Stoplevel and freezlevel
Sep 19, 2012 at 08:06
Przeglądane 1,067
6 Replies
Uczestnik z Aug 10, 2012
68 postów
Sep 19, 2012 at 08:06
Who can comprehensively explain them both to me?
......Keep On Swinging!
Uczestnik z Nov 21, 2011
1718 postów
Sep 19, 2012 at 08:50
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!!!
Uczestnik z Aug 10, 2012
68 postów
Sep 19, 2012 at 14:42
What of if my broker's freezelevel is less than 2,would scalping and placing of pending orders beneficial to me?
And what is Stoplevel?
And what is Stoplevel?
......Keep On Swinging!
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Sep 20, 2012 at 00:54
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
Uczestnik z Aug 10, 2012
68 postów
Sep 21, 2012 at 10:54
Thanks for your replies. So if i may ask,which one affects scalpers the most? Freezelevel or Stoplevel?
......Keep On Swinging!
Uczestnik z Nov 21, 2011
1718 postów
Sep 28, 2012 at 22:17
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.
Uczestnik z Nov 09, 2012
76 postów
Nov 12, 2012 at 06:38
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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