can begin posting on our forums! The Sign Up process will only take up about a minute of two of your time.

Follow us on Facebook Follow us on Twitter Linked In Watch us on YouTube Blogger
Your Banner Here
You cannot rate threads
0
 
Thankx Thankx:  0
Recommend Recommend:  0
Results 1 to 2 of 2
  1. #1

    Invalid SL or TP

    hi,

    Whenever I want to create new either short or long order, I am getting all the time error message "Invalid SL or TP" preventing me to add an order (forex, stocks, cfd). I have asked my broker why this could happen and got the answer that normally minimum distance between current market price (valid for both: entering short and entering long) and SL as well as minimum distance between current market price and TP must be 6 pips for forex and 10 pips for cfd and stocks. Been doing the research for a while what could be the reason and nothing really helped. I checked 5 times to be 100% sure that I am setting up correct type of order. For measuring pips, I used Crosshair (second button left to right in toolbar) and measure the MIDDLE number from the three numbers that occur when you move mouse cursor. Once I even had distance over 100 pips and it didn't help. I have no idea what else to do, missed many great opportunities to enter the trade because of this error. As I said, i have been searching for the reason/cause of this error and note them down in some txt file just in case if i needed the collection of possible reasons/causes of the problem, however asking for the reason might not help me. One of reasons that I found online was (name of the cause for problem) "Ending digit in both SL/TP is not 0 or 5" so obviously I made sure that ending digit in both SL and TP is either 0 or 5 and it didn't work. Furthermore, I made sure that market price is ABOVE my entry price if having type of order Sell Stop or Buy Limit and I made sure that market price is BELOW my entry price if having type of order Buy Stop or Sell Limit. I would appreciate your help but most likely asking for the reason won't help. So as the ultimate purpose of making this message, there will ask a way more directly: Does Metatrader 4 (should work on 5 too) have some kind of custom tool which could show/indicate what is the problem that described error occurs? My version is 4. If it doesn't (i wish it does because it would literally SHOW me what is the problem), I would highly appreciate some assistance towards solving that problem.

    in attachment i am showing RANDOM image of found error with identical problem (the chart at the background is not my).

    Attached Images Attached Images

  2. #2
    "Invalid SL or TP", do this really works?? Have you checked it?? Because if it really working, then will be great to use it for SL and TP.

User Tag List

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
All times are GMT +3. The time now is 09:36 PM.
Powered by vBulletin® Version 4.2.3
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.
DragonByte SEO, Advanced @User Tagging, Advanced Post Thanks / Like, Thread Ratings - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
All that information inside Forum does not necessarily reflect the opinion of the Forum Management, but expresses the opinion of the writer.
Advertising positioning by Digital Point