Not enough money mt4
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Ordersend error 134 (no enough money)
Sometimes, especially during backtesting or in case of a badly designed expert advisor, the ordersend error 134 (or ERR_NOT_ENOUGH_MONEY) appears in the journal log of your metatrader platform. In MT5 this error is called TRADE_RETCODE_NO_MONEY and has a code 10019. The reason for this error is the same for both versions of the platform — lack of free margin to execute the ordersend function for the given position volume. The methods to solve this error are quite different (we won’t discuss the method, which is to deposit more funds to your trading account).
In metatrader 4, you have to code your EA to perform the following check before executing ordersend():
If (accountfreemargincheck(symbol(), direction, volume) > 0)
It will check how much free margin will be available after opening a position with the volume = volume in a given direction = direction. But comparing it with 0 isn’t a very good solution. One should pay attention to the broker’s level to consider the margin requirements:
If (((accountstopoutmode() == 1) && (accountfreemargincheck(symbol(), direction, volume) > accountstopoutlevel())) || ((accountstopoutmode() == 0) && ((accountequity() / (accountequity() - accountfreemargincheck(symbol(), direction, volume)) * 100) > accountstopoutlevel())))
This way we check the way your broker applies (absolute or relative level) and check if we’ll have enough margin after our next trade.
For metatrader 5 this condition would look like this (replace SYMBOL_MARGIN_LONG with SYMBOL_MARGIN_SHORT if you want to check margin before opening a short position):
If (((accountinfointeger(ACCOUNT_MARGIN_SO_MODE) == ACCOUNT_STOPOUT_MODE_MONEY) && (accountinfodouble(ACCOUNT_FREEMARGIN) - symbolinfodouble(symbol(), SYMBOL_MARGIN_INITIAL) * lots * symbolinfodouble(symbol(), SYMBOL_MARGIN_LONG) > accountinfodouble(ACCOUNT_MARGIN_SO_SO))) || ((accountinfointeger(ACCOUNT_MARGIN_SO_MODE) == ACCOUNT_STOPOUT_MODE_PERCENT) && ((accountinfodouble(ACCOUNT_EQUITY)/(accountinfodouble(ACCOUNT_EQUITY) - (accountinfodouble(ACCOUNT_FREEMARGIN) - symbolinfodouble(symbol(), SYMBOL_MARGIN_INITIAL) * lots * symbolinfodouble(symbol(), SYMBOL_MARGIN_LONG))) * 100 > accountinfodouble(ACCOUNT_MARGIN_SO_SO))))
It is quite complex compared to the MT4 version but it checks the same condition.
Registering with a forex broker that offers a lower level is also a good option :-).
Update 2016-11-01: thanks to alexander wait’s comment, I have corrected the formulas for account margin check.
If you have any thoughts, comments, or questions regarding metatrader ordersend error 134 or return code 10019 in MT5 and the ways to treat it, feel free to reply to this post using the form below.
Question: what does “not enough money” error mean on MT4/MT5 platforms?
XM - what's now?
Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.
The “not enough money” error indicates that you’re trying to place a new trade without having enough money to cover the margin requirement, ie the free margin is less than the required margin for the new trade.
You have your own leverage setting in your trading account, and you will be required certain margin to support your open positions.
For example, if you want to trade 100,000 dollars of trading volume, and the leverage you have set is 1:100. Then you will be required to have more than 1,000 dollars to open the position.
The required margins, margin levels and available margins for new positions are always visible in metatrader.
It is a smart choice to have enough margins to support all your existing positions in any cases, so you won’t have to face “stop out”(liquidation) that could zero your account balance in a moment.
For your information, XM’s stop out % is 20% for all accounts types, and the maximum leverage available is 1:888.
For more information on XM’s service, please visit the page here.
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Error 134 : not enough money
I'm new to metatrader so please excuse me to be such a noob.
I've been running a lot of backtests with different EA and even though I always have money in my balance, I keep getting the message error 134 : not enough money with all the EA. Some trades are made but not all the orders are lauched. Is this normal ?
This is weird because there are other people testing the same EA than me who don't get this error.
I have a metatrader demo account with $10,000 and 10:1 leverage.
I'm new to metatrader so please excuse me to be such a noob.
I've been running a lot of backtests with different EA and even though I always have money in my balance, I keep getting the message error 134 : not enough money with all the EA. Some trades are made but not all the orders are lauched. Is this normal ?
This is weird because there are other people testing the same EA than me who don't get this error.
