Requote errors in MT4
1 replies
rjay
9 years ago #113453
How can I avoid requote errors in MT4 when using EA’s ?
I saw this in the Experts tab:
2015.03.19 00:00:28.257 EURJPY_Strategy 0.4837588 EURJPY,Daily: 2015.03.19 00:00:18 Error opening order: 138 : requote
2015.03.19 00:00:28.197 EURJPY_Strategy 0.4837588 EURJPY,Daily: 2015.03.19 00:00:18 Opening order, direction: 1, price: 130.251, Ask: 130.28, Bid: 130.251
2015.03.19 00:00:27.197 EURJPY_Strategy 0.4837588 EURJPY,Daily: 2015.03.19 00:00:18 Error opening order: 138 : requote
2015.03.19 00:00:27.104 EURJPY_Strategy 0.4837588 EURJPY,Daily: 2015.03.19 00:00:18 Opening order, direction: 1, price: 130.251, Ask: 130.28, Bid: 130.251
This EA did not successfully open a position, which obviously is a problem …
geektrader
9 years ago #129379
This is your broker requoting you and has nothhing to do with a bug in SQ or the EA, they just don´t want to let you into the market for the price you´ve requested, because they want to give you a worse price. Solution: use a better broker that does NOT requote you all the time. Requotes are typical for market maker brokers, which trade against you anyway and benefit from you when you lose! Market makers are never a good idea to use for that reason alone. Go with a good ECN broker like Global Prime, you´ll never see requotes with serious brokers.
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