Stop Loss arrows??

19 May 2017, 13:34Stop Loss arrows??#1
jhk63posts: 2since: 19 May 2017

Hi,

If you go to, QuickTrade, Order Type Settings, check Stop Loss, then you can click on a box containing arrows (1 right, 1 left,  2 right, 2 left)

What do these arrows correspond to?

Thanks

 

 

19 Jun 2017, 13:38RE:#2
jhk63posts: 2since: 19 May 2017

anyone's got the answer??

19 Jun 2017, 17:07#3
Spotwareposts: 2938since: 23 Sep 2013

Hi jhk63,

Please see below what each arrow represents

Single Arrow Right - Stop Loss will be triggered by Bid for Buy positions and by Ask for Sell positions.

Double Arrow Right - Stop Loss will be triggered after two consecitive Bid ticks below the Stop Loss price for Buy positions or after two consecutive Ask Ticks above the Stop Loss price for Sell Positions.

Single Arrow Left - Stop Loss will be triggered by Ask for Buy positions and by Bid for Sell positions.

Double Arrow Right - Stop Loss will be triggered after two consecitive Ask ticks below the Stop Loss price for Buy positions or after two consecutive Bid Ticks above the Stop Loss pricefor Sell Positions.


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