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Thread: Broker allow lot 50.00, will MT4 EA split an order?

  1. #1

    Default Broker allow lot 50.00, will MT4 EA split an order?

    just wondering folks, many systems ratchet up the lot size with a multiplier etc., but when it comes time to execute on a live account, will MT4 split an order to satisfy a broker who only allows a 50 lot max order size?

    ie, if your MT4 EA wants to place an order for 73 lots, will it know to send in 50 and 23 lot orders? If not, how do you guys get around this? Any code out there for EAs to rectify this?

    SP

  2. #2
    Administrator funyoo's Avatar
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    Quote Originally Posted by sleepypipsCDN View Post
    just wondering folks, many systems ratchet up the lot size with a multiplier etc., but when it comes time to execute on a live account, will MT4 split an order to satisfy a broker who only allows a 50 lot max order size?

    ie, if your MT4 EA wants to place an order for 73 lots, will it know to send in 50 and 23 lot orders? If not, how do you guys get around this? Any code out there for EAs to rectify this?

    SP
    Hi sleepypipsCDN,

    You will only get an error code 131.

    You have to multiply the number of orders to open at the signal with lower lots.

  3. #3

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    Quote Originally Posted by funyoo View Post
    Hi sleepypipsCDN,

    You will only get an error code 131.

    You have to multiply the number of orders to open at the signal with lower lots.
    I think he's asking how to code the multiple orders part, which I'm also curious to know.

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