Hello,
I’m new to forex and i have some problems…
Everytime i wanna make and order metatrader say :
off quotes or Invalid S/L or T/P.
I am trying to trade the forex with forex-killer…
Please help me because i’m gonna get mad !
Thank you very much !
Usually, an “invalid S/L or T/P” error means that you’re trying to set them in the wrong direction.
For example, if you’re buying GBP/USD, and the entry price is 2.0000 with a S/L of 100 and a T/P of 150, you would need to set your S/L at 1.0900. If you try to set it at 2.0100, or something similar, you’ll get an error because you’re buying, not selling. The same goes for T/P. Make sure you’re setting them in the correct direction for your trade.
thank you very much for your answer !
Do you know what “off quotes” means ?
PS : Sorry for these questions and for my bad english, I’m french !
Glad to help.
I’ve never encountered “off quotes” and have no idea what that means.
Hopefully, someone else can help here.
Okay, it doesn’t matter !
Thank you very much.
Cima
Cima,
I also have Forex-Killer. I just got it and wanted to get some input from some other folks to see how they liked it. I have a few questions. You may be able to help.
Thanks,
Glenn
Hi Glenn,
If i can help you, just ask me !
I’m a newbie too, so i think that i won’t be a good help…
But it doesn’t matter…
What do you think about Forex Killer ?
Thanks Cima
I too am getting errors when trying to place an entry order… yes I understand that when selling for instance, the T/P has to be below your entry point and your S/L has to be above. But I still get “Invalid S/L or T/P”. Swapping the S/L and T/P values returns the same error message. It seems that no combination of numbers will allow the entry order go through… Please tell me I am missing something.
Have you tried changing the order to a buy/sell stop instead of buy/sell limit, I had this problem and that seemed to fix it, also with different brokers the limit and stop orders have to be placed a certain level from the market price etc