Stop Limit Order Settings

If you select Stop Limit as the Bracket Stop Loss order (see previous paragraph), you need to preset the distance of the Limit price from the Stop price.

To enter Stop Limit settings:

1. In the Trading Settings dialog box, click the Trading Pad tab.
2. In the Bracket Stop Loss Order group box, set the Limit price by entering the number of ticks it should be from the Stop price. You can do this using the up or down arrow, or simply by typing the desired value in the edit box. (A positive value means a Limit price which is worse than the Stop price, whereas a negative value means a Limit price which is better than the Stop price. For example, for a BUY Stop Limit order, a negative value for the Limit price means the Limit price is lower than the Stop price, and a positive value means the Limit price is higher than the stop price).
3. If you enter a negative value, a warning appears. Click Continue or Reset to 0. (If you do not want this message to appear in the future, see NOTE below.
4. Click Apply to apply and save, or click Ok to save and exit.

NOTE: We assume that most users want Stop Limit orders to be set so that the Limit price is either equal to, or worse than, the Stop price, which means entering 0 or a positive value. A default warning appears if you try to enter a negative value.

To turn off this default warning:

In the Trading Settings dialog box, in the General tab, click to uncheck the checkbox next to "For Stop Limit Orders, warn if Limit price is better than Stop price". Then click Apply to apply and save, or click OK to save and exit.

OR

When the warning appears, select the  "Don't Show this message Again" option.

 

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