Wow! - Metatrader Platform Weirdness

Anyone else noticed this Difference!?

Until today I thought that MT4 was the same across all brokers except for the labeling. Today's weirdness actually showed me that they change the actual software. I download the ODL .SRV file and installed it into 2 diff platforms - IBFX and Ikon.

Identical indicator readings on each platform are DIFFERENT!! So that must mean the that actual software platform has been tweaked. I'm wondering if thats the key to the differences in each platform. NOT THE FEED (even though they play with that) - Its the Software.

Has anyone played with this to make an EA act the same with multiple brokers? Or have any other insight into the amount of control they have on my desktop (I thought all the power was on the broker server side) - Any listing anywhere of the MT4 client side stuff they can adjust?

(By the way the IBFX platform is showing SERIOUSLY shaved readings vs. Ikon with ODL Data - Example: Standard Deviation: IBFX:21 - Ikon:32)

Whew!!!

Hi, you might want to go this thread:

http://www.forexfactory.com/showthread.php?t=70582.

Yea, I know about the DEALER side plug-in but to see the 2 platforms give diff readings when using the same identical ODL data was shocking!! These guys are screwing us with the Broker server AND the rigged client software.

Where does it end!?

Once upon a time there was a Market Maker...

They offered tight spreads, 24hr customer service,
reasonable rollover rates and multiple platforms
(including MT4).

They were honest, straightforward, didn't spike prices,
passed off as much of the orderflow as they could
into the interbank, and made everyone happy.

They went broke in about 3 months. The End.

You have to liken this to Johnny BadaBing. Just like an MT4 broker,
Johnny runs a betting parlor on the other side of town.
He pays his winners off, usually right away. He collects from his losers
as soon as possible and if they don't pay up, he breaks their legs.

If Johnny didn't pay up, he'd get whacked. Likewise, if he didn't go after
the losing betters, he'd go broke. We can't expect Johnny to do one thing
without doing the other thing also. This way, he's open for business and
when we desire to use his services, he can accomodate.

How could things ever be any different ?

BTW: anybody interested in a Sopranos dvd box set? I think I watched too many episodes.

So who's your broker, toshi?

Am I right to conclude it's NOT a MT4 one?

I'd order your Sopranos dvd set but since I live so far away, the shipping would cost...

it doesn't. not as long as human beings exists! crooks are everywhere, to steal today is called 'providing a service'. it doesn't matter by whom or from whom. It's all rigged to 'thier' favor. fricken disgusting. THINK i' going to gold and silver, actual product, no fricken bullshit 'paper' owner. Want to start a new club BY TRADERS AND FOR TRADERS ONLY??? Let me know, only one rule, get caught cheating or stealing or manipulating or screwing or lying or anything and balls or tits will BE REMOVED and placed up for collateral untill YOU fix the problem!

To the contrary, I have used MT4 brokers before, just to see what all the hype was about.
Nowadays, I would be reluctant to have important money on deposit with many of the
names out there, MT4 or not.

Since most houses are now offering MT4 as a given, quite soon it would be unusual to encounter
a broker without the platform. Personally, I like using a currenex, but since that is
becoming a bit of a retail gimick as well, I'm not sure good old fashioned FX trading will remain
as we know it today in about a year or two. In fact, I expect alot of industry changes.
ADMD has some of my business right now, and the bid/offers have been getting a bit loose lately.

Anyway, the concept of Metatrader and its intended fuction in and of itself is (or was) a solid one:
Automated trading with backtesting capabilities and charting with open source-style code.

That's actually was what people wanted. But, the carrot and the stick issue became such that
here was a great tool that traders saw (and still see) as a way to help them trade.
On the other hand, brokerage houses and forex dealers saw (and still see) MT4 as a way to
gain an advantage over the mass trading population. It's not the tool, it's how it's used.

It is a product of the internet, and so like the rest of the net, it's a great tool that can be
shaped into anything the user wants, but usually becomes something else other than originally intended.
So it's not the software so much at issue, although there are some things that shoud be
integrated into MT4 that after years are still missing in it's native format, it's the company
offering the tool and how it is used (or misused, as the case may be) that makes it work (or not).

No way to skirt it, we must still continue to do our homework and diligence.