Nota: I posted the same unanswerd question on Multicharts forum. Please excuse the duplication for those who use both forums.
Hello
I just read in IB document that we can use a Stop Limit Order to reduce the slippage
My understanding is: The stop l triggerd the lookout for the limit Price. This way, i could limit my slippage
A regular stop is a market order after the stop as been hit
Anybody use this technique in Forex (EurUsd) . Any pro /con?