Pending orders and trading outside of market hours
You are not doing anything wrong. Unfortunately MT4 does not allow any sort of order when the market is closed.
The only way that I am aware of to place pseudo pending orders during the market closed period is with an EA coded to open market orders when the pending level is hit
GumRai:
Thanks for the reply GumRai. Why don't they allow pending orders when the market is closed? It seems to me to be a disadvantage for PipIndex if other brokers will allow it.
You are not doing anything wrong. Unfortunately MT4 does not allow any sort of order when the market is closed.
The only way that I am aware of to place pseudo pending orders during the market closed period is with an EA coded to open market orders when the pending level is hit
What "other brokers" allow it? I only know of stocks, not FX
WHRoeder:
What "other brokers" allow it? I only know of stocks, not FX
Well the only other one i have is Plus500. Which is stocks, Commodities and also Forex. But its not as professional as PipIndex by any means.
What "other brokers" allow it? I only know of stocks, not FX
Can anyone suggest an EA for this (setting up a pending market order during close on MT4)?
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Hi, ii have recently downloaded MQL4 and think its fantastically flexible compared to other broker applications. However I'm stuck with pending order. On other appliications i can set up pending orders outside of market horus but on MQL4 it just says 'Market Closed' and 'Please verify operation parameters and try again later'.
What am i doing wrong?? Can anyone figure this out?