Zorro automated stoploss

Posted By: Miska

Zorro automated stoploss - 10/04/23 09:18

Hello

I have a problem about Zorro's automated sl levels which Zorro send to MT5. This is usually about 20-30% higher/lower than entry price. Anyway, this is usually so that decimals are not rounded to lowest accuracy of asset. Example I have used Nasdaq future where step is 0.25 and st is calculation and it could send to MT5 decimals example 10234.13333333 for Nasdaq future. This is reason for MT5 and my broker to not accept the trade. I have tried to change assets-list PIP- and PipCost-levels, but it wont help. So how I can solve this? dont find any help from brokercommand either...
Posted By: Petra

Re: Zorro automated stoploss - 10/09/23 09:20

If the broker does not accept the stop loss, easiest fix is disabling it so that your trade is accepted. Set StopFactor to 0.

If you still want a broker stop, use the round function to adjust your stop to the values that are accepted, then set Stopfactor to 2 so that the broker-sent stop also uses one of these values.
Posted By: Miska

Re: Zorro automated stoploss - 10/09/23 12:02

Hello Petra

Looks that it works...thanks a lot Petra, I have tried to solve this over week...

Can you clarify about this roundto-funktion use in brokerstoploss. I have used roundto in some cases when I have round trading sl or sl in actual trades in zorro, but how can I do it to broker-sl? How I can modify the value of broker sl?
Posted By: Petra

Re: Zorro automated stoploss - 10/09/23 15:59

When you round the Stop value, the broker stop is automatically rounded when you set Stopfactor to an integer value.
Posted By: Miska

Re: Zorro automated stoploss - 10/10/23 10:45

Ok, thanks Petra
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