Help Centre
Why is my order being stopped out before the candlestick indicates the price has reached the stopped out price?
Short-Selling Stop Loss Pending Order” may occur in this situation, because of the spread factor of short stop loss. A short stop loss order is a buy (long) action at a pre-set price higher than the current price. The short stop order is filled when the price of the bar reaches the preset price, minus the corresponding spread.
Example:
If an investor is selling 1 lot of XAUUSD and the stop loss is set at $1800.00 and the spread is 20 pips. Taking into account the spread factor, the stop-loss order will only be filled when the price of the candlestick is at $1800.00 and the actual buying (long position) price is $1799.80 + 0.20 = $1800.00.
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