Maximum Entry Price Difference

Maximum Entry Price Difference

The EA enters new the trades straight away at the current market price when the Sender issues a new signal. However, should the signal be processed later because of late joining in the link or the EA was not running at the time of the signal, the market price may have moved away. In this case the EA waits until the market price comes back to the signaled entry price and then enters the trade. This maximum difference EA parameter allows for some deviation from the signalled entry price, like enter as soon as the price comes back within 10 points of the signalled entry price.

The unit of this parameter is ticks. For FOREX pairs with 5-digit feed this refers to 0.00001 value, with 3-digit feed this refers to 0.001 value. For some index markets with 2-digit feed this refers to 0.01 value.