Part 3: Mobile Trading w/Cingular IPAQ HW6515 Series PDA and IBFX MetaTrader 4 Mobile

Link Back to Part 1: Part 1: Mobile Trading w/Cingular IPAQ HW6515 Series PDA and IBFX MetaTrader 4 Mobile

Cost of Wireless Connectivity:
My plan, stacked on top of my existing cell phone minutes plan, gets me unlimited data transfer and 200 Text messages a month for about $20, however it ranges as high as $40. My son uses his MySpace to send text messages for free via the MySpace Internet WebSite, so if you are a text message fanatic, you could consider that as an alternative to save yourself a few bucks a month.

The Wireless Trading Platform:
Here is a link to the Interbank FX Wireless Trading Platform. You really, really, really need to read through this tutorial. http://www.interbankfx.com/wireless_trading.php . It is short and there are not too many surprises in it if you are already familiar with the main platform.

Various Tidbits Concerning the Mobile Platform from Various Forums:
FOREX-TSD (Trading System Development)
Mobile Trading/Technical Requirements/Automated Trading Championship

1. Custom Indicators and EA’s cannot be used. This is a very big negative for Most people.
2. Q. By “edge-t”. This is a dumb question, but I was just wondering. Suppose you are using the same account on both MT4 and MT4 mobile, but you left your computer on running MT4 then you leave to go outside for a walk or dinner.
You decide to check your mobile for the status and decides to close the position. Is it possible to close it while the MT4 on your computer is still on?
Another thing. After setting your SL, TP and trailing stop, you shut down MT4, will the SL, TP and trailing stop still be activated upon hitting your target on the broker's server?

A. from Project1972:
Yes it work(s) fine

I have several laptops running some EA all the time on live accounts, when I go out I bring my 8125 (windows mobile 5) and I can check all accounts from there, even I can close, open orders, modify and set TS from my mobile

You don't need to have the mobile on, to make TS work, it appear to be server side.

You can setup different brokers, but you will need an additional software to close the MT to start another MT broker because windows mobile don't close any software, it only put it in background and you can't have two MT running on mobile at the same time.

Windows Mobile did a real change in my life, to me, is like the invention of the cellular phone, I love it.
Synthesized answer: If you set SL, TP etc and shut down your MT4, the orders will work. However, for the Trailing Stop you need to keep your MetaTrader on. For everything else, you don't, since its kept on the broker side (on the server). It is not in the server, but in MT4! Be careful.

Where To Find Low Prices For Gear:

PriceGrabber.com or eBay. I would recommend you do a price search on Pricegrabber.com for extra connection cables, SD Memory Cards, PDA’s, extra Software, etc..

For example: I needed a cable to tether my Motorola Razor 3Vxx Cell Phone to my Laptop for Internet Connectivity. I was able to find both the cable and the Motorola Phone Tools Software for a grand total of $8.64 from a PriceGrabber storefront, instead of the $55 price tag from Best Buy. Watch the shipping costs carefully during checkout!

Off Topic: Motorola Phone Tools:
“This application enables you to share the information contained in your mobile phone with your computer. Once your mobile phone is connected to your computer, the following operations can be easily processed: place and receive calls; send and receive e-mails and SMS; synchronize your phonebooks and calendars; load, create and modify ring tones for your mobile phone; launch a GPRS session, etc.”

Extra Information:

Here is a review of the up and coming HP6900 series with built in Global Positioning System (GPS): http://reviews.cnet.com/smartphones/...&autoplay=true . Approximate cost of the 6900 series, $599. Includes Bluetooth, WiFi, Push email, Edge, and GPRS (see description below).

Another 6515 Review: http://www.mobile-review.com/pda/rev...w6515-en.shtml

A MetaTrader 3 Mobile Tidbit: http://www.metaquotes.net/forum/1976/. See the Last Post.

Email not working to the Cell Phone from the MT4 Desktop Platform: http://www.metaquotes.net/forum/236/



CNET Tips and Tricks
by John.Wilkinson- 6/29/06 5:48 PM
1.) According to HP you must download your free copy of Microsoft Pocket Streets, or choose your own mapping software, in order to utilize the GPS option. Check the original documentation for a URL or instructions on where to download the software from...it's normally $25 from Microsoft.

2.) You cannot access the internet on the iPaq hw6515a without using the cellular network because it does not have integrated WiFi. This would be possible, however, if you purchased a WiFi-enabled SD memory card. (Note: The instructions would come with the card.) You could then connect whenever you are within range of a wireless hotspot. - John

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End of Part 3 – The End.


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