An If/Then OCO provides that if the first order If" order) is executed, the second order Then" order) is activated as an unassociated One Cancels Other (OCO) order. Yes, you can backtest your strategies against historical data by using the Strategy Center in forextrader PRO. In fast-moving markets, orders may be executed at a price which has ceased to be the best market price. The maximum per-click market, stop and limit order size is set by default to 5,000,000 on forextrader PRO accounts. When the price is reached, the stop order becomes a market order. Compabitble Operating Systems, windows XP or newer is required for downloading forextrader PRO.
What are the system requirements for forextrader PRO? As such, if the market moves unfavorably away from the requested price by more than 1 pip, the order is not executed. Can I use forextrader on a trusted uk forex-Broker Mac? Frequently Asked Questions, how do I download forextrader PRO? However, if the market moves in the customers favor by any amount then the order will be executed at the improved price. You will be asked to verify the name on the account and answer other security questions. Trailing Stops A trailing stop allows a trade to continue to gain in value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance.
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