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Important Changes to EA
ODL MT4 moves to decimal pricing
Instant MetaTrader 4 platforms typically quote forex pairs in pips, which means 4 decimal places on most pairs and 2 on JPY-based pairs. STP MetaTrader 4 quotes pairs to the tenth of a pip, which adds a decimal place. Trailing Stops in MetaTrader 4 are measured in "points," not pips. Thus a 15 point trailing stop on Instant MetaTrader 4 must be entered as a 150 point trailing stop on a STP MetaTrader 4 to get the same 15 pip trailing stop results.
How does it affect my EA?
Why isn't my Expert Advisor working on ODL MetaTrader 4 ?
There could be a few reasons why your EA is not working :
- Some expert advisors require some minimum amount of history in the chart and there is not enough history in the chart. Please make sure that the chart you are trying to use the EA on has enough history. We are trying to supervise all charts for all symbols but unfortunately there are hundreds of symbols on our server and each has 8-9 charts ... If you find an inaccurate chart or a chart with less then usual history available please report it to our support and we will solve it ASAP.
- ODL's symbols are 5 decimals and not 4 decimals so that might also create a problem for some Expert Advisors. Please adjust your EA to accept and process the pricing to the decimal point.
Consequences for Expert Advisors
Why isn't my Expert Advisor working in your STP MetaTrader 4?
There could be a few reasons why your EA is not working :
- The expert advisor is programmed to check if the symbol and chart it is attached to is EURGBP M15 (for example). Given our symbol name has an extension like EURGBPfx or EURGBPfxr it will not accept to trade on it. The Expert Advisor has to be modified to look for this symbol or not to check for the symbol.
- Some Expert Advisors require some minimum amount of history in the chart and there is not enough history in the chart. Please make sure that the chart you are trying to use the EA on has enough history. We are trying to supervise all charts for all symbols but unfortunately there are hundreds of symbols on our server and each has 8-9 charts ... If you find an inaccurate chart or a chart with less then usual history available please report it to our support and we will solve it ASAP.
- Most Expert Advisor are written to trade on Instant Symbols. Our Symbols are Market Symbols. Please read above about how to modify an EA to work with Market Symbols.
- Some Expert Advisors use Partial Closes in MetaTrader 4. Our STP bridge doesn't support Partial Closes. All partial closes will be rejected. Please modify your Expert Advisor either to enter multiple positions and do full closes on each of them for example to solve this limitation.
- And last but not least our symbols are 5 decimals and not 4 decimals so that might also create a problem for some Expert Advisors.