Notification when there's no open trades?

Aug 19, 2020 at 12:02
1,170 Views
14 Replies
forex_trader_1688554
Biedrs kopš   5 ieraksti
Aug 19, 2020 at 12:02
Hi!

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.


Thank you in advance!
Aug 19, 2020 at 14:56
Here you go.

Drop it on any chart. Make sure the MT4 terminal is configured to send notifications or emails.

Pielikumi

Wealth Creation Through Technology
forex_trader_1688554
Biedrs kopš   5 ieraksti
Aug 20, 2020 at 06:10
Hi!

thank you for this,

can you tell me how to set this up? i saw the settings and I don't know where to start.
I saw on the net that we can send alerts also to the app via mqid. can this be used with that?
Aug 20, 2020 at 07:12
Hi,

Yes you place your Metaquote ID into the terminal. To get your Metaquotes ID, open MT4 on your iPhone and select the setting button on the bottom right. Select Chats & Messages





Your MQID is located at the bottom of the screen




From there go to MT4 on your computer, select Tool from the top menu bar, and then select Options. On the dialogue that opens, select the Notifications tab and drop your MQID into the place for it.




Selecting the next tab over you can enter your email info if that is the way you want to get your trade info.

Just be aware notifications from MT4 can be slow or even unreliable at times. I suspect something to do with the Metaquotes server but it will probably be ok for your purposes.

Good luck.


Pielikumi

Wealth Creation Through Technology
forex_trader_1688554
Biedrs kopš   5 ieraksti
Aug 20, 2020 at 10:08
Super thank you for this,

i have another question tho.

1. i attached the EA on any chart, didnt do anything with the settings, then turns on push notification with the proper MQID. Thats correct right?

2. this EA works when there's no trade open right? do you have an EA that does the same but only when an order is closed? (not necessarily all are closed)
Aug 20, 2020 at 10:25
Hi,

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 :




Pielikumi

Wealth Creation Through Technology
Aug 20, 2020 at 10:27
Ah, I forgot to mention, I made a small modification to the EA, so download it again from my last post.
Wealth Creation Through Technology
forex_trader_1688554
Biedrs kopš   5 ieraksti
Aug 20, 2020 at 13:15
Thank you very much for this. It is very useful for me
Biedrs kopš   75 ieraksti
Aug 25, 2020 at 16:28
Quite good recommendations that can really come in handy.
Biedrs kopš   102 ieraksti
Aug 26, 2020 at 07:31
This is really handy. Thank you for sharing it
Oct 23, 2020 at 05:19
Yes, you can allow the notifications on your MT4. It is good for regular updates so make sure you check the settings properly.
Oct 04, 2021 at 16:23
You get notification on closing trade. Just remember the order.
Oct 04, 2021 at 17:54
Thanks for the help kennyhubbard.
Biedrs kopš   11 ieraksti
Nov 12, 2021 at 12:42
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.
Biedrs kopš   26 ieraksti
Jan 13, 2022 at 20:56
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.
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.