MT4 sell stop order SL and TP changed after being placed-is it possible?

Hi guys,

Today i was straddle trading the US news on USDJPY pair. I dont mention the name of my broker for now, as we are discussing this issue.

So I put my sell stop and buy stop orders 10 pips away from current price, set my SL for each straddle 4 pips away and TP 15pips away from order price. So, I use a script to put these and its not my first time straddling too.

Script placed my orders both, and I visually saw my orders, SL and TP lines on the chart and they were TOTALLY fine. News announced, price jumped down and I had my big smile on my face, but I noticed I lost the trade !

How:

I noticed my TP in sell stop order has moved 7 pips ABOVE my sell stop order !!! THATS IMPOSSIBLE! right? I mean how could my TP which was 10 pips below, was 7 pips above my sell stop order ?! on MT4 its impossible under normal circumstances and it gives INVALID SL TP! and it is more weird that I SAW my orders and they were correct. Besides, I still could see that on my Buy Stop order everything was al right the order and TP 15 pips and SL 4 pips, because I use Script for this and it puts 2 exactly the same buy stop and sell stop orders.

Jut curious, has anything the same happened to you?

Should i also ask the broker the refund me the trade I could win because of this ?

I think this will be down to spread increasing to a rather large amount of pips which can happen around major news events. If you actually want to watch what is going on properly, make sure "Show Ask line" is ticked in chart properties.

not sure because:

the script closes orders if the spread go wider than i set to it

and also, even the spread widen, it has nothing to do with changing my TP and bringing it above my SELL ORDER for 7 pips, which is impossible?

watch in HD

ok, this is what they have answered, dont know is it a legit answer or they are just playing around :


and this is my reply to them, yet they have not answered for more than 24 hours:

Dear Pavel,

Thanks for the explanations, I understood.

Just wondering, shouldnt order at least hit my SL which was 4.5 pips away? 30 sec before the news, I had my sell top order 10 pips away from the current price, which was around 79.79 and my TP was 15 pips down from there and my SL was 4.5 pips away. But what I see after my order opened, was differend. Open price, SL and TP priced are totally different than what I set. Besides, how TP could be placed above the sell order?

Its like hitting the TP, but losing...

Im sorry to mention these, just need to improve my knowledge about these situations and act accordingly.

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what is strange is why my TP and SL are changed. its like putting someone else's hand in your trades !

Also, i saw the price hit my open price, and without any jump up, went down to my TP and even passed it for 10 pips more and then jumped up, which even yet was lower than my original TP. I saw my order closed when it hit my original TP, but the result was totally different. :56:

Is your broker IronFX?