Quote:
Originally Posted by hazelj80
what i would suggest to everyone who complains about regular mt4 brokers, it's already a known thing the ODL hates scalping just as 90% of market makers so yes, they will freeze your acct. me, personally, when i make enough money from more than one scalping EA, i will get a custom mt4 to ecn bridge built, then brokers can't mess with the spread cause there is no broker in an real ecn stp.
you all should think about that one very hard. i've seen people on this forum have a custom mt4 to currenex ecn bridge built and they are kickin a s s and taking names! the only way for a mt4 scalping EA is to survive, not through a sorry arse bucket shop. they say and do what the want with spreads, although this is an election yr
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That's some good advice, only thing is, with ECN's you get variable spreads, so most EA would not be reliable. Unless ECN's operate so efficiently that they consistently maintain 3 pips spreads for the majors. I wouldn't know, but from comparing brokers, I see that some offer fixed spreads (bucket shops) and some are variable, (ECN's)
I think your idea is good and that's what I'll do when I get the required minimum to open an account also.
I have provided an article on how to bridge meta trader to an ECN for anyone who may want to look into it further.
Connecting MetaTrader 4 to an ECN Broker | Alan's Forex Blog