I have a metatrader demo account with $10,000 and 10:1 leverage.
Simple math 10:1 leverage x $10,000 = $100,000. That is how much leveraged money you have available to 'use'. When you choose a number for "volume" when you set up a trade you will not be able to choose more than the number "1" because that "1" represents 1 (one) standard forex trading lot which is equal to $100,000. You would need to use no more than 10 x .1 size lots. I don't think you can "add" funds to a demo account nor change your leverage, (at least I can't find a way to do it) you can open another demo account and choose a larger amount to start with next time and/or up your leverage or, at your current acct size and leverage you can try trading .1 size lots - you should be able to have 10 trades worth .1 lot open simultaneously providing you don't exceed the margin. I hope this helps.
Ordersend error 134 – err_not_enough_money
If you’re getting the metatrader four error: order ship error 134, it means you do not need sufficient money in your account to put an order with the given lot dimension. What do you have to do?
Order ship error 134 tends to occur rather a lot when individuals code expert advisors with a money management fashion that will increase lot sizes similar to martingale. Ultimately, the lot dimension will get too huge and also you do not need a sufficient margin to put the trade. This could additionally occur over time in case your account balance will get too low or if you choose too giant of rather a lot dimension.
The error happens while you attempt to place the trade, thus it’s an “order ship error”. To forestall this error you possibly can verify your account free margin earlier than trying to put a trade. To do that you’ll use the perform, accountfreemargincheck():
Double accountfreemargincheck(string image, int cmd, double quantity)
Returns out there margin that is still after the required place has been opened on the present price on the present account. If the free margin is inadequate, an error 134 (ERR_NOT_ENOUGH_MONEY) might be generated.
Parameters:
Image – image for trading operation.
Cmd – operation kind. It may be both OP_BUY or OP_SELL.
One other perform you should use to search out the remaining margin is:
Double accountfreemargin( )
This returns the free margin worth of the present account.
The next instance prints out the free margin in your account:
Print(“free margin is = “,accountfreemargin());
History base: not enough memory
I've imported three currency histories to MT4 that date from 2001.01.01 to present. Since then, my computer has slowed down and my demo account has been prone to problems the most recent of which being "history base not enough memory" messages. Is there a quick fix to this problem? For instance, since this all began with the importing of the three histories to MT4 and I really only need to test one history at a time, could either removing two of the histories from MT4 or deleting them from my computer aleviate these problems?
Thank you for your reply but so far I don't know what it means.
How are the bars to be limited in chart and history and what does it achieve?
And does your suggestion imply that removing two of the histories wouldn't be a solution?
Untrue, had this problem on my laptop with 2GB ram. Loaded EURUSD 1m data from 1.1.2001 and suddenly the whole thing went to shambles, response time in seconds, 50-60% cpu utilization, 50% being metatrader. Didn't know what was going on (I had no eas or indicators, only 1 chart with the chart data) until I set the bars in chart to something low and nice as I stated above. Bars in history is wrttien on disk and doesnt do anything here, but bars in chart does.
Computer turned to normal then. (was using core2 duo hp workstation with 2gb of ram on windows 7. I never had this problem on my desktop computer.
EDIT: umm i think you may have been answering a different question when you said that they don't have anything to do with ram problem (the one whether removing histories would improve the performace). To clarify that one, it would, but indirectly as your charts would not be filled with that much data. You can keep your histories and just set the bars in chart to a lower value.
Untrue, had this problem on my laptop with 2GB ram. Loaded EURUSD 1m data from 1.1.2001 and suddenly the whole thing went to shambles, response time in seconds, 50-60% cpu utilization, 50% being metatrader. Didn't know what was going on (I had no eas or indicators, only 1 chart with the chart data) until I set the bars in chart to something low and nice as I stated above. Bars in history is wrttien on disk and doesnt do anything here, but bars in chart does.
Computer turned to normal then. (was using core2 duo hp workstation with 2gb of ram on windows 7. I never had this problem on my desktop computer.
EDIT: umm i think you may have been answering a different question when you said that they don't have anything to do with ram problem (the one whether removing histories would improve the performace). To clarify that one, it would, but indirectly as your charts would not be filled with that much data. You can keep your histories and just set the bars in chart to a lower value.
Untrue, had this problem on my laptop with 2GB ram. Loaded EURUSD 1m data from 1.1.2001 and suddenly the whole thing went to shambles, response time in seconds, 50-60% cpu utilization, 50% being metatrader. Didn't know what was going on (I had no eas or indicators, only 1 chart with the chart data) until I set the bars in chart to something low and nice as I stated above. Bars in history is wrttien on disk and doesnt do anything here, but bars in chart does.
