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 sharing. To set up the pending order, you need to choose a preferred asset in the Fixed Time Trades mode and press the Order button placed at the right tab (below the Duration settings). You can set the postponed orders by specifying a particular quote value or choosing the time when the order will be executed.
Best regards, Olymp Trade team.