. This language is developed by MetaQuotes Software Corp. You might want to change the MT4 default colors as well. How to Use Metatrader 4 on PC. traded over a particular time horizon. All you usually need is the knowledge of the programming language. The WebSocket should be opened by your Python script. It is therefore not surprising that the most famous platform is used for trading with robots by Forex retail traders – MetaTrader 4. Add product. I often encounter the need for a DLL whenever I plan to do mathematically intensive programming. The MT4 platform offers many benefits to users, including easy trade management and execution, a wide range of order types, and a user-friendly. It can also happen in a Live account when the order is actually executed in the market but Metatrader falls behind and think the order is. Why? How do I install an Expert Advisor on MT4? What are offline charts? In case where the login details are incorrect, the MetaTrader 4 may not load. It take less time by phone. First, select the Trading Account Number from the upper drop-down menu, and then modify the account’s leverage settings via the lower drop-down menu (figure 1. For example, you want to trade a 0. If a window pops up asking for admin permission, allow it. Detail information you can read in the article: Export live MT4. The financial news line in MetaTrader 4 is your guide in the world of financial trends. . So, it is important to have at least a general understanding of MetaTrader 4, also known as MT4, and MetaTrader 5, also known as MT5. MT4 is available for three different formats: desktop, mobile, and browser. United Kingdom. You can utilize the useful analytical functions through MT4/5. Step 1: Understand what type of indicators you are looking for. In this case, as well as at execution of the "Modify" and "Create" context menu commands, the alert editor window will appear:To read a Forex chart you should: Open a chart in your trading platform (MetaTrader 4, for instance) Choose a chart type: A line chart, a bar chart or a candlestick chart. 9 pips for the same high on the same candlestick. thumb_down_off_alt Cons. Chart Period #. 141. You can build your own EAs or import built-in EAs onto the MT5 platform. To do so, it is enough just to attach the expert to the chart. 73/1. A sell-limit order limits a specified price above the current market price to sell at or above the limit price. On FXPro’s trading platforms, “Re-quotes” can be occurred when the price which you have placed an order and the actual price in the market are too different. Further maintenance of the same amount may not be obligatory. Three basic prices of a financial instrument are used in the trading platform: Bid is the highest price at which a trader can sell a financial instrument. "menu command, the chart context menu command of the same name, or press F8. All above parameters are set in the "Settings" tab of this window. 1 mini lot = 10,000 of a currency pair. Find the Max bars in the chart and Max bars in history fields— lower both by at least 50%. The software can be utilised to trade financial products. When click on install button. So, it is important to have at least a general understanding of MetaTrader 4, also known as MT4, and MetaTrader 5, also known as MT5. The alert will be immediately created. 50,000+ markets on its own proprietary platform. This can be done from the official MetaTrader website or via your broker of choice. Also you can use a radial menu. 1234/1. Alphabet AI is an advisor that combines two popular trading approaches: the multi-level perceptron (MLP) strategy and the mean reversion strategy. 199 USD. This will instantly bring up the trading window. Terminal allows to restore charts deleted from the workspace. How to Export Live Data From MT4 to Excel. This is the Metatrader 4 Client, it needs the Metatrader 4 or 5 Server versions: Metatrader 4 Mirror Chart Server:. In this guide, you will learn how to fix MT4 error 136. You will find all types of trading orders, 50+ technical analysis tools, convenient chat with other traders. Hiding Symbols #. Trading quotes #9 — Jack Schwager. MetaTrader 4 for the web allows you to do all the things you can do in the desktop version including placing any type of market and pending orders, trade currencies, stocks and futures. daniel1983: Hi there, I have beeing with problems like "off quotes", if you have this problem very often (like me) its kind of annoying, but there seems to be a solution, and this is how i manage to solve it and actually finally allows me to manually close the orders i want to, still difficult to do it all very fast, but you will not have to wait lot of time. As a popular online trading platform, its simple user interface gives you access to advanced technical analysis and flexible trading systems. Such reports allow to compare different experts to each other in a quick mode. MetaTrader 4 just displays it as “Margin”. 