Max Orders and FIFO

[TommyJW]

Could FIFO rules interfere with the bot closing trades if I have multiple concurrent orders on the same pair?

Thanks.

 

[Ronald]

Hi Tommy,

FIFO rules may potentially interfere with the bot's ability to close trades if you have multiple concurrent orders on the same trading pair. Please check the Journal tab for any FIFO-related error messages. In case you encounter these errors, I recommend that you contact your broker and inform them that you are using a trading bot so they can advise you about the best account type for you.

 

[TommyJW]

Read somewhere that in FIFO countries (US), set to 1.