Off Quotes Meaning Mt4

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Off quotes meaning mt4. Any order that breaches a limit set by the broker will be rejected by the server which can result in an off quotes message. If this is happening please contact support with your mt4 number and also the trade id number. 27th november 2017 by jafx. This usually occurs when there is a lot of volatility and or when spreads have widened out.

There are mainly 2 cases when the off quotes message appears on mt4 platform. That off quotes message will appear if the best price currently available is in the market is outside of the maximum deviation range you have set for the order. I ve experienced off quotes with fxcm mt4 on live accounts in the past. We are noticing at the moment a number of occasions when clients are getting an off quote status on their mt4 whereby they cannot close a trade.

So what does off quotes mean. Off quotes are one of the most common errors on metatrader 4 and metatrader 5 platforms. For example if you have a live account where the limit on the total size of your open positions is 10 0 lots at any given time but you or. I couldn t tell you exactly why this broker has off quotes more than any other broker i ve ever used.

The maximum deviation setting allows you to control slippage by setting a maximum deviation of pips from the order price submitted that you are willing to be filled but if you. This is not necessarily an indication that. Having off quotes would normally mean the price changed but here s fxcm explanation. In other cases off quotes usually indicates a break in connectivity resulting in no current prices being available.

What does off quotes mean on mt4. Off quotes is the mt4 mt5 error. If your mt4 platform wasn t connected to any markets due to some problem on your side broker s trading server or mt4 server your order won t be executed. At the most basic level off quotes indicates that the best price for the pair you re trading is not within your maximum deviation range you have set.