thread: Can Brokers see your MT4 EA/Indicators and Codes?

I am beginning to wonder that Brokers can actually see Custom Indiors codes and our EA.

This one is quite tricky to prove/disprove because sniffing at the internet packets with no knowing how data is passed between client to server is like barking at the wrong tree - hence purely argumentative.

Have you got the exact same notion?

Last September, I Had Been trading at IBFX. The helpdesk specifically asked me when I was using EA to exchange... Hmm they know I was using EA? Last Nov, I have to request MIGFX to enable EA trading (after my EA failed to execute). After then, I feel that they can know/determine whether the trade is from EA or not.

IBFX is very sensitive when it comes to news trading or scalping. If you're trading with a EA I guess they can tell by your own trades (instance if your EA straddles about news time).

IBFX is very sensitive in regards to news trading or scalping. If you are trading with a EA I guess they can tell by your transactions (example if your EA straddles about news time).

They dont care if you straddle. The pip spread already put you out of business, if you don't straddle over 20pips. That is no problem for them, coz they can pick up your order afterwards, normally they freeze platform for about 2minutes during financial event, is dependent on the volatility. Should enough position has been hedged by them, they will place you in the commerce, otherwise, they'll decide the 1st transfer from the freeze to put you near the stop loss and widen the spread to put you out of business after discharge. I saw price from the market, and comparing to my North Finance and InterbankFX account, guess what?! There is not any initial spike!!! If you see short NFP, preNFP has a very long long initial spike up to accept you hedge order, thats the optimized move from the trigger regular in their host. Guess they want 2 host to seperate live and demonstration?! Use your brain and think about it. Utilize your dick if you dont have 1. WHAT?! DONT HAVE?!!! LOL... just kidding.

There is a question in MQL4.com forum if brokers can observe the resources of indicators and experts of their clientele or not. This thread seems to be deleted. I couldn't find it.

However, their response was that they can not. So, this is the official response.

Technically, it is possible of course to plan such an option for a broker they can. I really don't know if we ought to think their response or not, but if you are a developer of MetaTrader, would not you write this little backdoor to it? Or if you are the owner of MetaTrader, what would you do?

I would not make this choice public for every broker, since this information would flow sooner or later. But I would think about making an option .

If I'm a snatch theft, will I fetch my car near and give you a honk until I grab your PIPS?! When I have a brokeriege firm, I can hunt you to make some fast bucks. Even you move Las Vegas, every once in a while you will hear somebody get a jackpot. The broker isn't neccessarily to hunt you everytime. As I mentioned previously, they do it once in awhile. It is possible to do it this way to prove I'm a lier, make a small trade 0.01lot, place your stop loss at yesterday low/high, open up your tick chart, see what happened when price get close to your stop loss. Few bucks to find the truth out, worthwhile! And save a lot of saliver out of describing.

Regards,

David

Some friend of mine Only complain That This issue to me again...(yawn...)

http://www.forex-tsd.com/members/futuremillionaire.html
Senior Member
Join Date: Nov 2006
Location: An Englishman living in Scotland, UK
Posts: 243



Quote:
Originally Posted by FutureMillionaire?
I simply lost my internet for approximately 15 minutes. When I was able to restore things, my MT4 platforms updated themselves. It could be seen, from the candles, that the price needed, whilst I was off, gone through a T/P level (It was a sell, T/P set to 1.3147, along with the price had dropped to 1.3142 - EURUSD). My absence wasn't completed in by the trade. . And, of course, the price has moved back above my T/P.

Why did not it trigger?

I thought that, when the EA had setup a trade, it would carry out the order, even if the relationship was lost.




It happened again, whilst I was live online.... This was a live account, so that I logged in to the IBFX online chat. This was the dialogue...


Chat InformationThank you for contacting us. The next available agent will probably be right with you. Our goal is quality service. You may tell us by going to this website, how we do today.
Chat InformationYou are now chatting with'Client Services 30'
Client Services 30: Hi, this is Jeffery. How may I assist you?
You: I've currently got a commerce on EURUSD. It's a sell, with a T/P of 1.3147. The price fell to 1.3142. Why did not it trigger?
Client Services 30: If the spread was wide in the time that it might not have triggered. Let me look into that for you. One moment please.
You: I saw it return to that amount another time, along with the spread was ordinary then (I had the exact same thought)
you: It went to 1.3146 the second time
Client Services 30: can you tell what occasions you are taking a look at?
You: Now.... Within the previous hour
you: The previous candle about the M30 chart
Client Services 30: at 13:16 and 13:17 AM that the spread was 6 pips
you: Ouch!
You: Why?
Client Services 30: I'm not certain what the excess volatility was at that moment.
you: OK Thanks.