Computer turned to normal then. (was using core2 duo hp workstation with 2gb of ram on windows 7. I never had this problem on my desktop computer.
EDIT: umm i think you may have been answering a different question when you said that they don't have anything to do with ram problem (the one whether removing histories would improve the performace). To clarify that one, it would, but indirectly as your charts would not be filled with that much data. You can keep your histories and just set the bars in chart to a lower value.
Expert advisor error message codes on chart
All expert advisors created by EA coder display a special error message code on MT4 charts when an error occurs during the open, close or modification phase of an order. If you see a message like ‘oe131’ on your chart when a new trade was supposed to be opened, you’ll know that an error has occurred.
Types of error message codes
Error message codes always start with two letters followed by an error code number. The error codes I use are the same as those used in the MQL4 programming language and are explained in detail on the MQL4 documentation page.
Error codes may start with oe, me or ce.
Oe stands for “open error“, me stands for “modify error“, and ce stands for “close error“.
When an error occurs during trade open
Take our previous example oe131. Now we know that it indicates an error during a trade open, with the code 131. If you look at the full list of error code descriptions, this one means “invalid trade volume”, which alerts us to check the money management settings that we have set for the expert advisor. This kind of error appears when a lot size is zero, if it is too small or if it is too big, because all brokers have lot size limitations. Some do not allow the lot size to be smaller than 0.1 while others allow lot sizes as low as 0.01. This varies among different brokers and different account types.
Usually expert advisors from EA coder fix the lot size according to the broker limitations, but exceptions may apply because not all brokers report the correct limitation values for the eas. An example of this is a broker reporting the minimum allowed lot size to be 0.01 while in reality it is actually 0.1. In a case like this, if you to set the EA to use a lot size somewhere between 0.01 and 0.09 it will fail to place orders as it won’t be able to fix the lot size because of it being reported incorrectly. Then you will get the oe131 error message printed on the chart.
Another example would be to get the oe133 error. This stands as “trade is disabled” and it means that the broker does not allow to trade that pair. If this error appears even when customer tries to open trade manually on the same chart, then MT4 EA should be attached to a similar pair with the suffix. For example if you get this error on EURUSD, please look for pair name like EURUSDm or EURUSDFXF.
If you are able to open trades manually on the same pair it could be that your broker does not allow to use trading robots (EA’s) on that pair or account. Contact them for more info.
Common trade open errors:
- 128 – trade timeout.
- 129 – invalid price.
- 130 – invalid stops.
- 131 – invalid trade volume.
- 133 – trade is disabled.
- 134 – not enough money.
- 146 – trade context is busy.
When an error occurs during order modification
Let’s take a look at another common error that you may receive. It would be printed on your chart as me130 which stands for “modify error 130” and means “invalid stops”. This tells us that the stop loss and/or take profit values are incorrect or too close to the current market price. The minimum distance between the market and stop prices are called stoplevel limitation; this value simply tells the EA what size in pips the limitation is. On 5 digit brokers this is reported as points and must be converted to pips. However that is something the user don’t need to worry about, because EA coder expert advisors handle these things automatically. But if you get a me130 error, be sure to check the TP and SL values that you’re using.
Common trade modification errors:
When an error occurs during trade close
You may get a ce146 error when EA tries to close an order. This indicates that a “close error” occurred whose code is 146. This means “trading context busy” and it is very common error, specially on older MT4 terminals when you have multiple expert advisors attached. EA coder robots have an intelligent error handling mechanism built in and will do their best to avoid “trading context busy” errors even if you have multiple robots operating on your account. But in case you get one of these errors, just try to minimize the number of eas running on the same account or set them to avoid performing trading operations at the same time if that’s possible with your EA.
Common trade close errors:
Delaying of trading operations
EA may need to delay a trading operation to avoid disrupting the MQL programming rules when an error occurs. It will retry the same trading operation if required and will have to wait somewhere between 1 to 5 seconds between each attempt. These are very logical rules of metatrader programming and EA coder trading robots obey them. See full list of execution errors.
In case there is a delay in performing a trading operation (whether it is opening, modifying or closing a trade) EA will print a small clock picture on the chart. This indicates that there was some kind of error and EA had to delay its operation for a few seconds to obey the rules and not overload the brokers’ servers.
