Having trouble closing a position in MT4 Beginner Questions BabyPips com Forum

The cancellation will be accompanied by a corresponding «No money» entry in the Server Log File. H) for a Sell Stop order the current market price is considered the Bid price and the order must be placed no higher than the Bid price minus difference between metatrader 4 and 5 the number of pips set for this instrument. – at least 10 orders must be closed on currency pairs and metals (pending orders are not taken into account) with a total volume of 5 lots or more across all live accounts in the Client’s Personal Area. 2.14 The Company has the right at its discretion to change the type of the Client’s account and/or or refuse to open additional trading accounts for the Client in accordance with its own risk management rules. In doing so, the Company shall endeavor to notify the Client of the changes by all the means of communication available.

How to check if you are logged in

To delete just one indicator, long press on that indicator and choose the Delete option from the menu. To add an indicator to the chart, press the f+ (Add indicator) button to the right of the name of the window to which you wish to add the indicator. Click Done at the top right of the Edit settings screen to confirm the changes. https://www.xcritical.com/ To add, edit, or remove indicators, you should tap the f button (Indicators) on the Instruments panel.

How do I log in to the MT4 mobile trading platform?

In addition to verifying that you are on the correct server, it is useful to ensure that you are not trying to connect to a demo server. On mobile – Select “Settings” then “Connect” to choose the server you want to access. On mobile – If you are using the mobile app, please check if the message “Disconnected” appears at the top of the menu.

Opening positions and placing orders

Since there is no margin used, it is impossible to reach stop-out, but in case the equity level decreases under 0, MT4 server automatically closes trading positions. It is impossible to have an opened loss larger than the account balance in the market. Hedging does not cause spontaneous deepening of losses, but there may be fluctuations because of the changing spread.

What is FXPIG™s’ server time zone in?

6.13 The Company shall decline the Client’s request to place an order if such request precedes the first quote in the Trading Platform at Market Opening. C) «If done» — «Stop loss» and / or «Take profit» orders, which are activated only after the execution of the pending order which they are linked to. D) «Sell limit» — an order to open a short position at a price higher than the price at the time the order is placed.

Why can I not see all the instruments in the Market Watch window?

The trading hours for each instrument are specified in the “Contract Specifications” section in trading platform. 2.48 The Client’s financial result (unrealized profit or loss) on open positions is calculated automatically with each change in quotations for each open position. Calculation of the current financial result for a particular position is performed according to the formulas described in the Trading Conditions on the Company’s website.

ASIC Rewrite – What Additional Information Do I Need To Report?

The values of virtual currencies values are subject to extreme price volatility and therefore may result in significant loss over a short period of time. Clients should not engage in trading in CFDs with underlying asset a virtual currency pair unless they have the necessary knowledge in this specific product; or if they can bear the loss of the entire invested amount. For more details please see the Risk Warnings and Disclosures. The email must contain the demo account number, the requested amount and you must send it from the same email address that you used for the registration of the demo account.

Modification of Pending Orders into Market Orders

The OHLC setting determines whether the Charts screen shows the open, high, low, and close prices for the last candle or the candle pointed with the crosshair. As was discussed in the Charts screen section, the Line type setting allows you to choose between different chart types. The Delete screen works similarly to the Delete screens described previously. Tap on the empty box opposite the message you want to delete. The checkmark will appear in the box to indicate that the message is selected for deletion. You can select several messages or tap on the box with the checkmark to deselect the message.

Italian Stocks and Index are added to CFD Instruments

Change any setting you need or click Set to default at the bottom to revert to default settings. You can adjust the scale of the chart by pressing and holding two fingers on the chart. Move fingers apart to zoom in or move them closer to zoom out. Or tap Back in the top-left corner to cancel the operation. Tap Bind in the top-right corner to bind the account to the password generator. The app will request you to enter a 4-digit validation code.

This is my 1st time using a Forex platform, and MT5 just runs so smooth. I love the fact that you can set Stop Losses and Take Profit Targets, that was a huge plus for me. I’ve actually been trading in Demo for a couple of months now, so that’s a huge plus as well for beginners, letting you get some practice in and find a strategy that works with you. Also it helps familiarize yourself with the charts and how the whole Forex market works. There is a few things that bother me but not enough to switch to another platform.

• To use the chat, you will have to register on the MQL5 site.
• Now, clients can venture into the dynamic world of Italian stocks and the Italy 40 Index.
• I don’t recall ever formally setting up an account with them (real or demo), rather I just followed the instructions when installing MT4.
• Look for the “Expert Advisors” section of the Navigator window and drag the desired EA onto the chart.
• You can go to the Quotes screen, tap on the symbol of the market you wish to see on the Charts screen, and then choose the Open chart option from the Quick menu.
• The trader decided to modify the order so that it kept the distance between the order and its TakeProfit as 5 points, while the value of StopLoss remained as it was (Fig. 79).

This ensures excellent market depth for filling up the high volume trades and also reduces slippage. We also allow positive slippage in clients’ favor.Transparent statistics of execution of trading orders available on our website. Only Purple Trading clients with a real active trading account can log into PurpleZone. So if you have only a demo account you won’t be able to access PurpleZone.If you have forgotten your password, you can reset it by clicking on Forgot password on the login page.

4.7 The Company shall decline the Client’s request to close a position if such request was made when the order («StopLoss» or «TakeProfit») is in the queue to be executed. C) If the above calculations are made and the «Free margin» is greater than zero for the amount of maintaining the initial margin and / or hedged margin, the position will be opened. The opening of the position will be accompanied by a corresponding entry in the Server log file. If the «Free Margin» is less than zero, the Company reserves the right to reject the request to open the position, while the corresponding «No money» entry will appear in the Server log file. Margin should be transferred to the Company’s bank account in the form of unencumbered funds.

The price and volume you see on the charts come directly from the liquidity aggregation. You can see your trading account details in the “My account” section. Toggle the tab situated at the top of the page to switch between accounts.

For the closing of hedged positions, Close-by or Multiple close by function may be used, which closes both hedged positions simultaneously (see the picture below). Completely hedged positions do not have any exposure between each other, therefore it is possible to close one position at the price of the second one. A side effect is spread saving.Due to the immediate processing of withdrawals, complete responsibility for entering withdrawals during hedging is entrusted to the client. B) on Standard and Fixed accounts with “Instant Execution”, the Client shall send a request by pressing the “Buy” or “Sell” button. The Сlient’s order to open a position will be executed at the requested price if it matches the price quote displayed in the client terminal during the last market snapshot. In cases when the market price changes during the execution of an order, the trader will see the “Requote” or “Off quotes” message.

SellLimit is a pending order to sell assets for a security at a price higher than the current one. The order will be executed(modified into market order Sell) if the Bid price reaches or risesabove the price set in the pending order. The screen shows the net profit or loss for the displayed period, deposits/withdrawals, and the total balance change.

FXPIG™ does not open or maintain accounts for Vanuatu-based entities or residents or U.S. based entities or residents who are classified as retail or low net worth clients as per the most recent definition of such by the CFTC. Governmental restrictions along with our own internal company policies prohibit FXPIG™ from opening accounts originating from restricted and/or OFAC sanctioned countries. A modified order, the stop orders of which are placed beyond the minimum distance. In the further history, the 2 other pending orders were also modified into market ones. Spread is the difference between the larger and the smaller price in points in a two-way quote for a symbol. The desktop interface is designed for large screens, and that makes it more convenient for studying charts.