Use wide Bid/Ask Spread protection

1. Purpose and Overview

The 'Use wide Bid/Ask Spread protection' feature serves as an additional safety mechanism when opening a trade.

It prevents a trade from being executed if the Bid-Ask spread of a contract to be opened exceeds a defined threshold at the time of the planned entry.

The goal is to avoid entering contracts with currently poor liquidity and to reduce potential slippage at entry.

This feature is located in the lower section of the Trade Template.

2. How It Works

When the option is activated, you can define a maximum allowed distance between the Bid and Ask price.

Example:
Max value = 0.20

Meaning:

• If the difference between Bid and Ask of a contract to be opened is more than 0.20 USD,
• the trade will not be opened
• and the order will be rejected accordingly (trade will be set to CANCELED).

The check occurs immediately before the trade is opened.

3. Use Cases

The feature is particularly useful for:

• Less liquid underlyings
• Contracts with larger spreads
• Market phases with increased volatility
• Strategies where precise entry is critical

By limiting the maximum Bid-Ask spread, it prevents orders from being executed during phases of low liquidity or with significantly wide spreads.