Experts tab in MT4 terminal
When any error occurs, the EA will print a more detailed error message in the experts tab at the bottom of the MT4 terminal. You can switch to that tab any time and scroll down to see a complete list of errors, warnings and informational messages. These can help to solve a range of problems quickly even if you don’t have a lot of experience in using the MT4 platform and expert advisors or custom indicators.
Opening the log files folder directly from an MT4 terminal
When you’re viewing the experts tab you can click the right mouse button anywhere in that area and choose “open”. This will open the log files folder for you. This folder contains files with the same messages that you see in the experts tab, but from here you can access messages from previous days and weeks. Also, messages in the log files are presented in their full format and are not trimmed like some of the messages shown in the experts tab when they are too long.
Reporting an error to EA coder
When you need to report an error to EA coder, please describe the problem you are having in detail, include the trade numbers that you are having problems with, and make sure you attach any necessary files. It is very important that you send the log files from your \MT4-folder\experts\logs\ so that I’m able to investigate an error. Also please include screen shots of the chart where EA is running and if possible make sure that the problem is visible in the picture. This will help us provide you with more useful support.
You might notice that your log files folder is empty or doesn’t have any recent log files (the file names indicate the date they were created). In this case please carry out the steps described above which detail how to open the log files folder directly from the experts tab at the bottom of your MT4 terminal.
Before you report a problem or request support for learning how an EA feature works, please refer to the instructional manual. This may help you solve your problem faster and you will also learn how to use the application better.
Order labeling during EA backtest
Our expert advisors have a special order labeling mechanism built in. It is activated when you run EA in the strategy tester of your MT4 and it will create label numbers for each order that is placed during a backtest. This helps to track your trades easily as you will see the order numbers above each trade on the chart.
Mt4 not enough money
Then x accountequity 100 accountstopoutlevel is incorrect. For your information xms stop out is 20 for all accounts types and the.
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Do not risk any money you cannot afford to lose.
You may have to register before you can post. In technical analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement. So obviously while ive allowed autotrading and allowing dll imports and the expert advisor is running with a smiley face but it does not give any alerts when. The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern. There are 42 recognised patterns that can be split into simple and complex patterns.
Candlestick pattern reliability. If this is your first visit be sure to check out the faq by clicking the link above. Not all candlestick patterns work equally well. Their huge popularity has lowered reliability because they've been deconstructed by hedge funds and their algorithms. These well-funded players rely on lightning-speed execution to trade against retail investors and traditional fund managers who execute technical analysis strategies found in popular texts. In other words, hedge fund managers use software to trap participants looking for high-odds bullish or bearish outcomes. However, reliable patterns continue to appear, allowing for short- and long-term profit opportunities.
A mt4 not enough money trader on chart is a metatrader 4 plugin, and it comes as an expert advisor. You can attach it on up to 100 MT4 charts of any instrument or timeframe. Runtime errors codes of errors and warnings constants enumerations and structures mql4 reference. But with trader on chart, you can trade easily right from the MT4 chart. That's because trader on chart allows you to preset your trade details like lot size, stop loss, take profit, breakeven point, trailing stop, etc.
Mt4 not enough money. Enough money but the mt4 said not enough money. It is intended for educational purposes only and not as individual investment advice. If you see that there is not enough money to open a new position you can close some of your existing positions or deposit additional funds to your trading account.
That is your decision. It is a smart choice to have enough margins to support all your existing positions in any cases so you wont have to face stop outliquidation that could zero your account balance in a moment. Trading requires risking money in pursuit of future gain.
If you are getting the metatrader 4 error. So obviously my mt4 is not connected to my trading broker. This simply means not enough money.
No enough money. Please check from traders calculator to the amount of margin is required for a particular trading instrument and calculate the standard or hedged margin for all of your open positions. Following formula for mt4 is actually not quite right.
Let x accountfreemarginchecksymbol direction volume. First hand forex trading experience and information about foreign exchange market that will be useful to traders. The required margins margin levels and available margins for new positions are always visible in metatrader.
This document does not take into account your own individual financial and personal circumstances. To start viewing messages select the forum that you want to visit from the selection below. Ordersend error 134 it means you do not have enough money in your account to place an order with the given lot size.
Click the register link above to proceed. I take price data from a different broker and trade with a different broker.
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Proven ways to fix expert advisor problems on metatrader 4
Why am I getting the error ‘not enough money’ when trying to open trades on my MT4 account?
If ‘not enough money’ massage pop up it means that there is not enough money to cover the margin requirement on the account, you will need to fund your account or close some/all open trades if any to free up margin.
