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Have you developed a trading robot? Publish it in the Market and make profit!
dflood2
16
dflood2 2010.01.24 03:42 

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 

Forex Executor Pro
  • www.forexexecutorpro.com
As an educated trader you are most likely aware of the new NFA regulations that are continuing to strip away your traders edge. Trading is a tough enough game as it is, and to be profitable you need to grab hold absolutely every edge you can get. As of August 1st 2009 the NFA's new FIFO ruling has taken away ALL US based brokers abilities to...
Paul
784
Paul 2010.01.24 11:50  
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/ 

Testing the Virtual Order Manager with hedging orders from two EAs
  • 2010.01.09
  • Paul
  • paulsfxrandomwalk.blogspot.com
I have written several times before about writing a Virtual Order Manager to enable hedged trades in MetaTrader 5.  Well, it's been "complete" for about three weeks, but what I underestimated was the amount of testing required.  Nonetheless, I feel it's getting close to release V0.1 time (even this will contain plenty of bugs, I'm sure), so for...
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