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EA needed for direct access algo

  • #1
  • First Post: Jun 29, 2015 5:39am Jun 29, 2015 5:39am
Hi,



Any coders here know how to code an EA for a direct market access algorithm? I don't think MT4 can do it? Unless someone can tell me different?

IG group offer Direct FX on commission only, with spreads averaging 0.2 pips but not sure thats through MT4 and having difficulties trying to put together the idea on MT4.

Trades would be HFT and would only work interbank Ultra low latency.

I know this is vague at the moment but just need to know if anyone has experience in that field?
Thanks!
  • #2
  • Jun 29, 2015 8:54am Jun 29, 2015 8:54am
Quoting ozzieb88
I know this is vague at the moment
Yeah, you babbling a lot of nonsense.
It's all put up on their page, so why you know (almost) nothing about it?
For such a purpose you'd need to trade big volume and use the FIX API.
Return To Disorder
  • #3
  • Jun 29, 2015 10:01am Jun 29, 2015 10:01am
Quoting rockit
{quote} Yeah, you babbling a lot of nonsense. It's all put up on their page, so why you know (almost) nothing about it? For such a purpose you'd need to trade big volume and use the FIX API.
The last line would have been sufficient in your response.

I don't know how to code. I asked if anyone had experience in being able to code a HFT algorithm for direct market access. I also stated that I did not know if it could be done in MT4.

Thanks
  • #4
  • Edited 12:07pm Jun 29, 2015 10:28am | Edited 12:07pm
HFT defined as "HFT uses proprietary trading strategies carried out by computers to move in and out of positions in seconds or fractions of a second." is doable with MT4 if your broker executes fast (i.e. 10-20 ms). So, it is mostly the exec time of broker that is key..
Return To Disorder
  • #5
  • Last Post: Jun 30, 2015 7:08am Jun 30, 2015 7:08am
Quoting rockit
HFT defined as "HFT uses proprietary trading strategies carried out by computers to move in and out of positions in seconds or fractions of a second." is doable with MT4 if your broker executes fast (i.e. 10-20 ms). So, it is mostly the exec time of broker that is key..
Thank you.
Do you have experience in this field?
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