02 08:36 #3 . You can select the “Scale fix” or “Scale fix One to One” option. Backtesting is a very simple process. Modeling starts at at least 101st bar or the bar corresponding with the initial date of test limits; StartGen - the number of bar with which the modeling on the nearest timeframe started; StartGenM1 - the number of bar with which. Start trading today. After that, the list of all opposite positions will appear in the lower part of the window. The trading activity in the platform implies forming and sending market and pending orders to be executed by a broker, as well as managing current positions by modifying or closing them. MetaTrader 4 Design and Availability. 32 EUR Debit if trading EUR/USD long) Swap Short = 0. What does metatrader 4 mean? Information and translations of metatrader 4 in the most comprehensive dictionary definitions resource on the web. To launch the expert editing program, one has to execute the "Create" command of the "Navigator – Expert Advisors" window context menu, or the "Tools – MetaQuotes Language Editor" menu command, or press F4 or the button of the. For this reason, when the trader tries to execute an order at these prices, the trading server returns an ‘Off quotes’ message and denies execution. Next, select Pending Order in the Order Type dropdown list. Attention: History Data cannot be exported through DDE protocol. In MT4, go to 'File' and select 'Open Data Folder'. MetaTrader 5 Build 3950: Deposits/withdrawals in the terminal and updated trading report. MetaTrader 5 gains traction, but MetaTrader 4 is still the king of FX trading according to some statistics. Check the box to Enable Metatrader 4 Push Notifications. MT4 is an intuitive and straightforward online trading platform. This option allows you to check the results of testing in order to avoid fitting to certain time intervals. Broker is busy. 3 3. Below we answer the question What does off quotes mean on MT4 and tackle the most common problems you can encounter when starting your adventure using EA (Expert Advisor) on MT4. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. These programs are able to completely replace trader, as they perform trading and analysis activity autonomously. Solution 1: Go to the desktop icon of your MetaTrader platform. Trailing Stop Loss in MetaTrader 4 is a free lecture from the MetaTrader 4 Forex platform: Start trading with a pro trader. Trade Forex from your smartphone or tablet! MetaTrader 4 (MT4) is the world's most popular Forex trading platform. This section contains basic information you need to know when starting to work with the client terminal: Terminal Installation. community: authorization failed' in Journal tab. The term “off quotes” in MetaTrader 4 refers to a message commonly displayed in the platform when a trader tries to execute a trade but the price for that. Please pay attention to which account you are using before placing trades and orders. Next, set up your desired deviation range in pips, under Deviation. Thus, when a position is moved to the next day, the rules of interbank crediting come into force. The first part is the. ERR_TOO_MANY_REQUESTS: 141: Too many requests. There is no such thing as “off quotes” in MT4. 03. MT5 is faster and more efficient than MT4, but it doesn’t replace the previous platform as it is different and simply offers more than MT4 does. AutoSignals (by indicator) - ON/OFF: y ou can switch on/off the automatic signals forwarding to the bot from the indicator defined in the next parameter. FP Markets - Top MT4 Broker For Beginners. It rarely suits everyone's taste and it is one of the first things traders change. Restriction can be because you are not using master password on the Metatrader 4, but investor password so the server does not allow you to change the trade or to open new trade. Optimization represents consecutive passes of the same expert with different inputs on the same data. Client Terminal gives a large range of means for development and use of mechanical trading systems (MTS, experts, advisors). The main goal of this platform is to provide an easy to use, fast and powerful trading platform for traders. Pivot Mean Oscillator (PMO) is a unbounded zero-centered oscillator that provides a quick and normalized measure of divergence between two spreads. How to Fix Off Quotes MT4 Error. Requote. What are "Off Quotes"? What does the "Market Closed" notification mean? Why am I seeing a "Not Enough Money" notification? MetaTrader 4 Connectivity Issues; What does the "Old Version" notification mean? See all 9 articles MetaTrader 4 Platform. Earlier, I mentioned that if you have a $1000 account, it doesn’t make sense to subscribe to TradingView because you need to generate a return of 12%/year to breakeven. “ Allow live trading ” option should be selected in the “EA Properties” window. After the terminal has been shut down, all accumulated historical data will be stored in the "History Center". Every trading platform typically has its own, tailored language. In this situation, it is pertinent to check your login details and confirm if the details are correctly inputted. Sometimes the only way to get rid of such "off quotes" orders is to contact MBT and have them remove it. Signal access mode: private for monitoring or public for sale. If none of this works, ask your broker