How are pending orders placed?
The limit order ("Buy Limit", "Sell Limit") is executed only when the market trades at the price designated in the order or at a better price. A buy limit order is placed below the market price, while a sell limit order is placed above the market price.
The stop order ("Buy Stop", "Sell Stop") is executed only when the market trades at the price designated in the order or at a worse price. A buy stop order is placed above the market price, while a sell stop order is placed below the market price.
When I place "Sell Limit" for 1 USD/CHF lot at the price 1,7295 and try to place "Take Profit" at $50, I get "Invalid Stops".
T/P and S/L are placed in absolute prices (1.7210) and not in profit values ($50) in the system.
Why «New Order — Request» displays «Market Is Closed»?
Most probably, you try to open a position on a holiday — trade is closed at that time.
What is a trailing stop? Regarding trade. It is clear that a stop loss is when we stop trading upon reaching some threshold. But what is trailing?
A trailing stop is a floating stop loss that follows the current market price at a certain distance if the position is profitable. A trailing stop works in MetaTrader 4 only when the terminal is running.
Why does the «Not Enough Money» message appear when I try to open a position?
Check the size of available margin and the volume of the deal once again.
How is the Margin Level estimated?
The following formula is used to estimate it: ML = 100 * Equity / Used Margin.