What is an Invalid Stop Loss (SL) or Take Profit (TP)?
Some of the most common reasons for an invalid Stop Loss and Take Profit include:
- Stops are too close to the opening price. Stops must be placed 2 pips away from the entry price.
- Stop levels are incorrectly formatted e.g. too many figures/decimal places.
- You may be trying to set your SL or TP level in the wrong place in relation to the current market price.
What should I do if MT4 cannot connect?
What does the "Invalid Account" notification mean?
What does the "Trade is disabled" notification mean?