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Thread: Question about Offline (when MT is closed) trading

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    Question Question about Offline (when MT is closed) trading

    Hi!

    I hope I will get an answer by Friday because I will be out of town that day and I need to know something.

    I am wondering, if I set for example two trades with a trailing stop, and an expiry date at the same day 20:00, and I close my MetaTrader platform after, will those trades still trail stop and expire at the desired time?

    I hope someone can answer.

    Thank you!
    psyko79

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by psyko79 View Post
    Hi!

    I hope I will get an answer by Friday because I will be out of town that day and I need to know something.

    I am wondering, if I set for example two trades with a trailing stop, and an expiry date at the same day 20:00, and I close my MetaTrader platform after, will those trades still trail stop and expire at the desired time?

    I hope someone can answer.

    Thank you!
    psyko79
    Hi Psycho79

    The expiry will still be honoured as that is held serverside. However the trailing stop is executed clientside, by MT4 so if your MT4 is not logged in and running, the trailing stop will not run.
    Jafar Calley - Director
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    Thank you very much Rebate!

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by psyko79 View Post
    Thank you very much Rebate!
    You are welcome.
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    FXMalay Supporter arialun's Avatar
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    Quote Originally Posted by RebateFX.com View Post
    Hi Psycho79

    The expiry will still be honoured as that is held serverside. However the trailing stop is executed clientside, by MT4 so if your MT4 is not logged in and running, the trailing stop will not run.

    You mean;

    Scenario 1:
    Open trade. set trailing lost. Close MT4, close pc.
    question: Will the trailing lost still running?

    Scenario 2:
    Set buy stop order, set trailing lost. Close MT4, close pc.
    question: A few hours later, ,my trade open when the price hit my buy order. Will the trailing lost also running?

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    Quote Originally Posted by arialun View Post
    You mean;

    Scenario 1:
    Open trade. set trailing lost. Close MT4, close pc.
    question: Will the trailing lost still running?
    No
    Quote Originally Posted by arialun View Post
    Scenario 2:
    Set buy stop order, set trailing lost. Close MT4, close pc.
    question: A few hours later, ,my trade open when the price hit my buy order. Will the trailing lost also running?
    No.

    The trailing stop is a feature of MT4. If MT4 is not running, neither is the trailing stop.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
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    http://www.fxopenaus.com

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    Ok, Got it, Thanks.

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