Jump to content
  • 0

MT4 Requotes

Question

Hello

I am testing an EA on your MT4 platform. It didn't close a trade as it should so I checked the Journal and saw

2019.01.18 06:55:50.153    '199681': requote 24347.2 / 24348.8 for order #23294623 sell 1.00 US30 closing at 24346.8

This was a market order, not a limit order it should be executed at best available price ,I haven't seen any other MT4 broker 
use requotes for at least 5 years.

How can I trust my EA to run unsupervised when my orders can be randomly rejected?

Do you have a solution?

Thanksrequote.PNG.bdfb386d6210bccb21304bca9cd93fa5.PNG

Share this post


Link to post

1 answer to this question

Recommended Posts

  • 0
Posted (edited)

I am also having the problem of "requote" while using an EA on MT4. The market isn't moving especially quickly but about 1 in every 10 orders fails due to requote. I'm not using an EA that requires highly fast and accurate trades therefore I can handle a bit of slippage. How do I set the allowable amount of slippage to avoid "requote"?

 

Thanks

Edited by skibum84

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Member Statistics

    • Total Topics
      7,424
    • Total Posts
      37,733
    • Total Members
      47,701
    Newest Member
    SanthuDiya
    Joined 18/09/19 13:51
  • Posts

    • yes they will be on less charts but I understand your point about the size of the moves in ftse, no harm in trialing them though you might find marking out the immediate prior high and low has more relevance.  
    • Yeah, I keep an eye on volume, that's why it's showing at the bottom of my chart However, I haven't been able to discover a strong relation between volume spikes and trend direction. Sometimes I see orders of the magnitude of 10-20k and the chart doesn't do anything special. Other times you see just average volume and the chart does huge turnarounds. For example what happened at 8.30 with that spike down and then going straight back up and making new highs vs previous candle? All happened on low volume
    • @jameswalker1 my recommendation is trade the demo account to get a better understanding of the costs associated. I traded demo for nearly 2 years before placing my first real trade. It will save you in the long run to get a better understanding of the costs involved.
×
×