Dear all,
Goodday.
My broker increased the minimum distance to place buy stop order to 10 pips away from current price. As an example, if I would like to buy stop at 1.2010,I could only place buy stop order when price is below 1.2000. Sometimes price doesn't move below 1.2000 for me to place a buy stop order and I will miss the transaction if it breaks higher in a quick manner.
I'm thinking of using EA to buy when price hits 1.2010, but I wonder if EA will be slower than a normal buy stop order? I.e. are there slippage?
If EA is slower than a normal buy stop order, then my only choice left is to move to a new broker that doesn't have such need of broad distance to set stop order.
Thank you all.





Reply With Quote