Code to prevent Rogue Trades | Forex Factory

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Code to prevent Rogue Trades

  • #1
  • First Post: Oct 17, 2009 11:04pm Oct 17, 2009 11:04pm
im looking for code for a ea that would prevent "Rogue Trades" as this has been a problem in the past, i assume others have experienced this too.
the code would have to check to see if the ea actually placed the trade.
thanks,new2fx
  • #2
  • Oct 18, 2009 12:02am Oct 18, 2009 12:02am
Just have the EA scan through all the trades and see if the magicnumber matches the EA's magicnumber. If it does, then don't trade...
  • #3
  • Oct 18, 2009 1:44am Oct 18, 2009 1:44am
Quoting Ronald Raygun
Just have the EA scan through all the trades and see if the magicnumber matches the EA's magicnumber. If it does, then don't trade...
thats what i thought, do you know if the broker can "see" the magic number in there backend = mt4...if so they can spoof it...do you have any other ideas about this issue?

  • #4
  • Oct 18, 2009 1:49am Oct 18, 2009 1:49am
The brokers can see EVERYTHING related to your order. (Magic Number, Comment, Manual or EA, etc..) - They can track your individual performance and place you in the 'winners' group or 'losers' for selective processing thats why you have to pick honest brokers. You cant hide from them so the only option is to get a broker that doesnt trade against you.
  • #5
  • Oct 18, 2009 2:07am Oct 18, 2009 2:07am
Quoting Fulltime247
The brokers can see EVERYTHING related to your order. (Magic Number, Comment, Manual or EA, etc..) - They can track your individual performance and place you in the 'winners' group or 'losers' for selective processing thats why you have to pick honest brokers. You cant hide from them so the only option is to get a broker that doesnt trade against you.
can you name any Honest Brokers??...
  • #6
  • Dec 19, 2018 9:53am Dec 19, 2018 9:53am
Quoting new2fx
{quote} can you name any Honest Brokers??...
Honesty here is relative, even the most established brokers such as FXCM can at times be rogue. I'm not saying they are bad but, an experiece with them is all that you need to say a broker is good or bad
  • #7
  • Last Post: Dec 19, 2018 9:56am Dec 19, 2018 9:56am
Quoting new2fx
im looking for code for a ea that would prevent "Rogue Trades" as this has been a problem in the past, i assume others have experienced this too. the code would have to check to see if the ea actually placed the trade. thanks,new2fx
Ho new2fx

Ill be very happy to help. But im a bit lost in "Rogue Trades".

Breaking it down a bit further would be great.
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