Off Quotes on MT4 Contest November 15th?
Členom od Aug 26, 2010
3 príspevkov
Nov 15, 2012 at 00:15
Trying to trade and keep getting the message 'Off quotes'.
What should I do now?
thanks
Server : FXCM-USDDemo01
What should I do now?
thanks
Server : FXCM-USDDemo01
The only indicator of currency direction is Price!
Členom od Sep 29, 2010
9 príspevkov
Nov 15, 2012 at 01:35
Have the same problem, i hope we have to wait but that is to bad for the contest....
dcbsod@
forex_trader_32776
Členom od Mar 28, 2011
1008 príspevkov
Nov 15, 2012 at 03:24
I've experienced off quotes with FXCM mt4 On Live Accounts in the past. Sometimes you can't close profitable positions.
I couldn't tell you exactly why this broker has off quotes more than any other broker I've ever used.
Having off quotes, would normally mean the price changed but here's FXCM explanation.
https://forexforums.dailyfx.com/automated-trading-platforms-strategy-trader-mt4-fss/231519-mt4-what-does-error-message-off-quotesa-mean.html
I couldn't tell you exactly why this broker has off quotes more than any other broker I've ever used.
Having off quotes, would normally mean the price changed but here's FXCM explanation.
https://forexforums.dailyfx.com/automated-trading-platforms-strategy-trader-mt4-fss/231519-mt4-what-does-error-message-off-quotesa-mean.html
forex_trader_32776
Členom od Mar 28, 2011
1008 príspevkov
Nov 15, 2012 at 03:27
Quote from FXCM
''
How do I avoid Off Quotes?
While FXCM continues to make improvements to our MT4 platform, Off Quotes may happen on the MT4 platform in the future due to MT4 technology limitations.
MT4 EA users can avoid Off Quotes if they code their EAs for Strategy Trader - FXCM's automated trading platform built for No Dealing Desk execution. Unlike the MT4 platform, no software bridge or Auto Account Syncs are used. This decreases the time it takes to execute trades and simplifies account management so that you can focus on finding trading opportunities.''
Wow. They blame it on MT4 Technology and suggest to use their proprietary trading platform instead. 😁
''
How do I avoid Off Quotes?
While FXCM continues to make improvements to our MT4 platform, Off Quotes may happen on the MT4 platform in the future due to MT4 technology limitations.
MT4 EA users can avoid Off Quotes if they code their EAs for Strategy Trader - FXCM's automated trading platform built for No Dealing Desk execution. Unlike the MT4 platform, no software bridge or Auto Account Syncs are used. This decreases the time it takes to execute trades and simplifies account management so that you can focus on finding trading opportunities.''
Wow. They blame it on MT4 Technology and suggest to use their proprietary trading platform instead. 😁
Členom od Sep 29, 2010
9 príspevkov
Nov 15, 2012 at 06:00
this competition is really crappy problem with this technique. We can not even buy or sell, or close positions
dcbsod@
Členom od Aug 26, 2010
3 príspevkov
Nov 15, 2012 at 10:16
I closed the FXCM account and quit the contest. This contest and platform stinks! 😂
The only indicator of currency direction is Price!
Členom od Jul 03, 2012
5 príspevkov
Nov 15, 2012 at 11:18
SPREAD PARAH! OFF QUOTES MULU!
Členom od Nov 11, 2012
2 príspevkov
Nov 15, 2012 at 13:34
Frequency of OFF QUOTES are very high compared to other broker..
Pending orders can be the solution..
Pending orders can be the solution..
Členom od Sep 29, 2010
9 príspevkov
Nov 15, 2012 at 17:45
I closed my account too. Bad contest for me. I'm really disappointed with FXCM. Good luck.
dcbsod@
Členom od Jun 14, 2010
12 príspevkov
Nov 15, 2012 at 17:49
Terrible the platform, very hard to close a trade. Allways Off Quotes.
Členom od Sep 29, 2010
9 príspevkov
Nov 15, 2012 at 17:53
That why i closed my account coz i lost all my profitable positions.
dcbsod@
Členom od Jun 14, 2010
12 príspevkov
Nov 15, 2012 at 18:34
15 tries for close a order, Off Quotes.
Členom od May 11, 2011
235 príspevkov
Nov 15, 2012 at 21:56
Tools -> Options -> Trade [TAB]
Set Deviation by default to 10 pips.
Set Deviation by default to 10 pips.
For every loss there should be at least an equal and opposite profit.
Členom od Jun 14, 2010
12 príspevkov
Nov 16, 2012 at 15:21
I found how close the order fast, with a scrip 'Cutoff', you can download here
https://codebase.mql4.com/5329
https://codebase.mql4.com/5329
Členom od Aug 12, 2009
272 príspevkov
Nov 16, 2012 at 20:43
Hi Everyone,
If you are getting Off-Quote you can increase the max deviation to reduce the likelihood of it appearing. If you receive the Off-Quote message, it means the market price is different from the price you requested in your order. You can enable max deviation and set it to 10 or 20, which indicates 1.0 or 2.0 pips. This gives you flexibility in case the price has moved when the order is submitted for execution.
See xgavinc's post 2 up for instructions on how to set a default max deviation for every order.
And finally, just a reminder that trading closes today at 21:55GMT and will open again on Sunday at 22:15 GMT.
Have a great weekend!
If you are getting Off-Quote you can increase the max deviation to reduce the likelihood of it appearing. If you receive the Off-Quote message, it means the market price is different from the price you requested in your order. You can enable max deviation and set it to 10 or 20, which indicates 1.0 or 2.0 pips. This gives you flexibility in case the price has moved when the order is submitted for execution.
See xgavinc's post 2 up for instructions on how to set a default max deviation for every order.
And finally, just a reminder that trading closes today at 21:55GMT and will open again on Sunday at 22:15 GMT.
Have a great weekend!
Členom od Jul 03, 2012
5 príspevkov
Nov 19, 2012 at 07:11
Are you Dealing Desk broker?
Členom od Aug 12, 2009
272 príspevkov
Nov 19, 2012 at 16:28
Dhymas posted:
Are you Dealing Desk broker?
Hello Dhymas,
FXCM has both No Dealing Desk and Dealing Desk forex execution. So our traders can choose which they prefer.
We recommend No Dealing Desk forex execution to our clients because it provides our best all around trading experience. For traders whose main concern are spreads, we offer dealing desk execution where the spread is about 1 pip tighter than the NDD execution. There are certain limitations to the dealing desk offering which you can view in the comparison chart here https://www.fxcm.com/advantages/forex-execution/compare-execution-types/
Let me know if you have any questions.
Jason
Členom od Jun 14, 2010
12 príspevkov
Nov 21, 2012 at 00:56
Hi:
I made the change ( You can enable max deviation and set it to 10 or 20, which indicates 1.0 or 2.0 pips) and continue the same, don´t close the trades Off - Quotes
I made the change ( You can enable max deviation and set it to 10 or 20, which indicates 1.0 or 2.0 pips) and continue the same, don´t close the trades Off - Quotes
Členom od Sep 29, 2010
9 príspevkov
Nov 21, 2012 at 01:23
Really funny contest with many 'Off-quotes'....
dcbsod@
Členom od Sep 17, 2010
40 príspevkov
Nov 21, 2012 at 08:20
(upravené Nov 21, 2012 at 08:24)
same problem here, the only way to avoid it is to use limit orders.
edit: after setting the deviation by default in Tools/Options/Trade to 5 pips it is working as it should...
edit: after setting the deviation by default in Tools/Options/Trade to 5 pips it is working as it should...
