<![CDATA[Forex Software — Stop loss problem with Alpari]]> 2010-01-03T18:18:41Z PunBB https://forexsb.com/forum/topic/1265/stop-loss-problem-with-alpari/ <![CDATA[Re: Stop loss problem with Alpari]]> Hello,

I was trying different broker, and I didn't notice Alpari works with 5 digits.

Thanks

]]> https://forexsb.com/forum/user/1580/ 2010-01-03T18:18:41Z https://forexsb.com/forum/post/4100/#p4100 <![CDATA[Re: Stop loss problem with Alpari]]> Hello bsave,

Stop Loss works just fine at Alpari. See the screen shot.


http://s2.postimage.org/1DXUrA.jpg


Alpari quotes 5 digits for EURUSD. 1 pip is 0.00001

If the current quotes are:
Bid: 1.43228
Ask 1.43244

And you enter long with SL of 100 pips at Ask (1.43244) you have:

Stop Loss = Bid - 100 pips = 1.43228 - 100 * 0.00001 = 1.43228 - 0.001= 1.43128

For short position you enter at Bid = 1.43228

Stop Loss = Ask + 100 pips = 1.43244 + 100  * 0.00001 =1.43244 + 0.001 = 1.43344

]]> https://forexsb.com/forum/user/2/ 2009-12-31T17:22:56Z https://forexsb.com/forum/post/4078/#p4078 <![CDATA[Stop loss problem with Alpari]]> Hello,

When I use FST with Alpari broker, the stop loss sent to metatrader is divided per 10.
For example, if my strategy as a permanent stop loss of 100, it will create an order with a SL of 10.
???

Regards

]]> https://forexsb.com/forum/user/1580/ 2009-12-31T12:23:37Z https://forexsb.com/forum/post/4076/#p4076