Tuesday, 21 May 2013

Handling OrderSend Error 131 in MetaTrader 4


July 10th, 2008
OrderSend Error 131 is a very popular problem that is usually encountered when testing MT4 expert advisors. What causes this error? It’s called ERR_INVALID_TRADE_VOLUME in the MT4 code. That means that your expert advisor is trying to send an order with invalid trade volume. On the absolute majority of the MT4 brokers setting some EA to open an order 0.123 lots will generate this error. But sometimes it’s generated when the EA, created for mini or micro accounts, is used on the standard account. If you stumble on OrderSend Error 131 during your testing, you can quickly find out the wrong settings of your EA — find the standard init() function inside your EA’s code and insert these lines of code there:

Print(MarketInfo(Symbol(), MODE_LOTSIZE));
Print(MarketInfo(Symbol(), MODE_MINLOT));
Print(MarketInfo(Symbol(), MODE_LOTSTEP));
Print(MarketInfo(Symbol(), MODE_MAXLOT));

The first line will give you the information regarding how many units one lot holds when you trade in this account (100000 would mean a standard-sized lot). Remember, that in your expert advisor’s log this line will be first starting from down to up, not vice versa. The second line will tell you the minimum amount of lots you can trade (this is the most usual error; you’ll probably just need to fix the amount of lots your EA trades from 0.1 to 1). The third one will give the minimum step for the trade volume in lots. The fourth line will tell you the maximum amount of lots that your EA can trade.
For example, demo account at FXOpen generates this info when I insert those lines into the code:

2008.07.10 15:13:37 MACD Sample EURUSD, H1: 10000
2008.07.10 15:13:37 MACD Sample EURUSD, H1: 0.01
2008.07.10 15:13:37 MACD Sample EURUSD, H1: 0.01
2008.07.10 15:13:37 MACD Sample EURUSD, H1: 100000

That means that 1 lot is 100,000 units (a standard size), minimum trade volume is 0.01 lot (so, one can trade starting from $10 on 1 position in a dollar-based currency pair), minimum trade volume step is also 0.01 lot (one can trade 0.33, 0.4 or 1.25 lot volumes, but can’t send orders with 0.333 lot size) and the maximum volume one can use to open a position is 10,000 lots.
You can incorporate the MarketInfo() function at a more complex level into your EA, so it could automatically check the allowed values and correct its settings. But if you don’t want to code much, you can just use the code above to find out the right values and correct the settings manually.

5 Responses to “Handling OrderSend Error 131 in MetaTrader 4”

  1. chief2000
    This is some Enhancement:
    // ===============================================
    Print(“MODE_LOTSIZE = “, MarketInfo(Symbol(),MODE_LOTSIZE), “, Symbol = “, Symbol());
    Print(“MODE_MINLOT = “, MarketInfo(Symbol(),MODE_MINLOT), “, Symbol = “, Symbol());
    Print(“MODE_LOTSTEP = “, MarketInfo(Symbol(),MODE_LOTSTEP), “, Symbol = “, Symbol());
    Print(“MODE_MAXLOT = “, MarketInfo(Symbol(),MODE_MAXLOT), “, Symbol = “, Symbol());
    // ===============================================
    Reply
    Ogün POLAt Reply:

    Thanks for your help.But ı have used this code and i learned max lot size is 30.
    How can i increase max lot size.
    Yours sincerely.
    Reply
    admin Reply:

    Only your broker can increase your allowed max lot size. You may try contacting their support service about that but I am not sure that they will increase it. Do you really have to open such big positions?
    Reply
  2. Chad
    “You can incorporate the MarketInfo() function at a more complex level into your EA, so it could automatically check the allowed values and correct its settings”
    Please what is the code. I need it but I am not a coder. Grateful. Chad
    Reply
  3. Andrei
    Chad, If you aren’t coder it’d be better for you to use the solution proposed in this post. Integration of MarketInfo() into code for automatic adjustments is different in each case and I won’t be able to help you here. More than that, you don’t really need it if you aren’t a professional coder.

No comments:

Post a Comment