Olymp Trade stated that I can limit my possible losses with a stop-loss order protection. When I open the FIxed Time Trading in the OT platform, I cannot find the option of selecting the price for the Stop-loss order, it does not appear here. The same story is about the take-profit order, but I can cope with that somehow. I can close profitable deals manually or wait for the expiration time. But the SL function is absent. What should I do to enable this function?
Jun 24, 2021
Complaint marked as Resolved Thanks to Olymp Trade support, I have realized the difference and my mistake. I was trying to add stop-loss orders in Fixed Time Trading, while this type of trading does not suggest such an option. As a result, the OT platform does not even have such a function in it. To enable the stop-loss order feature, as well as other advantages of the Forex type of trading in the financial markets, I had to switch to the Olymp Trade MetaTrader4 platform with the appropriate account type. All of the new trades have an automatic stop-loss protection, which I can adjust or change according to my method of analysis.
Olymp Trade customer support has been notified about the posted complaint.
Thank you for reaching out to us. We are excited that you find the Olymp Trade platform promising. We are also glad that you appreciate the possibility to use fixed amounts and set up a multiplier value. The linear regression indicator indeed is not presented on the platform. We value our trader's opinions and work on expanding the functionality of the platform based on the received feedback. We make sure to pass this information on to our team for further discussion.
Best regards, Olymp Trade team.