Now I am developing feasibility study.
I expect that it will be ready this month.
By the way, I love Chess!
All good forex traders think alike and do things alike.
I like Chess myself.
Do MT5 have backtester now? Last time I look, they don't have backtester yet.
I ain't questioning your feasibility study.
I am sure it is feasible to make money.
The problem is how to get people to join together around the globe.
Making money is feasible.
I am trying to evaluate my expences for the development of this network.
I will to publish my feasibility study soon.
Main ideas will be disclosed, including that one.
I hope u publish your feasibility study here.
I am talking about your methods and strategies for uniting and synchronizing traders around the globe.
A year ago I published the article "Ultimate Certainty: Automatic Trading Concept of AIS Series Software".
Main concept will the same, but improved.
Interaction of MQL programs - is yesterday.
Uniting of traders or account holders - is tomorrow.
Hmm? I will take a look at it.
Tomorrow will be today eventually.
I hope you suceed with your EA.
When you get it done, email me the source code.
Don't worry about copying.
I don't like copying. It is the concept that is important and not the code.
I just want to see how you do it in MQL.
I probably use import or DLL.
By the way, my daughter studied at school, funded by George Soros.
I am thankful to him.
AIS Ultimate Certainty is not bad.
It has the characteristic of a good basic ea such as risk and money management.
But then again,
RISK and MONEY management exist in gambling like poker and black jack too.
MAJORITIES will lose regardless.
Risks exist because we are not smart enough.
That is why I want a SMART ea that can win consistently with or without the money management.
If I can design an EA in MQL4 real good, there would be no need for that kind of management.
I need management because my EA is not good enough.
Risk and money management to me is about losing money slowly.
Save your money another day so that you can lose again.
Eventually, you end up broke.
Anyhow, I will probably use DLL or import function with MQL4 to synchronize trades among all traders
around the world.
This way, we are all united as one STRONG force against bankers and brokers. Hack, George Soros did it against the British pounds!
Of course, there are an infinite number of succesful ways to develop interconnection of programs.
We'll do it.
My way of thinking and action:
Risk is a danger of loss.
Risk exists because the certainty is always incomplete.
This is the law of nature.
Even when human thinks that knows certainly, he mistaken or exaggerated.
The complete certainty knows only God.
Our robots are successful because they increase the degree of certainty by special data processing.
For me the terms "risk management" and "money management" are similar in meaning.
However, the use of the term "risk management" is preferable for the following reasons.
Reason 1. In finances term "risk management" is used more often than the term "money management".
Proof 1. The number of the links returned by search engines to requests "risk management" and "money management".
Reason 2. The term "risk management" is used primarily in business and academic circles, while the term "money management" is used mostly in amateur and gaming circles.
Proof 2. Qualitative composition of links returned by search engines, both business and common, to requests for "risk management" and "money management" in quotation marks.
Main task of risk management is to limit and control the risks.