I had to register here to chime in on this. I know first hand what's being dealt with here and the full story is not being told.
There was indeed a "hacked" MT4 client - I have a copy of it and I know exactly how it works. It was accompanied by an EA that had a variable in it that you could arbitrarily set to a number of pips (I have a decompiled copy of this as well).
The EA would enter both a long and short order on the same pair immediately. At a random interval it would exit the position and re-enter the same position less than a second after it exited. However, the EA would force the MT4 client to re-enter at a price not offered by the broker. So, for example, it would exit a long position at 1.3070, then re-buy a millisecond later at 1.3068 (giving an immediate 2 pip profit, which circumvents the spread and gives you an immediate profit). The aforementioned variable was the amount of pips in your favor the entry would force the broker to give you. It worked with dealing desk brokers who had instant execution.
If the plaintiff's were to show their trading record, you would see that the trades they made were technically impossible.
You can see it in action here: MT4i - kadilak_hunter - 1000 to 500,000 in 2 days on a demo.
There was indeed a "hacked" MT4 client - I have a copy of it and I know exactly how it works. It was accompanied by an EA that had a variable in it that you could arbitrarily set to a number of pips (I have a decompiled copy of this as well).
The EA would enter both a long and short order on the same pair immediately. At a random interval it would exit the position and re-enter the same position less than a second after it exited. However, the EA would force the MT4 client to re-enter at a price not offered by the broker. So, for example, it would exit a long position at 1.3070, then re-buy a millisecond later at 1.3068 (giving an immediate 2 pip profit, which circumvents the spread and gives you an immediate profit). The aforementioned variable was the amount of pips in your favor the entry would force the broker to give you. It worked with dealing desk brokers who had instant execution.
If the plaintiff's were to show their trading record, you would see that the trades they made were technically impossible.
You can see it in action here: MT4i - kadilak_hunter - 1000 to 500,000 in 2 days on a demo.
All along, I thought that if the data came over to the Local PC's memory, that it could be tweaked in some way. You'd have to read the memory address where the data was stored and overwrite it. I dunno, just talkin' here. But what GENIUS work!!
