Hi everyone,
I’m trying to set up one of the bots from the Top Ten Trading App on MetaTrader 5, but I keep getting the message:
“An entry order was cancelled” – and I’m not sure why.
Here’s my setup:
Magic Number: 1131418067 (Chart on M5)
Account: $10,000 with Risk set at 7%
Bot Specifications:
Symbol: GBPUSD
Digits: 5
Contract Size: 10,000
Export Options:
Max spread: 10 points
Max open positions: 3
Max open lots: 0.5
Max daily loss: $500
Max daily drawdown: 3%
Minimum equity: $9,000
Max equity drawdown: 10%
Max equity: $12,000
News Filter: High-priority news
I’m wondering if I’ve misconfigured something, or if these risk settings are too tight for the bot to open trades.
Has anyone seen this error before or know what could be causing the cancellations?
Appreciate any help or advice!