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Overview
Arbitrage Trading MT4 is a specialized expert advisor that automates trading operations based on quote differences between a slow MT4 broker and a faster MT4/MT5 broker or multiple fast brokers.
The Concept of Arbitrage Trading
Arbitrage trading is a strategy that arises when brokers have different liquidity providers, leading to a time delay in quote updates with a slow broker compared to a fast broker. This forms the basis for predictive Forex trading as future prices can be predicted over a short period. The Arbitrage Trading MT4 robot can open an order on a slow broker in the direction of price movement on a fast broker, thus performing arbitrage trading.
Optimal Conditions for Arbitrage Trading MT4
For optimal results, the expert advisor should be placed on a VPS server located as close as possible to brokers, typically in locations such as Chicago, New York, or London. Standard accounts are recommended over fast ECN/STP as the slow MT4 broker. The best results are often achieved on a new broker where there are no clients utilizing arbitrage. The task of identifying brokers where quotes lag is the responsibility of the trader.
Key Features of Arbitrage Trading MT4
Arbitrage Trading MT4 comes with several features that ensure effective and efficient Forex trading. It allows simultaneous connection to up to 10 brokers, offers control of the number and duration of transactions, and ensures automatic and manual alignment of quotes. Furthermore, it provides control of risk and maximum profit, slippage plug control, and control of the plug-in execution of transactions. Additional features include virtual stop loss and take profit, virtual trailing stop and breakeven, and automatic lot calculation depending on the signal strength. Lastly, Arbitrage Trading MT4 allows dynamic calculation of entry/exit values from a transaction.
Setup, Data Analysis, and Trading with Arbitrage Trading MT4
Installation of the expert advisor or connector on the chart of the selected symbol on several brokers on the same computer is straightforward. On the lagging broker, enter the number(s) of the trading account to be connected (presumably the fast broker) in the ACCOUNT_NUMBER_1,2,3,4,5 field. With the correct setup, the advisor begins to accept and display various data of the current and all connected brokers.
FAQs
What is the main advantage of using Arbitrage Trading MT4?
Arbitrage Trading MT4 provides an automated solution for predictive Forex trading, exploiting the difference in quotes between slow and fast brokers. This can lead to significant profit opportunities.
Can I use Arbitrage Trading MT4 on any broker?
For optimal results, it is recommended to use Arbitrage Trading MT4 on a new broker with no clients using arbitrage. The trader is responsible for identifying such brokers.
Is there any risk control with Arbitrage Trading MT4?
Yes, Arbitrage Trading MT4 provides several risk control features, including control of the number and duration of transactions, slippage plug control, virtual stop loss and take profit, and automatic lot calculation based on signal strength.
For further details and independent testing of Arbitrage Trading MT4, visit the forexroboteasy.com website. There, you can also subscribe to updates on the results of testing this product. If you have used this product, feel free to share your experiences. Remember, this is an independent product review written from an unbiased perspective.
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