Reitings: Full Star Full Star Full Star Full Star Empty Star
Important - Auto Update Issue
Iepriekšējās 1 .. 15 16 17 18 19 20 21 .. 26 Nākamais
shinobi_brian

Biedrs kopš Apr 28, 2010  8 ieraksti Brian Wright (shinobi_brian) May 29 2013 at 20:09
OK, I managed to get the EA to work, I had entered my email address in lower case, whereas the EA is case sensitive.

beren

Biedrs kopš Aug 21, 2012  47 ieraksti beren May 29 2013 at 20:21
xrustx posted:
Will not you be so kind as to explain the difference between burglary and 'reverse engineering' of the transport protocol?
And you in this case are different from the 'carders' stealing money from other people's accounts?


I read through all 7 pages of oddly-translated-from-russian comments on mql5.com. The only way I could charitably give them a point is if there's some terms & conditions that brokers sign when they obtain the MetaTrader platform from MetaQuotes. If they state that they won't allow third-party access or something like that, then I suppose maybe the BROKERS could be in violation of a contract with MetaQuotes. Please note that I'm not saying this is the case, but just that it's the only potentially valid point in there I can think of. And even that is 100% conjecture. Regardless, the official MetaQuotes stance on that thread is so odd that I really can't comprehend it and wonder what I'm missing.

On to your question (accusation?): if Myfxbook reverse engineers a protocol, it is NOTHING LIKE burglary or carders stealing money. If you honestly don't understand this, now you know. Reverse engineering a protocol happens all the time in technological circles, and there is nothing inherently wrong with it. The only thing 'wrong' with it is that it's an undocumented feature, which leaves it open to being changed or removed at any time.

A couple years ago, I started a company built on some products MetaQuotes offered. I thought it was a good idea. I let them know about it and got a couple responses, and suddenly everything went quiet. I finished the product, it all worked technically, and then, what do you know, MetaQuotes put out essentially the same thing. That's been my experience dealing with the company. I'm not saying they stole my idea as they were working on it in parallel, but they seemed to have no interest in working with me even though having me incorporate their system would have been a win-win.

In this case, as has been mentioned numerous times before, if MetaQuotes offered an API, they could even charge a reasonable amount for it and likely all these third-party companies like Myfxbook would be happy to use it. The companies that usually do best are the ones that provide an open ecosystem for use of their products. This is standard with pretty much every software company out there, from Salesforce to your credit card processor to Microsoft to ... well, everyone except MetaQuotes. Even Myfxbook has a published API to encourage third-party use and development.

The official MetaQuotes comments from Renat seems to be this (translated from Russian):

Not everyone has noticed how changed our approach. From the creation of a free infrastructure for the other, where a bunch of third-party companies receiving of benefits from ecosystems created by us, we moved on to note just in their own hands. Our services are developed and launched new ones, so wait for news.

While third-party companies have received benefits from MetaQuotes, MetaQuotes is also receiving benefits from third-party developers. The more tools like Myfxbook there are, the more attractive MetaTrader becomes compared to the competition.

The real point here is 'our services are developed and launched new ones, so wait for news'. I'm not sure if this is news of a documented public API, or news of competing services, but either way I guess we'll find out soon.

jagui

Biedrs kopš Nov 26, 2009  33 ieraksti jagui May 29 2013 at 20:21
This is plain shit from metaquotes.
It is my right as a trader to let other access my account with the investor password.
MQ is not respecting traders, at first.
I bet they want to protect their built-in copy-trade service.

There's always something to improve
petays

Biedrs kopš Mar 28, 2011  86 ieraksti petays May 29 2013 at 21:52
jagui posted:
It is my right as a trader to let other access my account with the investor password.


It might be not so straigthforward unless your are sure that you understand all involved license agreements 100%.
IMO there is four parties here: you, myfxbook, your broker and MetaQuotes.
You should have license agreement/POA/LOD with all three other parties to be sure that you know what you can expect from other parties and vice versa. Legally this can be quite complicated even if we are not talking about hacked protocols.

