Will my stop and take profits disappear? | Forex Factory

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Will my stop and take profits disappear?

  • #1
  • First Post: Feb 26, 2009 3:32am Feb 26, 2009 3:32am
Check it out.

I place an order with a SL and a TP, and then I turn my computer off.

Did my SL and TP get sent to the broker, and will they execute while my computer is off?

Or, are SL and TP stored only on my (client) machine, and therefore my computer must be on at all times to trigger?
  • #2
  • Feb 26, 2009 3:43am Feb 26, 2009 3:43am
Yes to the first question.

Unless your TP and SL depend on an EA...

If you can see them along with your open order, the broker has them.

  • #3
  • Feb 26, 2009 4:00am Feb 26, 2009 4:00am
I need to clarify: I am talking MT4.

Doblece, how do you know that?
  • #4
  • Feb 26, 2009 4:08am Feb 26, 2009 4:08am
Hi Tom,

As long as you place your order and see it confirmed on your MT4 then your stop loss & target will execute whether you have your pc on or not.

If you have a trailing stop loss on or use an EA I believe you need to be connected all the time.

That's my understanding.

Steve
  • #5
  • Feb 26, 2009 4:28am Feb 26, 2009 4:28am
Quoting steviet
Hi Tom,

As long as you place your order and see it confirmed on your MT4 then your stop loss & target will execute whether you have your pc on or not.

If you have a trailing stop loss on or use an EA I believe you need to be connected all the time.

That's my understanding.

Steve
Thats the case.
  • #6
  • Feb 26, 2009 4:46am Feb 26, 2009 4:46am
Good to know. Thanks guys.
  • #7
  • Feb 26, 2009 6:58am Feb 26, 2009 6:58am
Quoting tdion
I need to clarify: I am talking MT4.

Doblece, how do you know that?
Personal experience?

Trailings, as Steviet mentioned, unfortunately don't. Nor EA's.
  • #8
  • Last Post: Feb 27, 2009 5:30am Feb 27, 2009 5:30am
Quoting tdion
Check it out.

I place an order with a SL and a TP, and then I turn my computer off.

Did my SL and TP get sent to the broker, and will they execute while my computer is off?

Or, are SL and TP stored only on my (client) machine, and therefore my computer must be on at all times to trigger?
Did I get it right? Your broker told you to STOP TAKING PROFIT?


LOL

In my experience, you can confirm/verify the modification in the Journal File!
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