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Data usage from MT4

  • #1
  • First Post: Nov 16, 2014 7:03am Nov 16, 2014 7:03am
I'm after some advice. Pretty please

I'm currently staying away from home and decided to get mobile broadband for trading whilst I'm away. Thing is..... I seem to go through an awful lot of data usage ..... about 600 megabytes a day!
Is this normal? Is there anything I can do to minimise my data usage as I have a limit set for how much data I should use .

I've done all the sensible things like reducing the history on my charts to 5000....
.... laughing all the way to the bank
  • #2
  • Nov 16, 2014 7:55am Nov 16, 2014 7:55am
an idea would be to disable all not needed pairs in the market view. This should lead to mt4 not attempting to download the current feed of those pairs. Usually the internet usage of metatrader isn't that high though. The only occasion I experienced a high load was when I needed to download new historic data for a pair.

Be careful though: Everything I said are more assumptions than actual facts.
  • #3
  • Nov 16, 2014 8:48am Nov 16, 2014 8:48am
Hey sweetie

I agree with Kilian19 as the best first place to start. "Hide All" pairs in the market watch window. This will close the feeds to any pair(s) you don't have a chart open for. Another one could be (Coders please correct me if not) any indies or EA's that make "outside" DLL or API calls.

Beyond that (and forgive me for asking the obvious), is MT4 the only internet access app you have running?

Hope you're having a great weekend.
Ghost Rider - WWTBMD?
  • #4
  • Nov 16, 2014 9:00am Nov 16, 2014 9:00am
Quoting itsallover
I seem to go through an awful lot of data usage ..... about 600 megabytes a day!
600 a DAY?? Are you sure? From Mt4 (or whatever trading front-end you're using) only? Nothing running in the background?

I look at 9 to 12 pairs at least (maybe you're looking at more?).

Don't mean to be disagreeable, but even if I re-download all my pair histories, I'm having very serious doubts my usage will hit even 0.5 Gb on those downloads alone. Daily normal usage (with incremental history updates) should be far less.

I don't mind to be proven wrong, but if I AM wrong, I'm counting myself lucky I don't have to depend on mobile broadband for more than just a couple of hours at the coffee shop.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #5
  • Edited 2:28pm Nov 16, 2014 1:56pm | Edited 2:28pm
Quoting Kilian19
an idea would be to disable all not needed pairs in the market view. This should lead to mt4 not attempting to download the current feed of those pairs. Usually the internet usage of metatrader isn't that high though. The only occasion I experienced a high load was when I needed to download new historic data for a pair. Be careful though: Everything I said are more assumptions than actual facts.

...... that is going to be tricky..... I've got 16 pairs in two timeframes... sorry I understand what you mean
.... laughing all the way to the bank
  • #6
  • Edited 2:11pm Nov 16, 2014 2:00pm | Edited 2:11pm
Quoting albchr
Hey sweetie I agree with Kilian19 as the best first place to start. "Hide All" pairs in the market watch window. This will close the feeds to any pair(s) you don't have a chart open for. Another one could be (Coders please correct me if not) any indies or EA's that make "outside" DLL or API calls. Beyond that (and forgive me for asking the obvious), is MT4 the only internet access app you have running? Hope you're having a great weekend.
Hey sweetie
The 16 pairs are always on... or I'd like them to be always on so that I can see whats happening. I have a little wifi gadget connected to my laptop and can also use the same device to connect to my phone..... haven't figured how yet......but I am clever.... promise!
.... laughing all the way to the bank
  • #7
  • Nov 16, 2014 2:10pm Nov 16, 2014 2:10pm
Quoting skenobi
{quote} 600 a DAY?? Are you sure? From Mt4 (or whatever trading front-end you're using) only? Nothing running in the background? I look at 9 to 12 pairs at least (maybe you're looking at more?). Don't mean to be disagreeable, but even if I re-download all my pair histories, I'm having very serious doubts my usage will hit even 0.5 Gb on those downloads alone. Daily normal usage (with incremental history updates) should be far less. I don't mind to be proven wrong, but if I AM wrong, I'm counting myself lucky I don't have to depend on mobile broadband...
I really wish it was a mistake lol.....I only got my new allowance on Thursday evening and I've already used up 722 Megabytes and I've hardly been on the internet..... jeez............ my weight is still the same .... thank god
.... laughing all the way to the bank
  • #8
  • Nov 16, 2014 2:13pm Nov 16, 2014 2:13pm
Quoting albchr
Hey sweetie I agree with Kilian19 as the best first place to start. "Hide All" pairs in the market watch window. This will close the feeds to any pair(s) you don't have a chart open for. Another one could be (Coders please correct me if not) any indies or EA's that make "outside" DLL or API calls. Beyond that (and forgive me for asking the obvious), is MT4 the only internet access app you have running? Hope you're having a great weekend.
oops..... I missed that bit.... yep I'll do that thankyou Chris.... and I hope you had a swell weekend as well
.... laughing all the way to the bank
  • #9
  • Nov 16, 2014 2:20pm Nov 16, 2014 2:20pm
Quoting skenobi
{quote} 600 a DAY?? Are you sure? From Mt4 (or whatever trading front-end you're using) only? Nothing running in the background? I look at 9 to 12 pairs at least (maybe you're looking at more?). Don't mean to be disagreeable, but even if I re-download all my pair histories, I'm having very serious doubts my usage will hit even 0.5 Gb on those downloads alone. Daily normal usage (with incremental history updates) should be far less. I don't mind to be proven wrong, but if I AM wrong, I'm counting myself lucky I don't have to depend on mobile broadband...

