Stop Loss arrows??

Created at 19 May 2017, 13:34
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cc47

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Joined 19.05.2017

Stop Loss arrows??
19 May 2017, 13:34

Hi,

If you go to, QuickTrade, Order Type Settings, check Stop Loss, then you can click on a box containing arrows (1 right, 1 left,  2 right, 2 left)

What do these arrows correspond to?

Thanks

 

 

@cc47
Replies

cc47
19 Jun 2017, 13:38

RE:

anyone's got the answer??

@cc47

Spotware
19 Jun 2017, 17:07

Hi jhk63,

Please see below what each arrow represents

Single Arrow Right - Stop Loss will be triggered by Bid for Buy positions and by Ask for Sell positions.

Double Arrow Right - Stop Loss will be triggered after two consecitive Bid ticks below the Stop Loss price for Buy positions or after two consecutive Ask Ticks above the Stop Loss price for Sell Positions.

Single Arrow Left - Stop Loss will be triggered by Ask for Buy positions and by Bid for Sell positions.

Double Arrow Right - Stop Loss will be triggered after two consecitive Ask ticks below the Stop Loss price for Buy positions or after two consecutive Bid Ticks above the Stop Loss pricefor Sell Positions.

@Spotware
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