In the attached snapshot, what exactly does:
"Enable maximum deviation from quoted price" do?
1) If I have it at 3, does that mean when going LONG, I wont get a requote if the price moves up to 1.8730, or down to 1.8724?
2) And if I am using it on a StopBuy @ 1.8740, does that mean, i will either get filled 1.8740~1.8743 and not higher? Does this imply I wont get slipped by more than 3 pips?
3) or does this all depends on the broker's "hidden" rules?
4) What if I have it at "0"? Does that mean I accept any price the broker throws at me?
5) Lastly, what if I have it unchecked/disabled? Does that mean I want fill exactly on the price?
"Enable maximum deviation from quoted price" do?
1) If I have it at 3, does that mean when going LONG, I wont get a requote if the price moves up to 1.8730, or down to 1.8724?
2) And if I am using it on a StopBuy @ 1.8740, does that mean, i will either get filled 1.8740~1.8743 and not higher? Does this imply I wont get slipped by more than 3 pips?
3) or does this all depends on the broker's "hidden" rules?
4) What if I have it at "0"? Does that mean I accept any price the broker throws at me?
5) Lastly, what if I have it unchecked/disabled? Does that mean I want fill exactly on the price?
Attached Image