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Requotes and EA's
We (3 other people and myself) have been trading in demo from 1 account on a MT4 platform.
The broker we were using was Alpari (witch is considered as one of the better MT4 brokers)
The type of trading that we were doing was all entry's trough market orders.
The morning was not finished and each one of us had at least between 5 -10 requotes and that on 5 different pairs. So in total between 25 and 50 requotes.
My point of view is that this makes it impossible to trade with market orders.
Especially if one is trading from 1 min charts and go for very small profits. Not scalping for a few pips but still between 10-15 orders/day.
Some of the questions that I have:
1) Does an EA coop with that same problem ?...
2) Where if one has a problem with requotes manually by clicking and re-clicking on all the buttons, does an EA have an advantage in speed to coop with the re-quotes ?....Meaning can it put with the speed of light a next attempt till it get filled ?...(meaning can it ask in a split second 15 times to the server to get filled till it gets filled ?)
3) IF an EA can handle the re-quote problem, would a script then be a solution to handle the market orders ?...
Friendly regards...iGoR
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