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Buy limit triggered by Bid
 Post subject: Buy limit triggered by Bid Post rating: 0   New post Posted: Tue 08 Jul, 2014, 20:29 

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Joined: Thu 05 Dec, 2013, 19:00
Posts: 26
It would be useful to implement in Jforex4 to choose if the limit orders are triggered by Ask or Bid (as it is for the Stop order)


 
 Post subject: Re: Buy limit triggered by Bid Post rating: 0   New post Posted: Sun 13 Jul, 2014, 05:17 
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User rating: 98
Joined: Mon 23 Jul, 2012, 02:02
Posts: 656
Location: United States, Durham, NC
What are you trying to do, that you
would find that useful?

HyperScalper


 
 Post subject: Re: Buy limit triggered by Bid Post rating: 0   New post Posted: Mon 14 Jul, 2014, 15:21 

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Joined: Thu 05 Dec, 2013, 19:00
Posts: 26
Hi Hyper, nothing special, it's simply to avoid these kind of missed trades :D
Charts are ASK...i based my entry limit on bid price + spread

Image

Image


 
 Post subject: Re: Buy limit triggered by Bid Post rating: 0   New post Posted: Mon 14 Jul, 2014, 18:19 
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User rating: 98
Joined: Mon 23 Jul, 2012, 02:02
Posts: 656
Location: United States, Durham, NC
I often use Tick charts, but when I use Bar charts
then you're right that you won't see the Spread
accurately. You'll just see one side of the spread.

For this, I wrote my own "grid" which overlays
the Bid/Ask so that I can see where they are,
even though I may have either a Bid based
or an Ask based Bar type chart. Horizontal
lines mark up the Bid and Ask price levels.

HyperScalper


 

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