To be able to open a position the free margin should be enough to cover the margin requirements, and the MT4 does not allow opening positions that would bring your margin level to 100% or less.
Please refer to the calculations below:
- Free margin = equity – held margin
- Margin requirement (FX) = (contract size * lots) /leverage * (conversion from base currency to USD)
- Margin requirement (CFD) = contract size * lots * price * margin percentage
* to find out the margin percentage for a symbol go to:
Market watch > symbol wanted > right click > symbol specification > margin percentage
Example 1: client’s free margin = $250 and wishes to open 1 lot EURUSD at 1.12320 and the account leverage is 500
- 1 lot EURUSD margin = (1 * 100,000) / 500 * 1.12320 ) =
200 EUR * 1.12320 (EURUSD conversion rate) = $224.64
The clients free margin ($250) > required margin ($224.64) which will allow the deal to be opened/placed
Example 2: client’s free margin = $12 and wishes to open 0.05 lots GBPUSD at 1.32030 while the account leverage is 500
- 5 lot GBPUSD margin = (0.05 * 100,000) / 500 * 1.32030 ) =
10 GBP * 1.32030 (GBPUSD conversion rate) = $13.20
The client’s free margin ($12) the client will receive “not enough money” error
Example 3: the client’s free margin = $1050 and wishes to open 10 lots us30roll at 27500, the margin percentage is 0.5%
- 10 lots us30roll margin = 1 * 10 * 27,500 *0.5% = $1,375.00
The client’s free margin ($1050) > required margin ($1,375.00 ) which will not allow the deal to be opened/placed and the client will receive “not enough money” error.
How to fix metatrader 4 off quotes error?
Off quotes in MT4
“off quotes” are one of the most common errors on metatrader 4 and metatrader 5 platforms.
What does “off quotes” mean on MT4?
“off quotes” is the MT4/MT5 error message and means no price is available in the metatrader platform. This error can appear in metatrader in two scenarios: if there is a break in connectivity with the platform or the best price for the pair you’re trading is not within your “maximum deviation” range you have set.
In the video below, see how to fix the “off quotes” in MT4 error:
Error description:
error name: ERR_OFF_QUOTES
error value: 136
description: off quotes.
Scenario 1: connectivity problem.
“off quotes” in the MT4 platform usually indicate a break in internet connectivity and resulting in no current prices is available. In this case, your internet connection is slow, or your firewall blocks metatrader. In that case, the platform has a problem with the connection, and we can see “off quotes” in the MT4 error description. In this case, read the article how to fix MT4 common error?
Scenario 2: off quotes MT4 volatility problem
this is the most common problem. There is some volatility in the market. Price every second goes up or down and change very fast. The best price is outside of the maximum deviation range you have set for the order. The maximum deviation setting allows you to control slippage by setting a maximum deviation of pips from the order price submitted that you are willing to be filled. Still, if you are trading during volatile market conditions, then a tight maximum deviation could cause your order to be rejected based on fast market movement.
Off quotes, the MT4 volatility problem can be solved in two ways. During the volatile markets, a trader can avoid trading, or the trader can use the “enable maximum deviation from quoted price” option in MT4.
When you have 4 digits broker, usually there is no error. But when we have 5 digits broker, we need to solve this problem.
If you have 5 digits broker, just set in “enable maximum deviation from quoted price” value 30. A max deviation set to 30 is actually only 3 pips.
Conclusion:
off quotes, MT4 error can be solved very easily. Either you will fix the internet connection or define a bigger maximum deviation from the quoted price.
So, let's see, what we have: forex blog first-hand forex trading experience and information about foreign exchange market that will be useful to traders archives ordersend error 134 (no enough money) sometimes, at not enough money mt4
Contents of the article
- Actual forex bonuses
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- Ordersend error 134 (no enough money)
- Question: what does “not enough money” error mean...
- XM - what's now?
- Post tags
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- Hercules.Finance
- Error 134 : not enough money
- Ordersend error 134 – err_not_enough_money
- History base: not enough memory
- Expert advisor error message codes on chart
- Types of error message codes
- When an error occurs during trade open
- When an error occurs during order modification
- When an error occurs during trade close
- Delaying of trading operations
- Experts tab in MT4 terminal
- Opening the log files folder directly from an MT4...
- Reporting an error to EA coder
- Order labeling during EA backtest
- Mt4 not enough money
- Why am I getting the error ‘not enough money’...
- How to fix metatrader 4 off quotes error?
- Off quotes in MT4
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