New Feature Request to get around some the No Hedging and new NFA rules

[dflood2]

With all of the NFA rules and No Hedging in the USA.

Has MetaTrade looked that this product?

It allows you to place more complex orders (OCO etc) and because the orders are stored on your machine instead of at the broker you can work around some of the new regulations. 

http://www.forexexecutorpro.com/

http://www.forexexecutorpro.com/updates/

 It would be a nice addition to MetaTrader 5

 

Cheers 

[Paul]

dflood2 posted # :

With all of the NFA rules and No Hedging in the USA.

Has MetaTrade looked that this product?

It allows you to place more complex orders (OCO etc) and because the orders are stored on your machine instead of at the broker you can work around some of the new regulations. 

http://www.forexexecutorpro.com/

http://www.forexexecutorpro.com/updates/

 It would be a nice addition to MetaTrader 5

 

Cheers 

I have a (very) beta version here of what I call a Virtual Order Manager written in MQL5.  I've been busy on other things recently, and now I'm blocked by a compiler problem in Build 240, but I expect to have a better working version out fairly soon.

I've looked at ForexExecutor Pro before - it looks like it shows a lot of promise, and shares a number of features with the Virtual Order Manager.  My only concern is whether in addition to the client-side "stealth" stoploss approach, they also run a looser server stoploss.  This is absolutely essential to manage the risk of PC crashes or internet link downtime.  Even virtual hosting is not safe enough in my view.

Paul

http://paulsfxrandomwalk.blogspot.com/