<![CDATA[Forex Software — Stop loss problem with Alpari]]> https://forexsb.com/forum/topic/1265/stop-loss-problem-with-alpari/ Sun, 03 Jan 2010 18:18:41 +0000 PunBB <![CDATA[Re: Stop loss problem with Alpari]]> https://forexsb.com/forum/post/4100/#p4100 Hello,

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

Thanks

]]> Sun, 03 Jan 2010 18:18:41 +0000 https://forexsb.com/forum/post/4100/#p4100 <![CDATA[Re: Stop loss problem with Alpari]]> https://forexsb.com/forum/post/4078/#p4078 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

]]> Thu, 31 Dec 2009 17:22:56 +0000 https://forexsb.com/forum/post/4078/#p4078 <![CDATA[Stop loss problem with Alpari]]> https://forexsb.com/forum/post/4076/#p4076 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

]]> Thu, 31 Dec 2009 12:23:37 +0000 https://forexsb.com/forum/post/4076/#p4076