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What is this error?
 Post subject: What is this error? Post rating: 0   New post Posted: Wed 11 May, 2011, 02:33 

User rating: -
What is this error
Creates a problem for me
Help me!

Image


 
 Post subject: Re: What is this error? Post rating: 0   New post Posted: Wed 11 May, 2011, 11:30 
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User rating: 8
Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
iranbox wrote:
What is this error
Creates a problem for me
Help me!

Image


This is the automatic built it validation meant to ensure the respect one of the contest trading rules (#8):

"Take profit and Stop Loss levels should not exceed 2% from the opening price for EUR/USD. Limits for the rest instruments recalculating each settlement according to "Pip Conversion Schedule". E.g. Limits for AUD/JPY=(EUR/USD Points/AUD/JPY Points)*2%=1/1.74*2=1.15%; for EUR/NOK=(EUR/USD Points/EUR/NOK Points)*2%=1/0.17*2=11.76%, etc."


 
 Post subject: Re: What is this error? Post rating: 0   New post Posted: Wed 11 May, 2011, 13:01 

User rating: -
instead of just giving a warning, is't possible that the system itself will fill the sl/tp level to max in case the trader places bigger sl/tp? it will save the trader's time as well as confusion. currently you use this system if the sl/tp is less than 10 pips.


 
 Post subject: Re: What is this error? Post rating: 0   New post Posted: Thu 12 May, 2011, 06:38 

User rating: -
This rule makes impossible any long term (with take profit > 150-200 pips) trading on many pairs. Which is odd becouse long term trading considered to be more stable and professional.


 

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