I ditched it but
I did a bit of further investigation into to it to try and figure out what it was doing.
What it seems to do is this.
It gets the two different Bid and Ask prices and follows the logic below for EurUsd on 5 digit accounts
If bid - 0.0001 >= otherAsk then Sell
If ask <=...
What broker pair
I've only had success with FXCM and Alpari on demo. All others I've tried seem to either break even or lose over time.
Can you give us some idea of the amount you made also. In demo I was able to bring an FXCM accountup from £2,000 to £40,000 in a few days but I've only...
No can do!!
I've just been to the Forex4you site and tried to open a Cent account. Unfortunately they don;t accept customers from the UK (or US for that matter)
I'll have a hunt around for any other Penny/cent brokers but if you know of one do let me know.
I'll try the DEMo wih them...
Ip address
If you downloaded the Penny Pip MT4 you will find a file in \Prgram Files\(MetaTrader)\Config
With a .svc ending. If you load that file into notepad, although it's not plain text, you shouold be able to see in there the IP and port address of the server.
If when you load it...
Change to test setup
I've made the following changes to the ACM vs Alpari test
GbpUsd EurUsd on ACM set to not trade
AudUsd on Alpari set to not trade
I've left the JpyUsd trading on both for now as, after closer examination of the results, it was not loosing or winning much on either...
Let's give it a try
Free2Day.
I've tried to reply twice before to you message but for some reason they have not come through.
I'm going to look at that site you suggested and I'll get back to you but I want to carry on the current tests for a while longer. I only have two PCs that i use...
Sounds like a plan
But I really don't want to download yet another instance of MT4.
I'm looking at their site now but if you already have an instance of MT4 using them, live or demo, could you tell me the server address that way I can just add it to an already existing MT4 instance...
I'll try it on DEMO at that site first FXCM vs Alpari test the other is running the ACM vs Alpari test. WAnt to leave them running a llittle longer. Will move on this new test Monday. That OK by you?
Now I'm totay confused
That should be Totaly confused.
Quick update on findings so far.
Just to remind everyone this is on DEMO accounts not LIVE
The FXCM vs Alpari UK. Alpari set not to trade
Lot Size set to 1.00 Start balance on FXCM £2,000
Current balance £24,200 +
ACM vs...
JUdge by results not tools used
Of course some hackers use .NET Framework as they they also use any other programming tool to gane access to your private information. .NET Framwork is no more or less secure than J2EE or any other Framwork a developer may choose to use to develope a software...
Things may not be what they Seem
Ok, still running this bot on test with FXCM and Alpari UK. Alpari - UK set to not trade. FXCM demo balance now stand at £18,500 +. that's the good news (maybe).
In view of the comments made by some on here I've tried testing the bot on other accounts. Using...
No they don;t say in manual
That's a question I'd like the answer to but I'd guess that it would work, after all the price feed from the loser broker should be the same regardless of it's demo or live.
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