Monitoring Agent MetaTrader 4

Monitoring Agent MetaTrader 4
45 Downloads

Quant Monitor is an agent designed for external monitoring of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It ensures that traders have real-time insights into the status of their trading platforms and strategies. By actively tracking the platforms, Quant Monitor can help prevent unexpected losses and non-standard behavior, such as server disconnections, delays in order execution, or errors in automated trading scripts.

Example Scenarios:

  1. Server Disconnections: If the MT4/MT5 server goes down or loses connection, trades might not execute at the desired times, leading to missed opportunities or unintended positions. Quant Monitor alerts the trader to take action before any serious losses occur.
  2. Order Execution Delays: In high-frequency trading, even slight delays can result in significant losses. Quant Monitor detects such delays and informs the user, allowing them to adjust strategies or check their broker’s performance.
  3. Script Errors or Freezes: Automated trading scripts (Expert Advisors) may malfunction or freeze. Quant Monitor detects these issues in real-time, giving traders the chance to troubleshoot and minimize risks.
  4. Missing SL or PT: Unexpected changes in non-standard behavior of strategy can dramatically affect profitability. Quant Monitor tracks these variables and alerts the user if they exceed predefined thresholds, protecting the trading strategy’s integrity.

By using Quant Monitor, traders gain an extra layer of security, ensuring that their trading platforms function smoothly and preventing unplanned losses caused by system malfunctions or market anomalies.

Size: 0.6 MB
Version: 1.7