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Old 2009-04-24, 09:26 AM   #10 (permalink)
rsmereka
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Trader for 8 - 12 years
Location: Southwestern Ontario, Canada
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Quote:
Originally Posted by pipsbuster View Post
Also, I just discovered one interesting thing: Forex MegaDroid employs a "stealth mode", which makes it absolutely invisible for brokers. Therefore, brokers cannot even tell the trades were placed by a robot, not to mention determining which robot it was. As a result, you can safely use MegaDroid with ODL and other brokers that do not favor scalpers and openly state so on their sites.
Actually, MegaDroid does record a magic/reference number with the trade so it is not completely stealth mode. The MegaDroid manual recommends changing the magic/reference number frequently and I suggest that we all do just that.

To illustrate a comparison. When you place a manual trade using MetaTrader, the only thing recorded is how the trade ended. If the trade ended by a TP trigger, the only reference will be '[tp]'. If the trade ended with a stop loss trigger, the only reference will be '[sl]'.

If you analyze the html code from a statement file, you will see what I mean.

Rick
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