Paying for spread

Hey all.
I'm tradng on daily frame, and set my orders near end (23.00 CET) or after new daily candle forms.
Some of my orders trigger since high spread and that is realy expensive. Is there any option how to avoid this?
Is it possible to set an order (eg. at 21.00) which is executable after some (eg. 2-3 hrs) or not executable during high spread (23.00-00.00)?
I am trading on Oanda and using tradingwiev platform.
Thanks in advance,
cheers

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hey doax..... sounds like you might be a end of day trader........ i use oanda also but not familiar with the tradingview platform they partner with.... metatrader ea's can send orders at specific times .....

an inconvenient option might be just to get up for a few minutes and place the trades.....

the end of day new york close should be about 11pm for you.... the best time for me to enter end of day trades would equate to around 2am for you... by that time the spreads and activity has lowered...... take a look at oanda's historical spreads tool.....

i get up for a few minutes at 2am here for the london open.... usually my pending trades have been placed the prior day after the ny close...... by coincidence recently made a youtube video on end of day trading, but it's in english so might not help much.....

end of day trading versus day trading is like the difference between day and night..... and my accounts prove it....h

Hey thank you. English is not an issue for me. Will check it asap.
I am not familiar with MT. I've checked historical spreads aswell, and after around 2am is best time to get into trade. I Will try this method during holidays, since i'm 7-15 at work.

Well if you're using end-of-day trading then try to start trading about 21-00 and closed it before 23-00. Or open position after 00-00.

But still remember that everything depends on market movement. So that you don't open your order, and there is no movement there. And your order is just standing still, not moving. You will lose more on commission then.

Hello,

1. Wait for 15 minutes after Daily candle close and then set your orders. If you are trading Daily candles then you must wait for a candle to close. You know that there are huge spreads the first 5-15 min of a day. So why are you trying to trade during those extreme conditions? Wait for a candle to close, wait another 15 minutes and then set your trades.


2. You may write an Expert Advisor that will set order at a time you want. Your PC must be on or you have to buy a VPS.

I prefer the option number 1.