6 pips has rather a detrimental influence in the EAs. I am up to 6 trades in my 10points3... it is rather important that the transfer closes successfully. Needless to say, the price is now moving

and there is another picture here in order to share with you men. BEWARE OF HUNTING STOPS.

http://www.marco-family.co.uk/big_spread.jpg

Regards,

David

They dont care if you straddle. The enlarged pip spread put you out of business, unless you straddle more than 20pips. That's no problem for them, coz they can pick up your order later, normally they suspend platform for about 2minutes during busy financial event, depends on the volatility. If they've hedged enough position, they'll put you in the commerce, if not, they will decide the 1st move after release in the freeze widen the disperse to put you and to put you near the stop loss. I found price in the wholesale market, and comparing to my North Finance and InterbankFX account, guess what?! There's no spike!!! If you visit short NFP, preNFP includes a long initial spike as much as take you hedge order, thats the move that is optimized from the trigger regular on their server. Guess why they need 2 server to seperate live and demonstration?! Use your mind and think about it. Utilize your dick if you dont have 1. WHAT?! DONT HAVE?!!! LOL... just kidding.

They do care, if you are successful. Visit the IBFX forums on , and do a search. Clearly some folks were so they had to develop principles about countering...

EA sends sell/buy signals as transactions are executed and they can view it, disable itgive strange quotes to make your EA behave funny if they'd wish it.

InterbankFX says that if transactions are closed and opened within 3 minutes it is considered scalping and they disallow it. Anything remains scalping but they can deal with this. I believe its because of the broker trade mechanics (that they have to set the trades via a clearing house, at least everything that is not micro and mini).

EAs ARE BUGGY! There a lot of lame programmers and wannabe programmers that produce. . They must keep your eye on it and it burdens their systems.

I am quite sure they cannot see your code. That would be a major violation of all that and copyrights. Them will hang .

They do care, if you are successful. Visit the IBFX forums on , and do a search. Obviously a few people were so they needed to develop principles about Alpha...

you are able to create an EA that scalps one pip on 2 distribute pair. So basically it eats about the sounds. 1 pip is not much but what if it wins every 25 minutes. .

So is this a qustion of morals, or did you wish to know the reason? The main reason is over limit on orders. I haven't been good at figuring out someone else's morality. LOL

I am just saying that if the broker has a limit on the amount of open trades I could have at one time then their system should reject any orders I ask that exceeds the limit.

The original poster has a legitimate question: can brokers see (steal) our EAs. There would be a massive uproar, if the answer were yes and this is not something which MetaQuotes could survive. I am not a proficient programmer but there are loads of developers who might find the answer out for certain and I believe if brokers did it would be known. By passing through the world wide web, the EA code would have to be uploaded through MT, any network sniffer could pick up this. Of course they'd encrypt the source file but I concur that it would violate copyright legislation and more.

I do believe that the MQ Championship is partially done to get your EA that you must send them although they say they won't decompile them. Since they wrote the software they could decompile them readily if they wanted.

For most brokers the client with an EA is just another way to choose the customer's money, otherwise they wouldn't provide MT at all. My understanding is that brokers choose the side of trades so they simply become interested in what the client is performing as soon as the client begins making money.

A previous poster mentioned the price of trades and canceled trades. I believe he meant a price as in excessive load. But on a demo account since the servers are separate I don't see them caring since of slowing down a demo server, the consequence aren't as vital as servers.

Hope that helped.

I don't know if there is a way they could see what you is using, but I have seen something happens periodically on MT4 (I'm using NF).

I use snoopfree utility to block key and screen loggers. Frequently when I chance to open a file in the Editor, and periodically though randomly, and usually if a major change is made, I get the screen access attempt caution, so that I think that perhaps there is a system which takes screen shots in the platforms from time to time.

This happens on demo or real account too.