in the attachment (in mt4)
what does the , Green & white (for TP), Grey ,red & white( for S.L), color describe
I know take profit & stop loss, but why are they at times depicted in different colors ?
Thx.
Green colour shows that your TP is close to being hit for profit
Red colour shows that your SL is close to being hit for loss
Thx Pilot99
since you too are a newbie ( no offence here !) , can some senior member pl. confirm what Pilot99 mentions. ?
When it’s your closed trades it indicates that your SL (red) or TP (green) was triggered. No colour means you’ve closed your trade manually. With open trades the trade detail row changes to red or green when the market price moves within <10 or 5pips of your SL and TP respectively. The exact number of pips may be broker dependent.
As an aside, if you’re using hard SL’s and TP’s and under your closed trades there’s not much red or green in the relevant columns, it may indicate that you’re constantly deviating from your original plan mid-trade by exiting trades too early and not allowing trades to play out…
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Thanks for the ( razor sharp) clarification Shinshiro and that final note:57: of advice.
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