MT4 Message 148
| MT4 Code | Severity | Message | Description |
|---|---|---|---|
| 148 | Error | Amount of open and pending orders has reached the limit. | The broker account does not allow for more open or pending orders on the account. More... |
MT4 Message: Amount of open and pending orders has reached the limit
Issue
Based on the MT4 error code 148 the number of open trades reached the limit of the broker account, i.e. there are too many open trades on the account and no more trade can be entered. This is a broker account limitation, not an EA limitation.
Resolution
The number of open trades needs to be reduced on the broker account. If you run multiple EAs on the account then close some of those charts with the EAs and close the corresponding trades off. You may consider to open another broker account and start those EAs up on that new broker account.
You could also limit the number of trades this EA can open on the account - see the