Anyone able to scalp 1min/5min with oanda MT4

Hi all,

I was wondering if anyone is able to scalp with oanda's MT4?

I'm asking because I don't know if its just me or some problem with my machine or mt4 terminal but very often on market orders it says order sent (the little box pops up with cancel if you wish to) and then nothing happens for sometimes almost 30sec - 1min !

If I attempt to cancel nothing happens, I've found best solution is to shut down my platform and restart and then I discover my order has been executed some where down the line with a good deal of slippage.

Never ever faced this problem with ibfx or fxpro so I'm wondering if its just me or if anyone else has the same problem because oanda support say its just me, but i'm beginning to have my doubts

This is really stressing me out but at the same time I don't know any other broker who's a s big n reliable as oanda with such low spreads otherwise i would switch in a heartbeat. I'm not knocking oanda or anything in fact all my position trading is with them and i couldnt be happier but I'm really getting stressed out with the delay in market execution for scalping as its costing me money and regretted opportunities.

thx

yep,I did face the same problem and after some research found I was not the only one.oandas mt4 is a failure.

Same kind of thing happens with me. A lot of platform freezing; everyday pretty much. I keep fxtrade open at the same time, and if I run into a problem, I go into fxtrade to "Account" dropdown menu, and switch the account to MT4. I can then close the MT4 position for example from fxtrade. Have had to do it several times. For entries though that doesn't help I guess.

Did online chat with with them about it and got the same kind of response; "we haven't been having any problems here" blah blah blah. Waste of time.

Anyway the use of fxtrade for when MT4 freezes has helped the situation, but I'd rather a reliable MT4 with the same good spreads, etc.

I just was with them 2 weeks ago , so far satisfied , trading on M5 and M15 sometimes , didn't get your issues , maybe I will in the future . The only thing I hate was their MT4 history , look very confused , hope that Oanda can improve their MT4 trading platform more , it's not good as others brokers at the moment .

Their MT4 is just a bridge.. and it could have been done a lot better.

If you're scalping, just use their native fxTrade platform.. execution quality matters so much for scalping and fxTrade is great for that.

You can always keep MT4 open for charting...

definitely use FxTrade for scalping, MT4 execution is painfully slow sometimes

Oanda's MT4 really is a complete disaster, its unusable.

the key to winning is not to scalp 1-5min....trade bigger tf like 30mins....even if they slip u, u still win long run

Trading on M5 or M15 on Oanda MT4 is still ok for me , but M1 is not recommend on all brokers not only Oanda then .

seems I'm not the only one, thx everyone