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Prevent trading during high spread http://www.molanis.com/forum/viewtopic.php?f=6&t=6100 |
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Author: | trueresource [ Wed Dec 03, 2014 6:07 pm ] |
Post subject: | Prevent trading during high spread |
Does any one know how to prevent trading during high spreads. I read a few things that indicate that the code must differentiate between 4 and 5 decimal currencies. But I haven't seen any specific code that I can drop into MQL icon to perform such. I would so much appreciate your help. Im looking for something generic so that I can use the "SYMBOL" parameter rather the having to input the specific currency. Or if you know someone who can code for cash to do this this will work also. |
Author: | admin [ Wed Dec 03, 2014 9:42 pm ] |
Post subject: | Re: Prevent trading during high spread |
Try this condition: bid-ask > your limit |
Author: | trueresource [ Mon Dec 22, 2014 12:45 pm ] |
Post subject: | Re: Prevent trading during high spread |
Hi Thanks for replying to my question. Did you mean to say "Bid-Ask<3.5" using the "Less than rather than greater than symbol. Im not a coder. But it looks like your code says to execute if the spread is greater than a certain value. Please explain. |
Author: | molanisfx [ Sat Dec 27, 2014 11:23 pm ] |
Post subject: | Re: Prevent trading during high spread |
If you join your spread condition with trading conditions using ANDs you should use (Bid - Ask < amount) AND (...) amount is a value not pips See http://www.dailyfx.com/forex/education/ ... aders.html |
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