MT4 and PC Arrangement for EAs

Hi everybody,

I would like to ask those who are experienced with using more than one EA on a single real account if it is more efficient to:

- have all the EAs on one MT4 on one PC or
- have each EA on a separate MT4 on one PC or
- have each EA on a separate MT4 on a separate PC.

Many thanks,

Having one single EA with all the strategies included will avoid many headaches.
When going real, remove all external parameters to avoid messing up things.

hey unaizams..... it would have to be an unusually complex setup to require more than a single computer..... unless your talkin about separate computers in separate locations for backup in case of internet outages....

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as asasa mentioned, single ea's can easily trade every pair on every timeframe on dozens of strategies...... some real thought must be given to logical function placement..... the particular chart and timeframe the single ea is attached to can be equally important.....

that is my preference but there are some dissadvantages.......

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for the average well coded ea and average ea trader, odds are just attaching any ea to any pair/tf will work without too much trouble......h

Hi asasa and hayseed,

Sometimes the strategies are so different that if included in a single EA they will require different magic numbers, stop losses, take profits, trailing etc. which makes the EA slow.

I can have separate EAs and code them so that they will communicate with broker's server only when the trade contest is free.

My question is really can two EAs installed in separate MT4s whether in a single PC or separate PCs communicate with the broker's server at the same time?

My feeling is that two separate MT4 clients even on the same PC should have independent trade context. Never experimented on this, my EAs do not require fast order send so the busy trade context is not really a problem for me.