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| Diffrence in Pendingorder types |
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fxprodgy
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| Post subject: Diffrence in Pendingorder types |
Post rating: 0
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Posted: Sat 04 Jul, 2015, 07:09
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User rating: 0
Joined: Mon 15 Jun, 2015, 13:09
Posts: 15
Location: Australia, St Ives
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Hi community and support team
I am a bit confused regarding different type of stop pending orders. As you may know we can have
SELL/BUY Stop
SELL STOP BY ASK
BUY STOP BY BID
I have read the manual of the JForex platform but not pretty sure if I understood the difference specially difference between BUY/SELL STOP orders and the other two?
Could some one shed some light on this matter please. With which type of the orders we can control the slippage through code/VJF developed systems
Any reply would be great
Cheers
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jlongo
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| Post subject: Re: Diffrence in Pendingorder types |
Post rating: 0
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Posted: Sat 04 Jul, 2015, 17:47
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User rating: 94
Joined: Mon 06 Feb, 2012, 12:22
Posts: 357
Location: Portugal, Castelo Branco
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Hi
simple stop sell order is executed when bid price is hit, and buy order when ask price is hit. The other stop orders are executed when the corresponding ask or bid prices are hit.
Slippage you can control the max amount at order parameters.
Regards
JL
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amine_chourou
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| Post subject: Re: Diffrence in Pendingorder types |
Post rating: 0
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Posted: Tue 14 Jul, 2015, 09:26
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| Visual JForex expert at Dukascopy |  |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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