for assistance as the issue will be on their end. There are no prices for the selected instruments at the moment, or the last prices can no longer be treated as market prices. First, locate the file on your computer for the EA and copy it to your clipboard. (Expectancy). The trading platform provides multiple settings to help you conveniently customize it. Standard Deviation -Standard Deviation is a statistical measure of volatility. What should I do if Metatrader 4 is disconnected from the broker´s server? Here are two options. More information you can be read in the article:Basics. Refusal From The Broker Server Or Liquidity Provider 4 How to Resolve Off-Quote Issues 4. Control your account, trade and analyze the Forex market using technical indicators and graphical. Access your account and start trading in just a couple of clicks. Orders That Don’t Fulfil The Criteria 3. Poor internet connection 3. execution. Currently, Igor works for several prop trading companies. How to Fix Metatrader 4 Off Quotes Error?Smarter, Not Harder. Download the MetaTrader platform. This is done to determine the expert parameters with which its profitability is the highest. The MetaTrader trading platforms have integrated this service directly into their platforms (MetaTrader 4 and 5)! That means that every user can use the MetaTrader VPS. One has to select an opposite position in this list, and after that the "Close. Tap the button with the current timeframe. The virtual hosting provides round-the-clock operation of the client terminal (Forex VPS). Call 844 IG USA FX or email newaccounts. Trade position is a market commitment. 176654. Trading quotes #11 — Jim. “Off quotes” in the MT4 generally indicate a break in internet connection and result in no real-time prices being available. For instance, it is the largest financial market in the world. The following commands are available in this menu: Indicators List – call window managing indicators imposed in the active chart. 3600 is the amount of the quote currency, USD, it takes. The trader can also select a currency pair from the ‘Market Watch’ window, right-click on it and select ‘New Order’. ERR_REQUOTE: 138: Requote. The charge is applied to the nominal value of an open trading position overnight. Then enter your MetaQuotes ID in the box. Trading robots perform market transactions automatically, while indicators allow you to better analyze quotes and predict the price behavior. It shows the number of price changes within each period of a selected timeframe. 416-740-1911. Good. Working on a demo account provides you with Forex trading experience using all the trading features provided by the MetaTrader 4 platform. . which a stock is traded over the trading horizon. How to Fix Metatrader 4 Off Quotes Error?Smarter, Not Harder. Z-Score - Z-Score is used for calculating the ability of a trading system to. In both cases notifications are sent to a mobile device with a specified MetaQuotes ID via a special server when a certain event occurs. But, if your account is larger (let’s say $5000), then it makes sense since you only need 2. that allows trading forex, stocks, and futures. ERR_BROKER_BUSY: 137: Broker is busy. a) Record and keep a copy of your account login information before exiting the registration process. Optimization represents successive passes of the same expert advisor with different inputs on the same data. Experts are able not only alert about recommendation trading signals, but undertake the complete control over trading activities online. A crucial part when it comes to MetaTrader 4 is opening a position. Your leverage is 1:100. MetaTrader 4, also known as MT4, is an electronic trading platform popular among online retail foreign exchange ( forex) traders. You can find it by clicking Insert-Indicators-Volumes-Volumes. “Off quotes” are one of the most common errors on MetaTrader 4 and MetaTrader 5 platforms. For this reason, when you try to execute an order at these prices, the trading server returns an ‘Off quotes’ message and denies execution. Download MT4 TimeFrame Shortcut Indicator. Our order matching engine located in the New York Equinix NY4 data centre processes over 500,000 trades per day with over two thirds of all trades coming from automated trading systems. Then click on ‘Type’ and select ‘Market Execution’. The MetaTrader 5 trading platform includes full-featured MQL5 IDE. Due to maintenance on all platforms, on Saturday, 18 November 2023, MetaTrader 4, MetaTrader 5 and cTrader will be unavailable for trading from 1:00 pm to 6:00 pm. The tab provides the possibility to close positions and delete pending orders by a single mouse click. Here are other features of MT5:Market Order. Not enough rights in MT4 means that you cannot trade on the account you are logged on because of the server restrictions. What does it mean when a trade is off. MetaTrader 4. For Android devices, tap Quotes > New order. Make $7500 Per Month Tradin. VWAP is often used as a. What does off quotes mean on mt4? What does off quotes mean in forex? Let’s find out! Are you familiar with MetaTrader 4 and MetaTrader 5? The currency trading platforms