Showing posts with label forextrading. Show all posts
Showing posts with label forextrading. Show all posts

Thursday, July 24, 2008

Errors In The MetaTrader 4 | SigmaForex

Strange and unbelievable!

Meta Trader 4 has the option that you can enter more than type of account for different brokers through the same platform.

For Example If you installed SigmaForex Platform, you will find in your drive C: / the following Pass: [C:\Program Files\MetaTrader – SigmaForex]

If you installed another Meta Trader 4 for another broker a conflict can be occurred because 2 Meta Trader 4 but for different Brokers.

Let's continue our example with another broker like FXCM or Interbankfx or Swiss Global Broker. All of them are using Meta Trader 4 as trading station. Let's Install FXCM Software.

You will find this pass in your Drive C: / [C:\Program Files\FXCM Trader 4]

N.B: Some Versions of windows copy the same folders while installing the same version of the software

That you may find FXCM installed inside SigmaForex & this one from the disadvantage in Meta Trader 4 & Meta Quote published this issue in their FAQs to be available for Traders to solve the issue.

The Solution is to open the platform that you are using e.g.: SigmaForex. Then Open a folder called Config. [C:\Program Files\MetaTrader - SigmaForex\config]

You have to erase All SRV files for other brokers & just leave SigmaForex-Demo.svr and SigmaForex-live.svr

And here's the post of the Meta quote from their website:

"Client terminal allows you to connect to any MetaTrader 4 Server. If you connected to another company's server from your client terminal, the parameters of that connection were stored in a special configuration SRV file in the "\MetaTrader 4\config\" folder of the client terminal.

To remove foreign servers from the server list of your client terminal, just go to the "\MetaTrader 4\config\" folder of the client terminal and delete the unnecessary SRV files.

MetaTrader4 Creats Conflict between SigmaForex and InterBank FX

Confusions seem to be endless with technical programs. As a result of using MetaTrader4 program, many intersections between different platforms occur.

Applying this fact between SigmaForex platform and that of InterBank FX, while installing any of them.

InterBank FX MetaTrader4: After installing InterBank FX MetaTrader4 you will find the extension

[C:\Program Files\Interbank FX Trader 4\config]

Open the folder that called "config" you will find InterBank FX Demo.srv and InterBank FX -Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

Let's run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\InterBank FX Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names.

The Result:

That you will be able to be connected with two kinds of servers through one program!

MetaTrader4 Creats Conflict between SigmaForex and FXCM


Let's Do It Again Using SigmaForex and FXCM (Forex Capital Market)

MetaTrader4 is mostly used among brokers because it is so simple in use & easier for new traders in Forex market, and more accurate.

There are many advantages for this Forex Software but as we know that there is no perfectness without drawbacks; so, one of the most known drawbacks of Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!

Intersection between MetaTrader4 Programs


As you know that MetaTrader4 used widely among brokers because it is so simple in use & more easy for new traders in Forex market.

There are many advantages for this Forex Software but as we know that there is no advantages without disadvantages; so, one of the most disadvantages in Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SGB (Swiss Global Broker) also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\Swiss Global Broker\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!