Code to prevent Rogue Trades

Printable View

22:04,
coticoti

Code to prevent Rogue Trades

Im searching to get a ea that will prevent Rogue Trades because this has been a problem in the past have experienced this also.
The code would need to check to see whether the ea really placed the trade.
thanks,
18:20,
javitc10

Get the EA see if the EA's magicnumber is matched by the magicnumber and scan through the trades. If it does, then don't trade...
19:41,
coticoti

Quote:

Originally Posted by ;

Only have the EA scan through all of the transactions and see if the magicnumber matches the EA's magicnumber. If it does, then do not trade...

thats exactly what I thought, do you know if the broker is able to observe the magical amount in there backend = mt4. . .if in order that it can be spoofed by them. . .do you have any other thoughts about this issue?
21:01,
coticoti

Quote:

Originally Posted by ;

The brokers can see EVERYTHING related to your order. (Magic Number, Comment, Manual or EA, etc..) - They can monitor your performance that is individual and place you in the 'winners' group or 'losers' for processing thats why you have to pick on honest brokers. You cant hide from them therefore that the only choice is to receive a broker that doesnt trade against you.

Can you name any Honest Brokers?? ...
22:22,
Jarventidos

The brokers can view EVERYTHING associated with your order. (Magic Number, Comment, Manual or EA, etc..) - your performance that is individual can be tracked by them and put you at the 'winners' group or 'losers' for selective processing thats why you need to select honest brokers. You cant hide from them so the only choice is to receive a broker that trade against you.

All times are GMT. The time now is .
Risk Disclosure: Forexintuitive will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Forexintuitive would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Forexintuitive doesn't bear any responsibility for any trading losses you might incur as a result of using this data.