.... and yes.... nothing running in the background..... I wasn't even on FF for quite a while.....
.... laughing all the way to the bank
  • #10
  • Nov 17, 2014 2:48am Nov 17, 2014 2:48am
Thanx for all the replies...... I'll post my data usage at the end of the day today to see if the suggestions have made a difference.
.... laughing all the way to the bank
  • #11
  • Nov 17, 2014 1:41pm Nov 17, 2014 1:41pm
ok
I've used 1018 Megabytes from Thursday evening......about 280 Megabytes today and I was logged on all day. Hid all my unused charts on Market watch..... didn't play any music on utube so I'll see tomorrow if my usage is about the same. I think I can live with 280 Megabytes a day
.... laughing all the way to the bank
  • #12
  • Nov 24, 2014 4:22pm Nov 24, 2014 4:22pm
sounds like something is running in the background - I'm a regular market watcher mobile and get nowhere close to what you're describing...
"Holy Grail" exists - accepting where is the first step.
  • #13
  • Nov 26, 2014 2:50am Nov 26, 2014 2:50am
Quoting VaBikePacker
sounds like something is running in the background - I'm a regular market watcher mobile and get nowhere close to what you're describing...
Doh
I think I've sorted it out now.
I thought I'd be clever and have my 16 charts spread across 5 terminals. This I believe is what was chewing up my data allowance. I've now gone back to using just two terminals.... one for my live Broker and one for my charting and the difference is amazing.
I got round the problem of the 16 charts by using the MT4 profiles
.... laughing all the way to the bank
  • #14
  • Nov 26, 2014 5:47am Nov 26, 2014 5:47am
Quoting itsallover
{quote} Doh I think I've sorted it out now. I thought I'd be clever and have my 16 charts spread across 5 terminals. This I believe is what was chewing up my data allowance. I've now gone back to using just two terminals.... one for my live Broker and one for my charting and the difference is amazing. I got round the problem of the 16 charts by using the MT4 profiles
..Uhhh...yeh....that sounds like it could be an "issue"

Why use a separate instance for charting? If your live trading via MT4, charting and trading in the same platform isn't an issue at all.
"Holy Grail" exists - accepting where is the first step.
  • #15
  • Nov 26, 2014 7:20am Nov 26, 2014 7:20am
Quoting VaBikePacker
{quote} .,
.Uhhh...yeh....that sounds like it could be an "issue" Why use a separate instance for charting? If your live trading via MT4, charting and trading in the same platform isn't an issue at all.
Hey VaBikePacker
I use different Brokers because they have different candles. I trade based on my charting candles
.... laughing all the way to the bank
  • #16
  • Nov 27, 2014 3:39am Nov 27, 2014 3:39am
Quoting itsallover
{quote} Hey VaBikePacker I use different Brokers because they have different candles. I trade based on my charting candles
Is it because your "charting" broker is more "accurate"?

Why use a separate broker for execution i.e. what's special about your "execution" broker that you would only use this broker instead of your charting broker i.e. is your charting broker's execution so bad?

I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #17
  • Nov 27, 2014 7:08am Nov 27, 2014 7:08am
Quoting skenobi
{quote} Is it because your "charting" broker is more "accurate"? Why use a separate broker for execution i.e. what's special about your "execution" broker that you would only use this broker instead of your charting broker i.e. is your charting broker's execution so bad?
I prefer my charting broker because their server is GMT time or close
.... laughing all the way to the bank
  • #18
  • Nov 27, 2014 5:45pm Nov 27, 2014 5:45pm
Quoting itsallover
{quote} I prefer my charting broker because their server is GMT time or close
And your execution broker is preferred because...?

If I'm too nosey, just ignore me. I won't take offence.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #19
  • Edited Dec 1, 2014 11:53am Nov 30, 2014 1:05pm | Edited Dec 1, 2014 11:53am
Quoting skenobi
{quote} And your execution broker is preferred because...? If I'm too nosey, just ignore me. I won't take offence.
I have two Brokers I trade with .....one offered a Bonus to join and the other has very low spreads and is a spreadbetting company.
.... laughing all the way to the bank
  • #20
  • Last Post: Nov 30, 2014 9:12pm Nov 30, 2014 9:12pm
Quoting itsallover
{quote} I have two Brokers I trade with .....one offered a Bonus to join and the other has very low spreads and is as spreadbetting company.

Aah... ok! Understood!

Odd way of doing things, but I'm known for doing odd probably-not-that-economical things myself.

Glad things are working out for you in this case.

Cheers!
I'm not trying to convince anyone. I'm not in the "convincing" business.
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