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Originally Posted by jhernandez
I think "hiding" your true SL and TP in your orders is a good idea, so that the brokers won't get ideas to go stop-hunting on your EA. The problem here is that you could lose connectivity and then your EA will suffer a bigger loss in the case of a downturn in your trade.
Also, can they see our source (.mq4) file? Even if we "hide" our SL's and TP's is there a possibility that they can view our source files since they're in the same folder as the executable (ex4) file? Should we have our source and our executable files in different locations to be even more protected from brokers?
Trying not to be too paranoid, but if your EA is winning a lot, that means someone on the other end is losing, right?
Sigh, you work so hard to put something great together that can beat the market and then you have to worry about beating the dealers too.... this is just like Vegas all over again, the house always wins.
Juan
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As I remember the EA with hidden stop loss, trailing stop and ptofit levels were coded by Igorad (for MT4). As I understand it is just pieces of the codes and we may insert it in any EA. So it is not a secret anymore. Just few codes which may be placed inside EA.
And concerning to Profit/Loss protected codes so Codersrugu is having the good article for that. All the articles are
here and profit protector code is
here.
But the brokers are having different data. Sometimes very different. So it may be good idea to have data from one broker trading on the other one. I mean: EA is trading with IBFX having all the data and signals from Alpari. In this case we will not care about any broker anymore.
For example, DayTrading3 EA with timefilter may be profitable for some period of time with Alpari data and not profitable with IBFX data. So, it may be good to have some tool: just attach EA to the chart with IBFX broker but with alpari data only refreashing live. So EA is taking all the data from alpari but modifying/open/close the order with IBFX.