shoot2scoot
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Hi,
After getting into the trade according to the new rules and after 25 pips plus the EA set SL 5 pips above the entry price. And then came this down candle and I got stopped out 10 pips below the entry price, i.e. I got 5 pips minus instead of having +5. Is it normal?
3PO
3PO, one further consideration is the time it takes your machine to communicate with your broker! If prices are moving fast and your internet connection is not fantastic at that moment and your broker is not nearby, it could mean the difference of several points. This is one advantage of a VPS that Mark recommends. I have noticed that I get great entry prices and closes because my VPS is not only very, very, fast it is physically just around the corner from my broker's server (however this only applies to automated actions not any that you manually try to enter/close).
Good Luck
Chris