Hide the StopLoss

• 09/08/2022 at 12:00 PM #200362
  SnorreDK

  Is there a way to hide your stop loss. It feels like IG/brokers are fishing for our stoplosses.
  How often has the market turned right after the stoploss has been hit?

  I don’t want to use the command:

  SET STOP %LOSS sl

  1	SET STOP %LOSS sl

  Can you write by code

  if XXX then sell at market endif if YYY then exitshort at market endif

  1 2 3 4 5 6 7

  if XXX then sell at market endif   if YYY then exitshort at market endif

  What do I replace XXX  and YYY with to get the same value as

  SET STOP %LOSS sl

  1	SET STOP %LOSS sl

  

  SnorreDK

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  09/08/2022 at 1:32 PM #200367
  snucke

  if you are not swinging a real big d**k i would not worry about the broker is stop hunting you xD

  take a second and think about how many orders there are out there, if you could see them as lines on the chart, i promise you you could not see one single candle

  

  snucke

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  09/08/2022 at 1:54 PM #200368
  JS

  Hi @SnorreDK

  I agree with Snucke but if you still want to hide the stoploss, you can possibly use (pending) STOP orders:

  If LongOnMarket and Close > longexit then

     Sell at longexit STOP

  EndIf

  if ShortOnMarket and Close < shortexit then

     ExitShort at shortexit STOP

  EndIf

  

  JS

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  09/08/2022 at 2:46 PM #200369
  robertogozzi

  Even your pending orders are kown by the broker, so a better solution would be to exit at market whenever you exit price is hit, be it either a TP or a SL.

   

   

  

  robertogozzi

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  09/08/2022 at 3:35 PM #200372
  JS

  Roberto is of course right about the market orders…

  (Pending Stop orders are as visible as Stop Loss orders)

  1 user thanked author for this post.

  Nicolas

  

  JS

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  09/10/2022 at 5:16 PM #200495
  PeterSt

  Here’s the most perfect timing (not) – from yesterday.

  -Conspiracy me

  

  PeterSt

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