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Stoplevel and freezlevel
Mitglied seit Aug 10, 2012
68 Posts
Mitglied seit Nov 21, 2011
1718 Posts
Sep 19, 2012 at 08:50
Mitglied seit Nov 21, 2011
1718 Posts
Hi,
The freeze Level is the range between the current market price and the trade's price you try to place (pending order). If the freeze level from your broker is 10 it means that if current market price on EURUSD is 1.3050, you can only place pending orders @ 1.3060 or 1.3040.
All you have to know is if the freeze level is > 2 pips, you can consider that your broker is really bad!!!
The freeze Level is the range between the current market price and the trade's price you try to place (pending order). If the freeze level from your broker is 10 it means that if current market price on EURUSD is 1.3050, you can only place pending orders @ 1.3060 or 1.3040.
All you have to know is if the freeze level is > 2 pips, you can consider that your broker is really bad!!!
Mitglied seit Aug 10, 2012
68 Posts
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Sep 20, 2012 at 00:54
Mitglied seit Mar 28, 2011
1008 Posts
stoploss level is a CUSHION to prevent modifying your Stoploss too close to current price, just like the Freeze level.
both are used to keep scalpers from working as they should . FINFX ECN accounts have 0 for both
both are used to keep scalpers from working as they should . FINFX ECN accounts have 0 for both
Mitglied seit Aug 10, 2012
68 Posts
Mitglied seit Nov 21, 2011
1718 Posts
Sep 28, 2012 at 22:17
Mitglied seit Nov 21, 2011
1718 Posts
As Trick or treat said... both are not friendly to traders.
Both are boring to sclap market.
The most annoying is probably the freeze level because you can be to far from the market and your order will never be triggered... you can avoid freeze level so you don't use pending order.
Both are boring to sclap market.
The most annoying is probably the freeze level because you can be to far from the market and your order will never be triggered... you can avoid freeze level so you don't use pending order.
Mitglied seit Nov 09, 2012
76 Posts
Nov 12, 2012 at 06:38
Mitglied seit Nov 09, 2012
76 Posts
I would add: stoplevel usually works both for stop loss and take profit.
And freezlevel is kinda old school. My broker doesn't use it already...
And freezlevel is kinda old school. My broker doesn't use it already...
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