Archive for August, 2013

Beware of Brokers Lagging Your Expert Advisors

August 16, 2013  |  Automated Trading, Expert Advisors, MetaTrader 4  |  Comments Off on Beware of Brokers Lagging Your Expert Advisors

If you are using Expert Advisors on the MT4 platform, beware that some brokers are messing with the order execution. I’m using several accounts across multiple brokers, and with some of them I’m seeing some really weird behavior.

Imagine that your MT4 terminal us fully connected to your broker, the quotes are coming in constantly, your EA tries to place a trade but gets a “no connection” error from the MT4 terminal. How the heck is that even possible? I have seen a number of other errors as well, however the “no connection” is the most frequent.
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