fxDreema

    • Register
    • Login
    • Search
    • Back to the main page
    • Categories
    • Recent
    • Tags
    • Popular
    • Search

    Does a Partial Close incur spread?

    Questions & Answers
    2
    2
    898
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • drayzen
      drayzen last edited by

      I see that the close (partially) block's description says it actually closes the whole trade and opens a new one with lower volume.
      I'm guessing this then incurs the current hit with spread again every time this is done, correct?
      I gather this is different to when it is done in the MT4 terminal where it appears that it actually reduces the size of the original trade.

      ..the alien does not concern itself with the opinions of humans..

      1 Reply Last reply Reply Quote 0
      • fxDreema
        fxDreema last edited by

        What I know is that in MQL4 the function OrderClose() allows you to set the lot size to be closed, which makes the function capable to partially close the trade. When that happens, in the list of trades it appears that the original trade has been fully closed and a new one has been created (with smaller lot size). Both trades have different ticket numbers, so visually you can't even tell that it was a partial close, but it's a little bit different on a lower level. I'm not sure, but I think that it's better to partially close the trade instead of fully close and open smaller amount after that.

        1 Reply Last reply Reply Quote 0
        • 1 / 1
        • First post
          Last post

        Online Users

        H
        S
        D
        M
        C
        M
        J

        12
        Online

        146.8k
        Users

        22.4k
        Topics

        122.6k
        Posts

        Powered by NodeBB Forums | Contributors