I want to Create a MT4 " Arbitrage EA"
The basic concept of this "Arbitrage EA" is trading two different brokers against each other. The EA would take advantage of network or pricing inefficiencies between two brokers, sending short-lived orders and capturing 1-2 pips per trade. The EA shares the last price quote and timestamp between 2 platforms, and attacks (place order) at the slow broker by knowing in advance the next price quotes to be received.
In the example below, the EA is acting as master and slave in both platforms.
Metatrader A= Master (Fast Broker) Feeding/Supply Price Information Only
Metatrader B = Slave (Slow Broker) Place and Exit order
If you have experience on developing Forex MT4 Arbitrage EA, Please contact me for more details..
next price quotes to be received.
In the example below, the EA is acting as master and slave in both platforms.
Metatrader A= Master (Fast Broker) Feeding/Suppl
$100 CLP in 1 day
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2 freelancers are bidding on average $100 CLP/hour for this job