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Get a professional programmer and u will see a far better job.I am not referring to these hacks as professionals .
There are good pros worth their money in gold.You pay peanuts you get monkeys and go monkeynuts.
99 % of the free stuff on message boards is rubbish xxxx and I would not use it because it is written by hobbyists
El cid
For me, the most important thing in having someone program for you (though you really should learn to program it yourself), is that you can trust the programmer. Is he/she an honest person? Will they try to sell your idea, or share it with everyone they know and their dog? If you already know the idea you have is truly a good one, make sure you can trust the person who is writting your program. That is one of the big reasons I could never get myself to hire a programmer. That, and I'm too cheap! And I wanted to learn programing in my future anyway.
So, learn yourself, or find someone you can trust.
Your right. MT4 is my stepping stone too. I still use it for back testing, as it is what I am used to. You can get free tick data now though from Oanda for five majors, going back to like 2000 or 2001 I think. You do have to have a real account with them though, and have atleast $1,000 in that account.
Yeah, I looked into hiring out for java, but like you said, you really don't want to dish out the money and give your idea to someone else! I have been paid by a couple people to make EAs, and I am happy to take the pay, but the ideas they wanted me to program didn't look very good to me, so it wasn't a big deal. But with my program, I already backtested it and varefied the backtest was accurate by hand with several trades, so I know my idea is good and I would hate for it to get sold to someone, and eventually everyone knows it and it would probably stop working with everyone and their dog using it! So, my two cents to you would be to learn java for yourself. As I mentioned earlier, their Example2.java file is a great example of most everything you need. It was way over my head the first time I looked at it, but I had a friend help explain it a little to me, and I picked up the rest of whatever I needed.
Willis
Your money with forex brokers is not secure ,so I reccomend using 3 to 5 different brokers each having 20 % of your capital.Don't put all your eggs in one basket.
Some traders dissapeared from trading after the FXCM related fraud two years ago , they have lost everything with Refco
It is my humble opinion that MT4 was made for the Brokers to do better business for themselves, not for the client. This may seem obvious to some who realize that MT4 is free for us the clients and Metaquotes gets their income from the brokers who pay to use MT4 as their platform.
MT4 is a well developed, user friendly platform.
But I agree that MT4 is used by brokers to rip off clients through re-quotes and other ways.
Hope Oanda will increase their leverage and improve their charts/interface.
It is my humble opinion that MT4 was made for the Brokers to do better business for themselves, not for the client. This may seem obvious to some who realize that MT4 is free for us the clients and Metaquotes gets their income from the brokers who pay to use MT4 as their platform.
Bingo, this is definitely an issue that isn't addressed or realized by enough people. MQ has to be making some money somewhere since the platform is free and non ad-driven for the end trader, it is obviously coming from the broker. And unless it was advantageous to them in some way, either because they don't have to develop their own solution or because it makes them money, they wouldn't use it. It would actually be pretty interesting to take a look at the server-side software and see exactly the options that the brokers have.
Anyway I would probably go back to Oanda (with IBFX now) if they supported true hedging on a single pair instead of having the orders cancel each other. The spreads would definitely help with scalping.
Anyway I would probably go back to Oanda (with IBFX now) if they supported true hedging on a single pair instead of having the orders cancel each other
Bingo, this is definitely an issue that isn't addressed or realized by enough people. MQ has to be making some money somewhere since the platform is free and non ad-driven for the end trader, it is obviously coming from the broker. And unless it was advantageous to them in some way, either because they don't have to develop their own solution or because it makes them money, they wouldn't use it. It would actually be pretty interesting to take a look at the server-side software and see exactly the options that the brokers have.
Anyway I would probably go back to Oanda (with IBFX now) if they supported true hedging on a single pair instead of having the orders cancel each other. The spreads would definitely help with scalping.
all ther brokers are the same , another broker who is not metatrader is notorious for requotes C M C
And I wanted to learn programing in my future anyway.
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