I don't think there are hacked copies of MetaTrader - I've heard about it before, however never seen one. The issue here is that anyone can pay up the $100k fee to MetaQuotes and buy their own MetaTrader server, then manipulate it.
Welcome to the world of IT professionals.
What I mentioned above, is the basis of simulation trading.
1.) you see what happens real time
2.) Since you know which way the market goes, and how much it moves, you can now place your trades within the historical data--- It it similar to backtesting with metatrader strategy tester. Since you have the historical data, you can fine tune your setting within your EA to maximize the results.
I wasn't implying a real time strategy as you mentioned. I was referring to making a trade within the history after the move has already begun. Lets say EURUSD spikes up 100 pips at a news release, now that you know the move, you enter your position in the platform as if you had the position entered BEFORE THE 100 Pip spike.
As far as hacked copies of Metatrader, I do not think you even need a copy of Metatrader, since the Mt4 publisher is a simple HTML format. which can be changed as you wish.. I am sure all you need is a website with Login access with html data for MFB to verify the history -
Also you can change everything once Mt4 publisher is generated. You can change the brokers name, deposits, trade history etc. - Now this is only good for screen shot manipulation or for Uploading statements to another Forex statistic publisher. (there are several) but for MYFXBOOK things get a little tricky.
How to list your brokerage on Myfxbook(MFB) = Maybe Staff can help us with this
1 - you need to submit your IP address for the server. Website - etc - ( Being regulated isn't needed obviously)
2 - Once your bucket shop is listed on MFB - you can provide your login details for verification
3 - You can enter a trade - position - ''data String'' into your platform - website - etc with the verification code provided by MFB to verify trading privileges
4 - Once your phantom account is setup, you can now engage in Simulation Trading and update your account as needed aka. delayed Real-time ( 5 minute interval is the fastest possible)
Like I said above, I do not believe you must have a copy of Metatrader, because you can create a website that can handle this Verification process.
And there you go. Now your account is verified - Hide your broker -- therefore no one can prove you are in fact manipulating the results.
And do as you wish == scamming investors is the most common, selling commercial bots is second, and training new traders is third.
This is the importance of displaying the BROKER and this is the reason why so many ask to display the broker. We have discussed this topic over and over again, and MFB and once again improved this site by adding my transparency.
Now, if your system is Public, you have to display your broker. And so far, several accounts have already been deleted.
Thank you MYFXBOOK for making this the best and most transparent trading community. -