mentioned above are popular all over the world. The strategy does not use timeframes, it trades off price only. Igor has been a trader since 2007. Off quotes mt4 or mt5 are the most common problem in the MetaTrader platform. If your notification is successfully sent. MetaTrader 5 (MT5) is now available at OANDA in Japan, the U. The first one is to download and install the new version from the broker’s website and the second solution is to run an automatic update of the MT4 platform. Client Terminal is a part of the online trading system. ex4 /ex5’ inside MT2Trading downloaded folder. For a long position, the MetaTrader 5 tool clears the price and freezes when the price drops. Then download timeframe you need in the History Center. Server Address" in the Server select within the Log in screen. All newly created experts will be automatically placed into this directory; Symbol – select one of the securities available; Period – select the symbol. Essentially, when trading with leverage, traders are borrowing money from their broker in order to increase their buying power. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex. Login The best depth of market prices are the current Bid and Ask for the symbol. In this series, we are going to cover the most popular programming language of the trading software MetaTrader 4. To delete an order, the button of the same name must be pressed in it. As we have mentioned above, there are 4 individual charts on the default screen of MT4, and they take up most of the space of the platform’s interface. ← Strategy Tester. Wall Street Scalper MT4. MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. 6. Some of the most common reasons for. Order is a client's commitment to brokerage company to perform a trade operation. The Terminal panel is made up of a number of tabs that run along the bottom of the panel: Trade – this displays your open positions and pending orders. 10 means the participant has 1000 shares available). If you have connected your live IG account to MetaTrader 4 (MT4) and are experiencing issues submitting forex orders from the MT4 desktop or mobile app, make sure that the currency pairs you are trading are named in this format: EURUSD. How to Use Metatrader 4 Mobile App for Android. This language is called MetaQuotes Language, MQL for short. 1235. It is measured in pips, points, or ticks - which is typically the fourth digit of a quote after a dot. Why does Metatrader 4 say off Quotes? This means that there have been no new prices on the selected instrument for some time, and these last prices can no longer be treated as market prices. You can integrate a currency strength meter into your own strategies and trading style. Setup. The following orders are used in the terminal: Market order, Pending order, Stop Loss and Take Profit. What benefits do you get with our technology. What does off quotes mean in MetaTrader? This means that there have been no new prices on the selected instrument for some time, and these last prices can no longer be treated as market prices. 11K subscribers 3K views 1 year ago Metatrader 4/5 MT4/MT5 - FREE trading platform and. The chart price appeared to reach my Take Profit but did not trigger. What does off quotes mean in forex? Let’s find out! Are you familiar with MetaTrader 4 and MetaTrader 5? The currency trading platforms mentioned above are popular all over the world. Check Details. 34744 sl: 0. Tharp. Optimise RAM (Memory) Disable some of MT4/5’s background features that you don’t need or don’t impact your specific trading style. You can reset your demo account by going to the “Accounts” tab and right-clicking the demo account you are using. For instance, by using your friend's MacBook or your office computer, you have the opportunity to view quotes or close your open. b) With MT4, you are able to create and access multiple accounts without exiting the program. How To Fix “Off Quotes” in MT4/MT5? “Off quotes” is an error message which means no price is available on the platform. Set Up Charts in MT4. 140. Select Tools > Options > Charts. Best for US Clients: FOREX. It is installed on the trader's computer and intended for: controlling and managing open positions and pending orders; writing expert advisors, custom indicators, scripts, and functions in MetaQuotes Language 4 (MQL4); testing and optimizing trading strategies. Type google. My MetaTrader 4 price quotes from Oanda vs 24Option price quotes for the same asset (EUR/USD) and the same candlestick. However, due to its narrow specialization, MQL5 thrives in financial market programming challenges. Intuitive and packed with tools and features, trade on the go with one-swipe trading, TradingView charts and our exclusive Performance Analytics tool. You will often find it in your C: drive. Trading robots and signal subscriptions can run 24 hours a day on a virtual platform. There are two types of margin requirements for futures contracts: Initial margin is the amount that must be available on the account at the moment of attempting to enter the market. You will only be able to trade pairs that end is '. The language syntax is very