MT4 Message 132

MT4 CodeSeverityMessageDescription
132 Error Market is closed. Market is closed, trading is not available. More...

MT4 Message: Market is closed

Issue


MT132

The EA dashboard shows that the root cause of the issue was that the broker closed the trading of the market at around midnight GMT broker time.

Resolution

This is probably due to the practice the broker switches liquidity providers (banks) at around midnight GMT when the EU/US session ends and the Asian session kicks in. The switchover period could be just a few minutes but may last up to an hour or so around midnight GMT. As the Count: figure is increasing only over this short switchover period this is only a temporary issue.

The EA automatically recovers from this situation on its own and sends new orders to the broker when the market becomes open for trading again.

Watch out for the 'Count:' figure at the end of the red error message. If the Count figure increases only during the midnight GMT switchover period then no further action or intervention is needed. However, if the Count figure would keep increasing at any time of the day (not only around midnight GMT) every few seconds or so for longer than 5 - 10 minutes then a closer look would be needed. That could be an indication of a permanent issue which may need investigation and intervention. In this case send a screenshot of the chart showing the EA dashboard including the error message in full to support.