Profit in trade MT4

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19
eddieTrader 2015.10.09 14:58
 

Hi,

 I would like someone to explain me the following: 

 I am testing a certin strategy in MT4 in a demo account.

At some point, I have placed a SELL order, the pirce goes below the price of my sell order, however my profit is still in negative.

Why is that?

Here you can see an example image.

 

 

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3427
GumRai 2015.10.09 15:22 #
 

A sell order is settled at Ask, the chart is Bid. Bid may be below tour entry but Ask isn't.

You can see that the settling price is 1.29433 which is above your entry 

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19
eddieTrader 2015.10.09 15:36 #
 

oh ok

 

So the green line has nothing to do here when the order is SELL? 

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13012
WHRoeder 2015.10.09 16:15 #
 
eddieTrader: So the green line has nothing to do here when the order is SELL? 
  1. The green line is where you sold (1.29427.) The order will be in profit when the Ask (currently 1.29433) goes below the green.
  2. Turn on the Ask line so you can see the spread.

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