MetaTrader 4 or Metatrader 5 common error is “Waiting for update.”When you open the MT4/MT5 platform, you can see the frozen screen and image like below:
Error “Waiting for update” is a Metatrader error (mt4/mt5) when the platform is not getting any price quotes. The error “Waiting for update” can be solved by adding a new chart symbol on the chart or fixing the wrong login details.
Solution 1: Fix the “Waiting for Update” error by logging in Metatrader account
Sometimes when users open a Metatrader account and login details are wrong or expired, Metatrader chart quotes can not be visible. Users will see than “Waiting for update” error. Wrong login credentials can create a problem. Always check on MT4/MT5 are logged successfully and do you have an internet connection. In this case, read more about the wrong login details and Common error on MT4.
Solution 2: Fix the “Waiting for Update” error by adding a new chart from Market Watch
Hold left click and on any symbol on Market Watch and then drag and drop a new chart. Add a new chart on the screen. This usually fixes problems when MT4 is stuck on “Waiting for Update.”
MT4 freezes when your PC runs too many processes all at once. MetaTrader 4 can freezes if some indicator or Expert Advisor runs too many processes, so the only solution is to delete the robot or indicator from the MT4 directory and then reopen MT4. Indicators such as any dashboard indicator can freeze MT4 because it calculates many functions and presents a lot of information.