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API spot forex trading

  • #1
  • First Post: May 17, 2007 1:38pm May 17, 2007 1:38pm
Hi

if automating trading with a broker through MT4 on a 24/5 basis, as i undertstns, the user needs to have their computer up & running with MT4 on a 24/5 basis.

I do not know much about auotmated trading without a platform such as MT4, TS8.2, Metastock etc.

I do not know a great deal about API automated forex trading without one of these charting platforms. What i would like to know is, is it possible to connect your TA based strategy to an API, and then have your strategy fully monitored & controlled at your spot forex brokers end, without the need for you to have your PC & platform/s switched on & online 24/7?

Many thanks
Jim.
  • #2
  • May 17, 2007 1:53pm May 17, 2007 1:53pm
Depends on the broker...some brokers offer hosted EA services. In fact, I think some people on the forum here offer hosted EA services...of course you have to pay them for it, but of course, if you want an EA (or other automated task) live 24/5, then a computer has to be on...the question, of course, is whose computer stays on, yours, your server, someone else's server or your broker's server.

Quoting jimbil
Hi

if automating trading with a broker through MT4 on a 24/5 basis, as i undertstns, the user needs to have their computer up & running with MT4 on a 24/5 basis.

I do not know much about auotmated trading without a platform such as MT4, TS8.2, Metastock etc.

I do not know a great deal about API automated forex trading without one of these charting platforms. What i would like to know is, is it possible to connect your TA based strategy to an API, and then have your strategy fully monitored & controlled at your spot forex brokers end, without the need for you to have your PC & platform/s switched on & online 24/7?

Many thanks
Jim.
  • #3
  • Last Post: Oct 14, 2007 12:51am Oct 14, 2007 12:51am
Quoting jimbil
Hi

if automating trading with a broker through MT4 on a 24/5 basis, as i undertstns, the user needs to have their computer up & running with MT4 on a 24/5 basis.

I do not know much about auotmated trading without a platform such as MT4, TS8.2, Metastock etc.

I do not know a great deal about API automated forex trading without one of these charting platforms. What i would like to know is, is it possible to connect your TA based strategy to an API, and then have your strategy fully monitored & controlled at your spot forex brokers end, without the need for you to have your PC & platform/s switched on & online 24/7?

Many thanks
Jim.
a solution is to use VPS. install MT4 on there if u are runing EA, or write up a server side script connecting to ur broker's API.

this way ur code is safely hosted elsewhere, without worry about ur PC going bonker or blackouts. unless u choose a shitty VPS then ya you asking for trouble.
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