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Broker Server Disconnections / Risk Mitigation
Hi everyone,
Is anybody aware of an EA that will notify the MT4 account holder via SMS or email if the MT4 platform becomes disconnected from the brokers server for a predetermined amount of time, say 2 minutes?
I am using a scalping EA with quite good success at the moment however I am concerned because I have noticed in the MT4 journal that I am experiencing disconnections from the server. Most of the time it is only for a few seconds or minutes, but there was an occasion a few days ago where it was for several hours. I incurred a larger than normal loss however fortunately it wasn't catastrophic. The EA trades without a stop loss, but rather exits trades on a retrace if it detects a trade is going against it. A S.L. can be set but it is less profitable to trade the EA with a S.L.
I am certain it was not the internet connection that failed because it runs on a VPS with other brokers MT4 platforms and they were not disconnected at the same time.
So can anyone point me in the right direction where to find an EA that will help mitigate the risk of being disconnected from the brokers server for an extended period of time.
Alternatively are there any other suggestions that you can think of.
Cheers, Pye.
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