close to C++ enabling programmers to develop applications in the object. A similar swap is also charged on Contracts For Difference (CFDs). Backtesting relies on the idea that strategies which produced good results on past data will likely perform. C). MetaTrader 5. [Deleted] 2011. Step 3: Select Login. How to Use Metatrader 5 on PC. If the whole board is frozen, then you night not have logged into your trading account correctly. The broker has not supplied with prices or refused, for any reason (for example, no prices at the session start, unconfirmed prices, fast market). For this reason, when you try to execute an order at these prices, the trading […] Vantage is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. It’s like an egg carton (or egg box in British English). Means the EA is incompatible with every other, including itself on other charts and manual trading. 1 1. But it’s there. In this video, you can see everything about the error "Off Quotes" on Metatrader 4 platform. In this video, I'll show. Silly issue. It offers you online quotes and interactive charts that enhance your trading experience. 1 micro lot = 1,000 of a currency pair. It can tell you what type of traders are buying or selling a stock, where the stock is likely to head in the near term, and much more. History Files in FXT Format →. Jason_Rogers: Hi Insanelalala, Glad you were able to find the solution. MetaTrader VPS servers are located very close to brokers' trade servers minimizing network delays during order execution and enabling round-the-clock operation of trading robots and signal subscriptions. This password allows connecting to the account in read-only mode without access to trading. 4. Later on, any deleted chart can be restored with the "File – Open deleted" menu command. Terminal panel. MetaTrader 4 is a flexible trading system that offers advanced tools of technical analysis, Trading Signals, a Market of trading robots, mobile and algorithmic. BlackBull Markets - Highest Leverage using MT4. How do I Open Charts on the. To learn more about Stops, please read our “How to set Stop Loss & Take Profit in MetaTrader 4” article. MetaTrader 4 and MQL4 allow implementation of several ways of both visual and audio alerting: a usual screen message (function Comment); a records in the log (function Print); a message window plus a sound (function Alert); a special sound, a file to be selected and played (function PlaySound). Experience powerful charting, advanced analysis tools, and market trade execution, all in the palm of your hand. A stop-loss is an order placed with a broker to sell an asset when the price falls below a certain point. It shows the trend change, the entry point to the transaction, as well as - English. and after this i got message 'MQL5. By setting a sell-limit order at $1. With these applications, you will be able to perform deals in MetaTrader 4 in a more informed manner, while capturing more opportunities. MT4 error 136 is interpreted as an “off quotes” problem of the MetaTrader 4 platform. 0 The risk does not pay off. As a general rule, the best way to download additional MetaTrader 4 historical data is to use the History Center inside MT4. 09:59:59 '10667': instant order sell 0. This difference is measured in pips. Setup. com site for transactions on MetaTrader Services. In the newly-opened, choose the trading instrument symbol and specify the position volume. 999 USD. 97 USD. An MLP strategy can identify long-term trends and forecast future price movements, while a mean reversion strategy can exploit short-term price deviations from the average. Chart Settings. Market Reversal Alerts. If the performance still lags, keep decreasing the value until it becomes smooth. If you're new to trading forex or other financial instruments, you may have heard the term "swap" being used in MetaTrader 4 and 5. LIKESUBSCRIBECOMMENTSHARE-Join this channel to get access to perks:ME ON INSTAGRAM @ryda. MetaTrader 4 Strategy Tester is a strategy tester tool designed for testing and optimizing trading robots before using them in real trading. If trading in general is disabled in your account, contact your broker. 01/02 when they do the rollover, so I assume it has something todo with the broker does not send quotes for all Symbols. Fill in the following fields in the form that appears: Signal name. It was developed by MetaQuotes Software and released in 2005. Scan this code from a mobile platform on another device, and the account account will be instantly connected, without the need to. Millions of traders are choosing the MetaTrader 4/5 due to its utility. Proper debugging, logging, and frequent testing of EAs or scripts can help quickly identify and rectify such issues. Your MQL5 VPS = your "2nd Metatrader in cloud". Therefore, we may increase our margin. Determine whether you want to BUY or SELL the pair in the Order Type dropdown list. Quotes containing the term metatrader 4;. Last, IG clients can access an additional 12 add-ons that don’t come with the standard MetaTrader 4. 