To update your Metatrader 4 platform, you must close and open it again (restart the application).To manually update the Metatrader platform, you need to deinstall software and install again new version that you can download from your broker website. How to update your MetaTrader 4 platform? In that case, you need to contact online support from your broker and check are there any maintenance or technical issues from the side of your broker. In rare situations, your broker can have technical issues. Sometimes, the problem with your MT4 platform is not because of your internet connection or faulty Mt4.
MT4 is Stuck Waiting for an Update, and your broker
Finally, if this does not fix the problem, you need to reinstall the MT4 platform to correct the problem. If your indicator works well, go to the MT4 platform and open Options/Tools/Charts-Set “Max bars in history” some smaller numbers such as 5000 (see image below). If the indicator does not work on live charts, the problem is in the indicator, and you need to recompile it and fix it. Try your custom indicator on live charts. In that case, to fix the problem, you need to do the following steps: The problem can be an indicator, an MT4 software bug, or maximum bars in MT4 history. Sometimes when you add some custom indicator to your offline chart, you will see that the MT4 Offline chart is not updating. Indicators such as any dashboard indicator can freeze MT4 because it calculates many functions and presents a lot of information. MetaTrader 4 can freeze if some indicator or Expert Advisor runs too many operations, so the only solution is to delete the robot or indicator from the MT4 directory and then reopen MT4. MT4 freezes when your PC runs too many processes all at once. This usually fixes problems when MT4 is stuck on “Waiting for Update.” MT4 frozen Hold left click on any symbol on Market Watch and then drag and drop a new chart. Solution 2: Fix the “Waiting for Update” error by adding a new chart from Market Watch In this case, read more about the incorrect login details and Common errors on MT4. Always check on MT4/MT5 are logged successfully and do you have an internet connection. 
Incorrect login credentials can create a problem. Users will see than “Waiting for update” error. When users open a Metatrader account with invalid or expired login details, Metatrader chart quotes can not be visible. Solution 1: Fix the “Waiting for Update” error by logging in Metatrader account
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