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Stoplevel and freezlevel
Membre depuis Aug 10, 2012
posts 68
Membre depuis Nov 21, 2011
posts 1718
Sep 19, 2012 at 08:50
Membre depuis Nov 21, 2011
posts 1718
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!!!
Membre depuis Aug 10, 2012
posts 68
forex_trader_32776
Membre depuis Mar 28, 2011
posts 1008
Sep 20, 2012 at 00:54
Membre depuis Mar 28, 2011
posts 1008
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
Membre depuis Aug 10, 2012
posts 68
Membre depuis Nov 21, 2011
posts 1718
Sep 28, 2012 at 22:17
Membre depuis Nov 21, 2011
posts 1718
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.
Membre depuis Nov 09, 2012
posts 76
Nov 12, 2012 at 06:38
Membre depuis Nov 09, 2012
posts 76
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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