I got entered into a trade today before the breakout occured again. I checked the sharescope value and the underlying price never hit my sharescope order value.
The reason the trade entered is because of the estimated price the dealer uses for their spread.
I discussed above that the TU mentor advised me not compensating for this value when placing my orders and stops.
I have analysed this and realise you DO need to bear this in mind and do oneof the following:
1. Leave an extra gap when entering stops and orders to compensate for the dealer spread or
2. Add the half the spread width to a BUY or order and take away half the spread width from a SELL order.

I will be doing the second one as I can automate this in excel and it keeps me using the strategy I want.

I’ll let you know if I have any success.