MT4 Quotes Checker Plugin
$399.00
Most online brokers use Internet lines to connect with feeder services, LPs and markets. Delayed feeds are very common when normal Internet lines are used specially while important news related to that instrument are being released. Frozen prices may be observed due to many other reasons including problems in the price source and Internet/Network routing issues. In some execution modes such as Instant Execution mode however, MT4 may fill an order received from client terminals with the last received price that may be expired. Such delayed/expired prices can result in serious issues and negatively affect profits of both the traders and the brokers whether using an ECN model or Market Making.
Description
Most online brokers use Internet lines to connect with feeder services, LPs and markets. Delayed feeds are very common when normal Internet lines are used specially while important news related to that instrument are being released. Frozen prices may be observed due to many other reasons including problems in the price source and Internet/Network routing issues. In some execution modes such as Instant Execution mode however, MT4 may fill an order received from client terminals with the last received price that may be expired. Such delayed/expired prices can result in serious issues and negatively affect profits of both the traders and the brokers whether using an ECN model or Market Making.
How to avoid delayed feed (Bid/Ask) and frozen prices in Meta Trader 4?
This MT4 plugin controls this very well-known common issue and halts the execution of an order on a specific symbol and prevents such problems. The amount of time that should pass the last received price quote in the system to consider it as delayed/frozen price can easily be defined and changed by the user.
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