Forex | FX Operator | Currency Trading

Platform: Alpari MT4 demo account
Date: April 24, 2008
Time: 13:31 gmt
Pair: short gbpusd

According to account history, my trade stopped loss at 1.9770.
According to H1 ohlc, hi = 1.9766.
In fact, 14:00 candle's hi = only 1.9767.
How did gbp peek at 1.9770 and not get recorded?
Is that normal?
If it had been a live account, I would have missed the move on 14:00 -15:00 and $200 poorer.

Guys, what did your platform record for its ohlc for that particular time?

Hi Glen,

I'm back. According to your result, I believe the 1.9770 refers to the Ask price (turn on the Ask line in MT platform by going to Properties then Common, check the Ask Line box). In my system, I did not indicate whether the spread should be included in the stop-loss count, for myself, if in your case, I would have set 1.9770 (Bid Price) for the stop loss, which means the price needs to hit 1.9774 (yes additional of 4 pips) in order for the stop-loss to trigger.

FXOperator wrote:

QUOTE:
Hi Glen,

I'm back. According to your result, I believe the 1.9770 refers to the Ask price (turn on the Ask line in MT platform by going to Properties then Common, check the Ask Line box). In my system, I did not indicate whether the spread should be included in the stop-loss count, for myself, if in your case, I would have set 1.9770 (Bid Price) for the stop loss, which means the price needs to hit 1.9774 (yes additional of 4 pips) in order for the stop-loss to trigger.

Hmm. Yes I understand the spread thing. It's nothing to do with your calculator. It's got to do with the MT4. I did set my stoploss to1.9770. I always thought that the spread is already taken into consideration for only opening a trade and not during closing a trade.

Notice that the boxes that I overlaid? The figure in the price box (bottom right) and the 'high' data window (top first box) do not tell the same story on the candle's high. Even the 14:00 candle recorded a high of only 1.9767.

Weird.