I'm not sure if this is the proper area to place this topic.
I just want to ask, is there an option, or a program or anything that I could use with my MT4, where in when there's no open orders (all orders are close) it would notify me? Maybe thru email or whatever as long as I can get notified. Any suggestions or work around would do, besides constantly checking my MT4 app thru the phone.
1. Yes exactly. In fact with the notifications turned on, you should get a notification straight away showing the trade status, So if there are no trades you will get a 'All Trades Closed' message. If there is a trade open it will tell you that a new trade is open. 2. The EA will tell you 2 things :- a. When you go from 1 trade(or more) to no trades at all, and; b. when you go from no trades at all to 1 trade or more(it only reports the first trade).
You can disable the notifications that you don't want, so if you don't want to be notified of a new trade, then select 'New_Trade_Alert' to false.
I don't have an EA to report on the close of any one trade. The detection of individual trades is a far more complex algorithm than simply telling if an your order total is 0 or more than zero.
If you want individual trade notifications just select the tickbox in the notifications dialogue, as per this screenshot :
The best thing about MT4 is that it can be integrated with any kind of charting tool that you use, and notifications can be sent. Just make sure that you have allowed this to happen on your settings of MT4.
Well, some brokers offer such notification system but the most difficult task is to ind such brokers, and moreover, they must be susceptible to your requirements. As for MT4, I don't know whether it has such an option or not, however I know that if you will try to find this, probably you can find such an option. Actually, I believe that notifications play big role in trading activity, because they help you to understand what's going on the market. I would probably think about norification system which will notify you even if your're out of trading, for example, if there will be a good time to open position or not.
I think the better option is to get notifications when something interesting happens on the market, for example, high volatility or some assets were sold or bought in huge amounts. In this case traders will be able to evaluate the whole situation and make decisions. No doubts, that there are some platforms and brokers which offer such a function, however the vast majority of brokers don't have such functions. It will be really useful. It saves the time of traders and they don't need to monitor the news, expecting something. They will just get a notification and will understand that this time is for them.
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