Arbitrage

Marius Ovidiu Sunzuiana 2018.09.28 17:14

Does it exists any function to get quote prices from another broker server ( for arbitrage ) ?

Flavio Javier Jarabeck 2018.09.28 17:48 #1

Maybe with an external library coded as a Windows .DLL which connects, let's say through a DDE Market Data feed into a third party broker, and then pump the data into MT5.

;)

amri.rudi 2018.10.01 06:31 #2

If there is any EA that can get quote prices from another broker server, i want too..

Icham Aidibe 2018.10.01 08:00 #3

You'll need 2 terminals for that. Get prices by using filecopy or pipe.

Chris Mukengeshayi 2018.10.01 08:16 #4

Marius Ovidiu Sunzuiana:
Does it exists any function to get quote prices from another broker server ( for arbitrage ) ?

amri.rudi:
If there is any EA that can get quote prices from another broker server, i want too..

Yes, by making use of DLL, create a master account and slave account which communicate with each other, that way the slave account will be receiving quote from the other brokers.

Fernando Carreiro 2018.10.01 08:31 #5

Marius Ovidiu Sunzuiana: Does it exists any function to get quote prices from another broker server ( for arbitrage ) ?

My suggestion is to not waste your time with Arbitrage. In this modern age of electronic communications there is seldom any kind of price discrepancy.

Also, the spread and commission costs alone will wipe out any slight profit advantage you may find.

Most brokers have a strict policy against it, and they will easily identify when you do it and will ban you and block your account.

Triangular arbitrage Trading time differences between Starting with 200$, growing

nicholish en 2018.10.01 11:39 #6

Fernando Carreiro:

My suggestion is to not waste your time with Arbitrage. In this modern age of electronic communications there is seldom any kind of price discrepancy.

Also, the spread and commission costs alone will wipe out any slight profit advantage you may find.

Most brokers have a strict policy against it, and they will easily identify when you do it and will ban you and block your account.

This. You will not succeed in arb with metatrader, period. You'll need tech infrastructure that is many levels more sophisticated than those available to retail traders.

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