0001, whereas on a 5-digit broker Point() equals to 0. Click "Properties" in the Charts menu or in the chart context menu. Current Week. After general parameters have been set up, experts can be launched. Technical indicator is a mathematical manipulation of a security price and/or volumes aimed at forecasting of future price changes. Step 4: Go through the indicators and download the one. What does it mean when a trade is off quotes? When you see the “Off quotes” message in your trading platform, it means that the prices you are trying to trade at are no longer valid market prices. Choose from hundreds of brokers and thousands of servers to trade using your MetaTrader (MT4) 4 Android app. Let's consider our running example of EUR/USD priced at 1. The next level is set as the closest level allowing placing Buy Limit and Sell Limit orders considering stop level for the symbol. If the candlestick is hollow (displayed as white here), this. Fxigor. select an expert and set up its inputs. Pairs with Japanese Yen in the pair; Pairs without Japanese Yen in the pair; Yen pairs are quoted in 2 or 3 decimal places. 06. The spread is simply the difference between the bid price and the ask price. Save deleted charts to reopen. This error can appear in Metatrader in two scenarios: if there is a break in connectivity with the platform or the best price for the pair you’re trading is not within your “maximum deviation. Interface of the terminal includes the following components: The program heading includes the current account number, application name, as well as the active chart window name and its period (timeframe). MetaTrader 5 is a multi-asset trading platform that was released in 2010. How to Fix Metatrader 4 Off Quotes Error?Smarter, Not Harder. Launch. In conclusion, the “Please Verify Operation Parameters” message in MT4 requires the trader or developer to verify that all parameters associated with a trade are correct and fall within acceptable limits. Off-quotes are a common issue when text is created in Microsoft Word, and many reasons are given to explain why they are appearing. A General Scheme of Trading Operations. which means your platform isn’t connected to the correct server and not getting any price quotes. Remember that Stop Loss will be executed automatically when the market moves against your position (hence the name: stop losses. The MetaTrader 4 platform provides wide analytical opportunities. It occurs, for example, when news of high importance occurs or during market opening/closing times. Based on spreads and features the 2023 best MT4 broker list is the following. With MetaTrader 4, trading becomes flexible and convenient. . community payment system is available to all registered users of the MQL5. The quoted amount, 1. The difference is only 1. For Linux, we provide a script that can be downloaded and launched with a single command. All you need is Internet connection. The following commands and options are available in this tab: Expert Advisor – select the expert to be tested in the list. Equity - This is the current value of your account including the value of any open positions. What does off quotes mean in forex? Let’s find out! Are you familiar with MetaTrader 4 and MetaTrader 5? The currency trading platforms mentioned above are popular all over the world. For this reason, when you try to execute an order at these prices, the trading server returns an ‘Off quotes’ message and denies execution. 2850, your trading platform automatically executes a sell order at the limit price or better. This issue is caused by the market conditions. Kindly be reminded that on top of this, cTrader also has different trading hours. Make right-click on the mouse and choose “Run as Administrator. This can mean that the risk pays off and that the portfolio/strategy can show results. Check your internet connection. Volume in the chart means number of price changes, true, however I understood that the op was asking about trading volume when entering orders. Trading it on 1h is same as 5m. Step 1 – Open a new MetaTrader 4 account. There are several ways to do that but the best is to use WebSocket. Often they are a result of the publisher typing the text and inserting a line break, leaving a word or sentence hanging off the edge. Orders that don’t follow the rule. For these purposes, several types of trading orders are used. Like most online trading platforms, MT5 allows traders to view charts, stream live prices, and place orders. If boing sounds to you like it sounds to me, then that is probably the "disconnect/connect" sound. Step 3: Open a page called CodeBase. To find your MetaQuotes ID, open your mobile terminal and go to Settings -> Messages. IC Markets Global is the one of the top choices for automated traders. Further, MT4 dominated the entire market with around 66 percent of the market share at the close of. An impressive set of built-in MQL5 functions for technical analysis and trade. One of the first things traders notice when they start to work with MetaTrader is the color scheme. 99 USD. Start trading today. WTI stands for West Texas Intermediate. Off quotes in MT4 means that the price you want to open a trade on is not available anymore on the trading platform MT4.