Hey guys I have a question... When you setup a pending order in Metatrader, is it registered with the broker so that you get filled at that exact price when it's hit?
I'm trying to create a system where multiple pending orders are setup in each direction for news events. Small profit targets, small stop loss, high percentage of wins/losses is what I want to accomplish. Obviously there is a lot of price action after a high priority news event which is why price needs to be filled as per quoted on pending order... will this work? Thanks.
I'm trying to create a system where multiple pending orders are setup in each direction for news events. Small profit targets, small stop loss, high percentage of wins/losses is what I want to accomplish. Obviously there is a lot of price action after a high priority news event which is why price needs to be filled as per quoted on pending order... will this work? Thanks.