Stop Loss Cancelled by ctrader?

Hi,

If I have a BUY STOP LIMIT order in ctrader (web) at e.g. 134.381 USDJPY and a 2 pip SL. and the order triggers at 134.381 (theoretically SL is at 134.361) but the next best bid price is 134.341 (lower than the "stop loss" of 134.361). Would the STOP LIMIT order be executed with without a stop loss or would the stop loss be triggered and the order closed?

Hi rob.email8,

The stop loss will be triggered and the order will be closed. The SL is ignored only when the current bid price is below the SL.

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RE:

Current Bid Price meaning the Current MARKET bid price? Because that's what I mean by the next best bid price. 

The BUY order was triggered by the ASK price and in applying the SL, if the next best bid price (that is immediately available from the market, that is what you are calling the CURRENT bid price right?) is below the SL, then the SL will be ignored and not applied?

Thanks.

PanagiotisChar said:

Hi rob.email8,

The stop loss will be triggered and the order will be closed. The SL is ignored only when the current bid price is below the SL.

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Hi rob.email8,

Yes that's what I mean.

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