Hi all
I wonder if anyone has looked into the possibility whether
it's technically feasible to get a mt4 broker to realize your ea or indior etc?
I am not talking of intent here - only the technical possibility if a broker actually wished to, could they view/ pull your indior/ ea code?
Can there be a standard setting on the MT4 server side which permits a broker to do this, or possibly a third party plug available to them?
The reason for my starting this thread would be I have read about as well as experienced instances where an EA/ Strategy works nicely originally returning consistent profit, then suddenly 1 day it starts to deteriorate.
Now, I love that this may just be a change in behavior to the traded currency pair, or there might be other reasonable explanations. But is it deliberate?
I have been told that the MT4 server side setting permit a broker to isolate and report accounts which are returning over a certain specified value of yield. Question is, how exactly can the brokers make use of this reporting feature?
There are larger repercussions possible, for example theft of intellectual property, targeting of profitable accounts by introducing mechanisms to specifically bog down profitable egies, etc.. Not saying that this happens, but it would be fine hear other peoples experiences in this regard, and possibly get opinions from techies whether anything may be possible technically, and in that case, what will the traders do to counter it.
Please post your ideas/ experiences.