if you are opening accounts with different brokers but yet have the same issue... can't place a pending order
BUT YOU CAN PLACE A MARKET EXECUTION ORDER
well, it's not that market is closed, because , if it was, you wouldn't be able to place the market order either.
IT'S A SETTING IN MT-4
now. we can do 2 things here
- we can troubleshoot the setting
- Have you tried re installing MT-4 to see what happens
Let's start like this
i don't have this problem
and here are my settings
MAKE SURE YOUR SETTINGS ARE THE SAME
IN MT-4 GO TO .............
now if all of the above are the same on your end as well.
you have to understand this as well
Just like ... if you go into a Market order and you open a BUY ORDER at the price of 1.12345
you can't then edit it and place a TAKE PROFIT at 1.12300
it will get greyed out, because it's upside down
the same applies to pending orders
if you open a pending order and select the wrong one and then put in a weird entry price, or Stop loss or Take profit, it won't let you excecute the order
have a read of this
also read this
also , when placing a pending order
- CHECK THE INSTRUMENT
- ENSURE THE MARKET IS OPEN FOR THAT INSTRUMENT
- CHECK THE LOT SIZE
- ENSURE THAT THE LOT SIZE IS A PERMISSABLE LOT SIZE... Example...
if you are trading US2000 for example, and you just came off a EURUSD chart,
on EURUSD you can put a lot size of 0.01 but you cannot do that on US2000 even though MT-4 remembers the last lot size you put in
so.. since this is not in the contract specifications, it will not allow you to place the order
also have you tried asking your broker what the problem is.
i highly doubt there is a restriction on their end regardless of the multiple brokers you use
i would say this is a local problem with MT-4 or User Error
but the broker would help you figure it out
have you tried live chat with the broker ?
also check if you have any Trade Managers going in the background that are stopping you from taking control over manual trades
let me know if this helps