blocking robots?
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Thread: blocking robots?

  1. #1
    Do some brokers block the use of a robot?
    The robot works excellent live on Oanda with the code.
    But won't conduct live on Finpro or even Tradersway.
    Arethey going say , oh there's an additional fee for using a robot...
    They offer very large margin which is appealing for Martingale, grid and robots.
    Subsequently surprise... oh there's an additional fee...?
    Anyone have experience with this...
    Why can it run just fine on Oanda live... but not others.

  2. #2
    A charge for using a robot is a bit strange.
    Normally a broker is unable to see if you are trading manually or automated, I have never heard of a EA fee before.
    Perhaps the fee you are referring to is for the use of a host so that the EA runs on the brokers host rather than your PC?
    One of the reasons that the EA may be profitable with Oanda rather than with all the other brokers you tested is because of the gap in the spread?
    If you would like a very clear response you want to provide much more detailed information regarding the specific conditions ...

  3. #3
    Quote Originally Posted by ;
    A fee for utilizing a robot is a bit strange. Normally a broker is unable to see if you're trading manually or automated, I have not ever heard of a EA fee. Maybe the fee you're referring to is for the use of a server therefore the EA runs on the brokers server rather than your PC? One of the reasons the EA may be profitable with Oanda rather than with the brokers you tested is because of the difference in the spread? If you'd like a very clear response you need to supply a lot more detailed information regarding the exact requirements ...
    HA HA. . I hope AI did not plant any ideas to the brokers. To figure out how to block robots and then bill fee...
    The problem is that the robot requires a unique code for each account it runs on. I didn't understand that. But the designer, a routine on forexsoutheast.asia is generating the codes now. Feeling greatly alleviated. It's been like climbing Mt. Everest just getting the off coast brokerage account set up and funded. So should be ready to go Monday and installed. .

    This is the best algorithm I've seen. I tested it and then I had to buy it.
    https://www.forexsoutheast.asia/gene...ng-posted.html
    https://www.forexsoutheast.asia/atta...4874024623.pdf

  4. #4
    I'm trading with 'Hanseatic Broker' for months and they're okay with Hedging and EA.
    Found execution rate is also good, though I don't use it at the high effect news hours. And I don't think anybody should do that!

  5. #5
    Quote Originally Posted by ;
    quote Thanks. I contacted the person who left the robot. It had a specific code for the transaction account in order to exchange. Therefore it wasn't the broker. Glad you found a broker you are familiar with. I intend to prevent news releases and data particularly during US market. Intend to trade from London available to New York open. 4 hours that's it.
    Good though I love to exchange daily chart. But for EA H4 is good.

  6. #6
    Quote Originally Posted by ;
    I'm trading using Hanseatic Broker for several months and they're fine with EA and Hedging. Execution rate can be good, though it is not used by me at the effect news hours. And I dont think anybody should do that!
    Thanks. I contacted the person who left the robot. It needed a particular code for the transaction account in order to exchange. Therefore it wasn't the broker. Glad you found that a broker you are familiar with. I certainly intend to avoid news releases and information throughout US market. Intend to exchange from London available to New York open. 4 hours that's it.

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