Pending Order Valid price

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sqaguru
Posts: 40
Joined: Wed May 04, 2016 7:52 pm

Pending Order Valid price

#1 Postby sqaguru » Mon May 09, 2016 6:08 pm

I set the spread for EURUSD to 0 to get around the spread factor in placing orders. However, when I place an order within 2 pips from the current price, I get the message "Execution price is too close to market price". If my spread is 0, why do I need to have a gap between my execution price and current market price (current Ask?)?

FX Helper
Posts: 1477
Joined: Mon Apr 01, 2013 3:55 am

Re: Pending Order Valid price

#2 Postby FX Helper » Tue May 10, 2016 10:02 am

Hello,

Please also decrease the value of the "Min distance to price" option in the Data Center, then re-generate ticks and start a new test, after this, you will be able to place the orders closer to a current price.

sqaguru
Posts: 40
Joined: Wed May 04, 2016 7:52 pm

Re: Pending Order Valid price

#3 Postby sqaguru » Sun May 15, 2016 4:59 pm

This solved the issue. Thanks!


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