MT4 not closing trades on Take Profit | Forex Factory

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MT4 not closing trades on Take Profit

  • #1
  • First Post: Aug 30, 2012 12:49pm Aug 30, 2012 12:49pm
I just observed that the FXCM MT4 sometimes does not close trades on reaching take profit price. When it happened the first time I just taught it was a one time error. It has happend again despite the fact that the stop loss and take profit levels were entered when the trade is taking. Does anyone have any idea what can cause this anomaly.
I have attahced the chart showing price well below the take profit level entered when the trade was taking.
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  • #2
  • Aug 30, 2012 1:22pm Aug 30, 2012 1:22pm
Was your computer either sleeping, or off when price cruised by your TP?

Seeing that it is a demo account, sometimes those platforms aren't as reliable as a live account. A live account, unless otherwise programmed, registers your parameters at the broker. With a demo account, your settings like TP and SL are usually local, subjecting them to all sorts of connection problems.
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  • #3
  • Aug 30, 2012 1:49pm Aug 30, 2012 1:49pm
Huh? His computer being off has nothing to do with if a TP is hit or not. The TP and SL values are stored in the broker's servers regardless of it being live or demo.

It looks like the broker's server screwed up.
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  • #4
  • Aug 30, 2012 2:28pm Aug 30, 2012 2:28pm
Quoting stevegee58
Huh? His computer being off has nothing to do with if a TP is hit or not. The TP and SL values are stored in the broker's servers regardless of it being live or demo.

It looks like the broker's server screwed up.

Some are... Some aren't.

I've had the same issues with MT4, and a couple of other platforms in the past on demo. And in fact it WAS related to my computer losing connection.

Not all demo programs are that way. It depends on the broker.

And yes, quite possibly the broker's demo server is stuffed.
No way I'll wreck this... It's a beer truck!
  • #5
  • Aug 30, 2012 2:41pm Aug 30, 2012 2:41pm
Quoting okehiedon
I just observed that the FXCM MT4 sometimes does not close trades on reaching take profit price. When it happened the first time I just taught it was a one time error. It has happend again despite the fact that the stop loss and take profit levels were entered when the trade is taking. Does anyone have any idea what can cause this anomaly.
I have attahced the chart showing price well below the take profit level entered when the trade was taking.
This happened to me a few times at North Finance years ago.
At the moment when each of those events took place, I noticed the volatility was very high with constant tick change activity.

Maybe the speed and continuity of the feed didn't allow for any other order to be executed in-between a tick change AND coinciding with your TP price, and when back to normal the price is either too high or too low so the order remains open.

It will also depend on the settings at the broker side, I think that if there is little positive slippage allowed and price jumps much above your TP, the closing conditions aren't met thus the trade remains there.

This is my opinion anyway, it can also be just a glitch.
  • #6
  • Aug 30, 2012 2:42pm Aug 30, 2012 2:42pm
Quoting Bruce Flea
Was your computer either sleeping, or off when price cruised by your TP?

Seeing that it is a demo account, sometimes those platforms aren't as reliable as a live account. A live account, unless otherwise programmed, registers your parameters at the broker. With a demo account, your settings like TP and SL are usually local, subjecting them to all sorts of connection problems.
I use a VPS so it had nothing to do from my own end. Really strange occurence
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  • #7
  • Aug 30, 2012 2:45pm Aug 30, 2012 2:45pm
Quoting doblece
This happened to me a few times at North Finance years ago.
At the moment when each of those events took place, I noticed the volatility was very high with constant tick change activity.

Maybe the speed and continuity of the feed didn't allow for any other order to be executed in-between a tick change AND coinciding with your TP price, and when back to normal the price is either too high or too low so the order remains open.

It will also depend on the settings at the broker side, I think that if there is little positive slippage allowed and price...
Thanks for the explanation
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  • #8
  • Dec 10, 2016 4:18pm Dec 10, 2016 4:18pm
I would like to bump this. I can say that this has nothing to do with demo since it happened to me on a live ecn account on alpari recently using my own ea. In my case, when I noticed this (I run mt4 on VPS) the price was below TP even though price had been over TP by large margin in the past hours according to charts (buy trade). This could not be explained difference in bid/ask. Of course I got mad at first. Eventually price went above TP again, but mt4 still didn't close the trade. The TP "box" was yellow as in the screenshot above. Eventually, I manually (and luckily) closed the trade above TP. You would think that TP means "at TP price or above" in the case of a buy trade, but this isn't the case it seems. Does someone know whats going on here? This is of relevance to programmers like myself since it means that you cannot trust the set TP level, rather you have to program your ea to close trades at a any price beyond a certain limit corresponding to what you would set your TP to.
  • #9
  • Dec 24, 2024 2:23am Dec 24, 2024 2:23am
Thank you also I have an order on AUDNZD and MT4 not close trades on reaching take profit price.
  • #10
  • Dec 24, 2024 4:16pm Dec 24, 2024 4:16pm
Quoting marsikmarsik
Thank you also I have an order on AUDNZD and MT4 not close trades on reaching take profit price.
Interesting, is there a question there?

I reckon it's the SPREAD, or the market closed early for Xmas.

Or, ask your broker WTF is going on?

Merry Christmas
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  • #11
  • Last Post: Dec 26, 2024 2:37pm Dec 26, 2024 2:37pm
Quoting Erebus
I reckon it's the SPREAD, or the market closed early for Xmas. Or, ask your broker WTF is going on? Merry Christmas
No it is 23/12 and markets was open, it wasnt SPREAD.
Thx.
Is it possible problem frametimes between my internet connection and broker datacentre?

Quoting Erebus
Merry Christmas
Happy Holidays you too THX
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