how to chart with mt4 independently of you broker | Forex Factory

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how to chart with mt4 independently of you broker

  • #1
  • First Post: Edited 7:12pm Apr 20, 2014 1:26pm | Edited 7:12pm
I just hate the idea of given a winning strategy to my broker for free. Don't you? It must be a way that I can trade with mt4 without giving my strategy. Any help on this matter it would be appreciated, thanks in advance!!!!!!!!!!!!!!!!!
  • #2
  • Apr 20, 2014 7:10pm Apr 20, 2014 7:10pm
How in the hell traders allow the broker to manage their systems. What is the business of Metatraders brokers to upload my indicators to their servers? Only one answer and that is to f us over. The responsibilities of brokers should be 1} to data feed prices and 2} to provide a platform to buy or sell currencies, not to micromanage my indicators which should only be done at the computer of a trader and by the trader.
  • #3
  • Apr 20, 2014 8:20pm Apr 20, 2014 8:20pm
Quoting h4xforum
How in the hell traders allow the broker to manage their systems. What is the business of Metatraders brokers to upload my indicators to their servers? Only one answer and that is to f us over. The responsibilities of brokers should be 1} to data feed prices and 2} to provide a platform to buy or sell currencies, not to micromanage my indicators which should only be done at the computer of a trader and by the trader.
Whar makes you think that brokers are uploading traders' indicators?
Please Do Not PM Me With Coding Enquiries
  • #4
  • Apr 22, 2014 5:37am Apr 22, 2014 5:37am
Quoting Gumrai
{quote} Whar makes you think that brokers are uploading traders' indicators?
Hello h4xforum, I'm curious too.
  • #5
  • Edited 12:57pm Apr 23, 2014 12:42pm | Edited 12:57pm
Quoting h4xforum
How in the hell traders allow the broker to manage their systems. What is the business of Metatraders brokers to upload my indicators to their servers? Only one answer and that is to f us over. The responsibilities of brokers should be 1} to data feed prices and 2} to provide a platform to buy or sell currencies, not to micromanage my indicators which should only be done at the computer of a trader and by the trader.
The question and curiosity of the above statement are missing the point because it isn't a hypothesis. This thread was moved from brokers to here (Platform) which I do not mind because I prefer a solution than the blame game. None-of-the-less, yesterday, two brokers have in my charts the range of price 20 pips below the output range given by two of my indicators in the GBPJPY. Today is back to 'normal' in what I see in the chart and what the indicators are saying. They are an agreement. Yesterday they didn't.

Anyhow, I am looking for a solution; which perhaps lies within Excel Spreadsheet. Honestly, the brokers duties should only be; providing the data feed of prices and the platform to buy or sell currencies with their corresponding spread or commissions and not to micromanage my indicators and the output of metatrader charts. Or, the creation of a forex program which offers this broker independence is a necessity.
  • #6
  • Last Post: Apr 26, 2014 2:13pm Apr 26, 2014 2:13pm
This isn't a proper answer but you can always backtest offline. I use LFH Strategy Tester. It's not great but at least it's something for MT4.

I agree - demo accounts are there for a reason - to take your data and line those pockets. A kind of fee in exchange for that free data feed.

There surely must be something for offline - taking data from MT4 maybe via DDE server, working with it for offline trades?
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