I have spoken about this matter in the past. Is there any way we can avoid triggers of stop orders based on false prints? Perhaps we can check the inside bid/ask quotes to confirm before executing these trades?
Currently, if I place a buy stop, there is a false print way above the stop order and the order gets triggered(similar situation for short side) incorrectly and then I have to exit the trade with an unnecessary loss. I am not using buy stop orders right now, but i would love to use it if some sort of logic is implemented to prevent this issue.
Please let me know.
Is there any way we can avoid triggers of stop orders based on false prints?
How do you avoid triggering of your stop orders if there is "false" prints on your broker side?