We know that BID is the foundation for its MT4 candle's Open, Low, High, Close levels. And because Close is the previous price, common sense dictates that it follows the current BID price, ie, last CLOSE price = BID price.
Nevertheless within my observation with a broker, I realized that this really isn't the case. I observed the BID/ASK price of this broker works independently of their CLOSE price of the previous BAR. Ie, BID not equal CLOSE
What exactly does this imply?
This implies that you believed price never reach your stoploss by judging about the chart's OHLC amounts, but it actually...