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Originally Posted by ElectricSavant
Interesting....So I could reduce my five live accounts at IBFX that trade my EA's to one live account reading my five Demo accounts for example.
The benifit here is one can have as many Demo's as he wishes...(as long as they do not expire) and send the signals to just one live account (IBFX allows three...I go more with permission)
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yes, you could use it this way.
however, there is no sense, as you have the EAs and can trade with them directly, which is better, than duplication.
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ES
P.S. and signal providers could sell this software instead of their signals...hehe
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users could get automatic execution of signals with these scripts and with less latency, than other methods.
they can give access to their accounts and users can copy trades with these scripts. it will work faster than sending signals over internet and executing them.
but there is a security problem - sellers can not control unauthorized access in this scheme and something else must be invented to override this.
as i said, i have also other solutions for signals sellers - sending signals by email, importing and executing such signals from email on MT4 and other brokers. i could also make sending signals out by skype, etc.