Quote Flow Monitoring

Many MetaTrader 4 brokerages are having problems because they are unable to find out when quotes are not flowing anymore on a symbol. In this case ill-intended traders take advantage of a frozen feed with old quotes to place trade of-market which will be 100% winners.

To prevent this unpleasant situation Boston Technologies developed and is offering for free an Expert Advisor that anybody can run in their MetaTrader 4 Client Terminal.

This Expert Advisor is detecting a stuck or frozen quote feed and will inform the user with a visual and a sound alarm that quotes were not received on a given symbol for more then a number of seconds that can be configured.

Installation

  1. Please DOWNLOAD the file for free : quotes_flow__monitor2.ex4
  2. Please copy or download the file in the experts directory of your MetaTrader 4 client terminal. This directory changes with the white label client terminal you have. For example for the default version downloaded from the MetaQuotes website : c:/Program Files/MetaTrade4/Experts/
    For the FXDD white label in : C:\Program Files\FXDD - MetaTrader 4
  3. Then open the client terminal (or restart it if it was open).
  4. Make sure that the Enable Expert Advisor button is pushed in :
  5. Then open the Navigator window (if closed go to View , chose Navigator, or pushed CTRL+N)
  6. In the Navigator Window, under Expert Advisors, in alphabetical order, you will find the program called quotes_flow_monitor2:
  7. Drag and drop the quotes_flow_monitor2 on an open chart that has moving quotes. If you don't have any, open one. If no quotes are flowing that is a sign that you have a quote flow problem and you don't need this EA.

HOW TO USE IT

  1. Once dragged the following window will appear:
  2. In Inputs :
    alarmtime: number of seconds after which a frozen flow alarm will sound. It is the same time for all the symbols below. If no quotes appears for a symbols in the list for more then , in this case, 60 seconds, a visual and a sounds alarm will sound.
    symbol1,symbol2...symbol6: list of symbols to be monitored. Make sure that these symbols exist.
  3. In common use the following configuration:
  4. This window will appear:

    If you want to receive alerts by email go to Tools menu. Choose Options, and setup an Email configuration and test it.
    Testing it is very important to make sure it was setup right.
    Click on OK in all cases. If you didn't configure it you will NOT receive email alerts but it will still work fine. If you DID configure it you will receive alerts if the emails do not go to the SPAM box.
  5. Then monitoring is going on ( go to the Experts tab to verify the functioning:
  6. If a feed is stuck the following alarm window will open AND a sounds will ring:

    Click on OK to stop the alarm for now.
  7. Any feedback is highly appreciated

F.A.Q.

Will you offer support for this quote flow monitoring EA?
No, we do not offer support for free products.
Can you modify this monitoring EA ?
Yes, of course. If you would need it modified and adapted to your needs please contact us with your request and we can modify it to your needs for a cost.
How much will it cost to modify this EA?
We will charge a minimum of 250$ for any modification. Therefore we strongly encourage our partners to use the free version. However if you really need modifications our prices are reasonable.
Can you write for us ANY EAs ?
Yes, please contact us and we will provide you with a EA questionnaire to fill in for your demand.
Will you release the source code for this EA ?
No. Please us it as is.
Is this EA guaranteed to work 100% of the time ?
No, nothing is guaranteed 100% of the time. However in all our tests this EA worked very well and we think it will help most of our customers with their support needs.
Why are you giving away this EA for free ?
Because we believe in long lasting relationships, happy customers and we are not interested in making money on our customers back with selling them small simple programs that are really simple to make. Enjoy and Merry Christmas in advance!