Pretty basic question:
On EA's that open a position that includes a Stop and Limit, are the Stop and Limit orders actually sent to the Broker when the Entry order is placed, or are they kept locally, then sent by the EA as Market orders when their prices are hit?
I suppose that if you are one of those traders who are afraid of Brokers "Stop Hunting", then you'd want to keep your Stops and Limits on your local computer, but then you run the risk of losing your connection and not being able to transmit your Close orders or having them delayed.
Thanks.
On EA's that open a position that includes a Stop and Limit, are the Stop and Limit orders actually sent to the Broker when the Entry order is placed, or are they kept locally, then sent by the EA as Market orders when their prices are hit?
I suppose that if you are one of those traders who are afraid of Brokers "Stop Hunting", then you'd want to keep your Stops and Limits on your local computer, but then you run the risk of losing your connection and not being able to transmit your Close orders or having them delayed.
Thanks.