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Off Quotes on MT4 Contest November 15th?
Nov 15, 2012 at 01:35
Medlem sedan Sep 29, 2010
9 inlägg
Have the same problem, i hope we have to wait but that is to bad for the contest....
dcbsod@
forex_trader_32776
Medlem sedan Mar 28, 2011
1008 inlägg
Nov 15, 2012 at 03:24
Medlem sedan Mar 28, 2011
1008 inlägg
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
Medlem sedan Mar 28, 2011
1008 inlägg
Nov 15, 2012 at 03:27
Medlem sedan Mar 28, 2011
1008 inlägg
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. 😁
Nov 15, 2012 at 06:00
Medlem sedan Sep 29, 2010
9 inlägg
this competition is really crappy problem with this technique. We can not even buy or sell, or close positions
dcbsod@
Nov 15, 2012 at 13:34
Medlem sedan Nov 11, 2012
2 inlägg
Frequency of OFF QUOTES are very high compared to other broker..
Pending orders can be the solution..
Pending orders can be the solution..
Nov 15, 2012 at 17:45
Medlem sedan Sep 29, 2010
9 inlägg
I closed my account too. Bad contest for me. I'm really disappointed with FXCM. Good luck.
dcbsod@
Nov 15, 2012 at 17:53
Medlem sedan Sep 29, 2010
9 inlägg
That why i closed my account coz i lost all my profitable positions.
dcbsod@
Medlem sedan May 11, 2011
235 inlägg
Nov 15, 2012 at 21:56
Medlem sedan May 11, 2011
235 inlägg
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.
Medlem sedan Jun 14, 2010
12 inlägg
Nov 16, 2012 at 15:21
Medlem sedan Jun 14, 2010
12 inlägg
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
Medlem sedan Aug 12, 2009
272 inlägg
Nov 16, 2012 at 20:43
Medlem sedan Aug 12, 2009
272 inlägg
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!
Medlem sedan Aug 12, 2009
272 inlägg
Nov 19, 2012 at 16:28
Medlem sedan Aug 12, 2009
272 inlägg
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
Nov 21, 2012 at 01:23
Medlem sedan Sep 29, 2010
9 inlägg
Really funny contest with many 'Off-quotes'....
dcbsod@
Medlem sedan Sep 17, 2010
40 inlägg
Nov 21, 2012 at 08:20
(redigerad Nov 21, 2012 at 08:24)
Medlem sedan Sep 17, 2010
40 inlägg
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...
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