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why my TakeProfit is variable?
 Post subject: why my TakeProfit is variable? Post rating: 0   New post Posted: Thu 04 Jun, 2009, 06:42 

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Joined: Tue 09 Dec, 2008, 05:20
Posts: 4
I set my TakeProfit to 4 pips,but sometimes after order is sent, it is 3.5,sometimes it is 5.
I do not know how to make my TakeProfit alwanys same.


 
 Post subject: Re: why my TakeProfit is variable? Post rating: 0   New post Posted: Tue 09 Jun, 2009, 08:57 
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Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
Hello.
I believe problem appears when you submitting TP lavel together with order. In this case if order executes with slippage (not exactly with price you show but better or worse by allowed slippage)
open price become other then you expect and TP as well. You can avoid this if you submit order without TP , wait until it executes and set TP by already known open price.


 

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