Premature STOP LOSS triggering

 

I short USDJPY @ 86.583 n placed a stop loss @ 86.628 but to my surprise the stop loss triggered even b4 the price hit the level. When i check the high it did was only 86.612. Does interbank taking its clients for ride?

 

Are you accounting for spread between bid and ask? A short position will be using the ask price, not the bid price.

 
Mql4 charts are bid charts. For a short, the SL/TP trigger on the ask and therefor always before the bid/chart hits that level.
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