I am creating automatic robot network.
One of possible advantages is ability to unite independent traders.
And I have a great lot of ideas about how to make it in MQL5.
I am creating automatic robot network.
One of possible advantages is ability to unite independent traders.
And I have a great lot of ideas about how to make it in MQL5.
My network will work around the world.
It is main feature.
Code will open.
May be free.
Yes, it should be open source. That way, good programmers can pitch in.
I can program MQL5 too. However, it is still in beta stage.
Note that MT5 will no longer support hedging and some other miscellaneous features.
But then again, who needs hedging when people are united.
Give me details about your network.
How do you intend to enter and exit your trade? Do you still use lagging indicators or price action?
How do you intend to synchronize trades with all traders around the globe?
Some people may not have their computers on 24 hours?
Do you have a certain session that you trade only?
The system will contain set of strategies: hedging, attacking and others, including well proved.
MT5 is a breakthrough.
Now I am developing feasibility study.
I expect that it will be ready this month.
By the way, I love Chess!
AIS1@CHESS.COM
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I have an EA idea that may be good.
How I would go around creating it, I don't know.
Criterias:
1) Instead of betting big and risk losing large sums of money, I want an EA that bets small size lots only.
REASON: Betting big will only tempt brokers and bankers to hunt your stoploss.
They know your orders and will pressure you: especially if you have no stoploss or if you are using stealth stoploss.
They are probably smart enough not to do it themselves.
They probably got rich relatives or friends that can hunt against you instead.
2) I want an EA that can predict instead of following lagging indicators.
REASON: Indicators can lie and set you up for big losses.
Brokers and bankers know that majorities will play by the book such as pivot points, moving averages, etc...
They will set up patterns to trap and make you lose big time.
3) I want an EA that can allow all forex players to work together. For example, all our trades will be the same.
All our forces will be united such that we can tag team and work against bankers and brokers. George Soros
was able to do it, why can't we unite. Maybe the EA can send order details to all traders around the world and unite as one or something.
We will NOT compete against each other but against the bankers and brokers only.
REASON: As one player, we cannot compete against the market (the bankers and brokers). But all united, that
can be a different story. After all, banks and brokers are nothing without us.
Anybody out there with an EA similar to this?
Anybody with ideas on how to program an EA like this with MQL4?
Maybe, I can use sendmail?