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Using one EA to execute with two mt4 brokers

  • Post #1
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  • First Post: Mar 31, 2011 9:02pm Mar 31, 2011 9:02pm
  •  Nagib_forex
  • | Joined Jul 2008 | Status: Member | 20 Posts
Hello,
Somebody know an expert advisor that can trade in two broker that use mt4 plataform ? I would like to buy eurusd in one and sell eurusd in other. A want to trade in the
diference of the prices. Buying where is cheaper and selling where is expensive.
Regards,
  • Post #2
  • Quote
  • Apr 1, 2011 1:18pm Apr 1, 2011 1:18pm
  •  syanwar
  • | Joined May 2007 | Status: Motivated by the fear of mediocrity | 149 Posts
Here it is Trade Duplicator by OpenThinking Software

I made some editing to enable/disable Reverse type order for you.

Enjoy!
Attached File(s)
File Type: zip TradeDuplicatorBeta.zip   387 KB | 529 downloads
Keep your hands up, and use your pant! - FxMatics
 
 
  • Post #3
  • Quote
  • Apr 2, 2011 7:06am Apr 2, 2011 7:06am
  •  pippero
  • | Joined Oct 2007 | Status: Trend following is for teens | 216 Posts
you'll need something more complicated than a trade duplicator as i am guessing he also wants to look for these elusive arbitrage opportunities
 
 
  • Post #4
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  • Apr 2, 2011 8:13am Apr 2, 2011 8:13am
  •  Aja
  • | Joined Nov 2009 | Status: Member | 316 Posts
Dont waste your money!! Arbitrage robots only work on demo. In the real world no ‘Slow’ Market Making broker is going to execute your ‘Fast’ ECN broker feed. You might get a few trades through but most market makers have hold times, spreads and min pip profit limits that make this impossible. In any case once they see you’re taking advantage of their slower update (its VERY easy to see pip stealing arb bots) they’ll lock the account and never pay you anyway BUT this system will blow you away on DEMO!!
 
 
  • Post #5
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  • Apr 5, 2011 9:40pm Apr 5, 2011 9:40pm
  •  Nagib_forex
  • | Joined Jul 2008 | Status: Member | 20 Posts
Somebody have more suggestions ?
 
 
  • Post #6
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  • Apr 5, 2011 10:21pm Apr 5, 2011 10:21pm
  •  CodeMeister
  • Joined Sep 2009 | Status: Making Code While Making Pips | 1,672 Posts
Write it yourself. Anybody with experience knows that the previous poster was right about arbitrage in demo and production.

If you want proof, there were 3 students in early 2010 who spent months developing a system that made killer profits in demo. Then they couldn't find a broker to take their trades.
 
 
  • Post #7
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  • Dec 29, 2013 12:08pm Dec 29, 2013 12:08pm
  •  Spox
  • | Joined Feb 2010 | Status: Member | 60 Posts
Quoting Nagib_forex
Disliked
Somebody have more suggestions ?
Ignored

Yes, gogle for: arbitrageur eu Transaction Statement. There are brokers which will execute arbitrage orders.
However you need to limit number and size of arbitrage trades to be not discovered by brokers.
 
 
  • Post #8
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  • Last Post: Jun 11, 2015 2:00am Jun 11, 2015 2:00am
  •  Spox
  • | Joined Feb 2010 | Status: Member | 60 Posts
Quoting CodeMeister
Disliked
...there were 3 students in early 2010 who spent months developing a system that made killer profits in demo. Then they couldn't find a broker to take their trades.
Ignored
Fortunately things change Brokers who allow arbitrage:
http://www.ads-securities.co.uk/accounts/ecn-account/
https://www.jfdbrokers.com/solutions...-trader-4.html
For arbitrage, generally you need accounts where "Last Look" is not used.
 
 
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