MT4 4 digit charts | Forex Factory

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MT4 4 digit charts

  • #1
  • First Post: Jul 13, 2010 2:16am Jul 13, 2010 2:16am
Hey,

Do all MT4 brokers use 5 digits now? For the longest time I used the IB demo because it was 4 digits, but the other day it switched to 5. I've tried to change servers, but I can't get the 4 digits anymore. That 5th digit drives me crazy. Does anyone know of 4 digit demos?
  • #2
  • Jul 13, 2010 4:19am Jul 13, 2010 4:19am
This one is 4 digit MT4 that I have used a while ago.

http://www.finance.sts.bg/i/?p=downloadMT4

But then timezone may be an issue for you.

Quoting Dopey
Hey,

Do all MT4 brokers use 5 digits now? For the longest time I used the IB demo because it was 4 digits, but the other day it switched to 5. I've tried to change servers, but I can't get the 4 digits anymore. That 5th digit drives me crazy. Does anyone know of 4 digit demos?
  • #3
  • Jul 13, 2010 4:54pm Jul 13, 2010 4:54pm
FXDD is still 4 digit and one of their senior traders indicated that there were no plans to switch.
  • #4
  • Jul 13, 2010 5:42pm Jul 13, 2010 5:42pm
Word is all 4 digit live accounts at IBFX are going to be transitioned to 5 digits on 17-Jul and demo accounts were transitioned on the 10th.
You are in a maze of twisty little passages, all alike.
  • #5
  • Jul 13, 2010 6:09pm Jul 13, 2010 6:09pm
another important note on the ibfx change......

the parameters for ordersend string are different.....

anyone testing in the demo's would have made the proper changes to their ea's by now.....

live account ea's and scripts will need the same changes shortly unless ibfx for some reason delays the roll out.....

the mq4 must be changed and recompiled.....h
to trade and code, keep both simple... no call to impress....h
  • #6
  • Jul 13, 2010 6:18pm Jul 13, 2010 6:18pm
I was absolutely sure that 5-digit FX quotes would die a silent death since there are no benefits what so ever for you as a trader along with more painful order-entries and more excuses for brokers to off-quote you but I was wrong, people seems to love it
Measure twice, cut once
  • #7
  • Jul 14, 2010 1:28am Jul 14, 2010 1:28am
Thanks for the info.

I understand why they use the fifth digit, but I sure don't like looking at it. I found this indy that puts the price up on the chart into 4 digits. Still, I have to train my eye to just ignore that last one when looking. With Oanda you can turn off the 5th digit, which is a nice option.
Attached File(s)
File Type: mq4 Market Price Bold Label.mq4   4 KB | 691 downloads
  • #8
  • Jul 14, 2010 1:45am Jul 14, 2010 1:45am
Quoting CodeMeister
FXDD is still 4 digit and one of their senior traders indicated that there were no plans to switch.

Oops!
  • #9
  • Jul 14, 2010 6:50am Jul 14, 2010 6:50am
A few weeks ago i noticed that GCI MT4 demo still use the 4 digit charts. But today i tried to open a demo account again and the demo server isnt working at the moment.
  • #10
  • Jul 14, 2010 12:32pm Jul 14, 2010 12:32pm
Quoting kihl
A few weeks ago i noticed that GCI MT4 demo still use the 4 digit charts. But today i tried to open a demo account again and the demo server isnt working at the moment.
I just got their demo and it's set to GMT which is precisely what I wanted.

Thanks.
  • #11
  • Jul 16, 2010 12:41am Jul 16, 2010 12:41am
For those who interested, Hayseed has kindly helped me to create an indi that will snap a horizontal line to the nearest 4-digit value.

http://www.forexfactory.com/showthre...16#post3877716
  • #12
  • Jul 16, 2010 1:59am Jul 16, 2010 1:59am
im not sure it will help...
but these links have a list of MT4s. http://cdn.forexfactory.com/images/s...im/winking.gif
  • #13
  • Jul 20, 2010 6:19pm Jul 20, 2010 6:19pm
Quoting CodeMeister
FXDD is still 4 digit and one of their senior traders indicated that there were no plans to switch.

Looks like its a 5 digit world. FXDD just advised all clients they will switching to 5 digit on Aug 1 for demo and Aug 15 for real money. Gain Capital might be the last one standing.
  • #14
  • Last Post: Sep 4, 2016 1:33pm Sep 4, 2016 1:33pm
This indicator converts and displays any 3/5 digit brokers into 2/4 digits. Hope this helps!
Attached File(s)
File Type: ex4 TraderBotMarketplace 4_Digit_Broker_View.ex4   288 KB | 417 downloads
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