If you give Myfxbook your master password and POA/LOD to trade on behalf of you then you could sue your broker if they are blocking Myfxbook, I think. Even though it is not your broker fault but MetaQuotes. I'm not a lawyer so this is just speculation...

When some people get rich they tend to be arrogant. Maybe M***Quotes is getting too rich?
And when things turns to be about legal issues, we, the customers tend to be in the weakest position!
If you have read for example Myfxbook license agreement (terms and conditions) you know what I mean.

And thank you beren of your interesting story, I agree that will find out sooner or later what's behind this 'scheme'.
(money, i'd say)

Being Bearish or Bullish Makes No Difference
FXKaiten

Biedrs kopš Aug 22, 2011  12 ieraksti Systematic Trader (FXKaiten) May 30 2013 at 05:59
Metatrader is at war with its entire client base. If they want to control everything at the expense of allowing users the choice of best-in-class services, then they are on their way out. This is the approach that Apple took in the 80's which is why 92% of the world has Microsoft on their desktop. They have already proven that they are out of touch with user requirements in their disastrous MT5 implementation (every EA I have written hedges either intentionally or not). I am converting my robots over to cTrader. A healthy eco-sphere of services is critical to this industry I and hope that it's not too late to avoid the elimination of all the good third-party providers (myfxbook, Zulutrade etc.).

MAR > 3
mikemcbain

Biedrs kopš May 06, 2013  11 ieraksti mikemcbain May 30 2013 at 06:05
Since I re-loaded the myFxBook EA to each of my accounts yesterday they have continued to update normally however I too have the Verification problem of the Investor Password being blocked or coming up as Wrong.

GBLab

Biedrs kopš Apr 05, 2012  93 ieraksti GBL (GBLab) May 30 2013 at 06:38
The same problem - EA updates all of my accounts normally, but there is no verification. I think they must do something about it as soon as possible, otherwise Myfxbook will lose a lot of its credibility.

Staff

Biedrs kopš Jul 31, 2009  1368 ieraksti Ethan (Staff) May 30 2013 at 08:33
GBLab posted:
The same problem - EA updates all of my accounts normally, but there is no verification. I think they must do something about it as soon as possible, otherwise Myfxbook will lose a lot of its credibility.


Verification is already running and will take several hours to complete for all accounts. New accounts can also use the 'connect' button in the account settings which will verify the account immediately.

Aplmustdie

Biedrs kopš Jul 05, 2011  303 ieraksti Aplmustdie May 30 2013 at 08:41
Staff posted:
GBLab posted:
The same problem - EA updates all of my accounts normally, but there is no verification. I think they must do something about it as soon as possible, otherwise Myfxbook will lose a lot of its credibility.


Verification is already running and will take several hours to complete for all accounts. New accounts can also use the 'connect' button in the account settings which will verify the account immediately.


Sorry, but the connect button will not verify the account using the EA. The message given is: cannot connect to your account. Please check the login credentials. The Credentials are correct, but it still will not verify.

James_Bond

Biedrs kopš Jan 14, 2010  556 ieraksti James_Bond May 30 2013 at 08:48 (labots May 30 2013 at 08:49 )
beren posted:

The official MetaQuotes comments from Renat seems to be this (translated from Russian):

Not everyone has noticed how changed our approach. From the creation of a free infrastructure for the other, where a bunch of third-party companies receiving of benefits from ecosystems created by us, we moved on to note just in their own hands. Our services are developed and launched new ones, so wait for news.

While third-party companies have received benefits from MetaQuotes, MetaQuotes is also receiving benefits from third-party developers. The more tools like Myfxbook there are, the more attractive MetaTrader becomes compared to the competition.

The real point here is 'our services are developed and launched new ones, so wait for news'. I'm not sure if this is news of a documented public API, or news of competing services, but either way I guess we'll find out soon.


That is simply arrogant nonsense. They think they can control the market because of their market share but they're about to find out they're wrong. Take for example cTrader - a platform which is ten times more advanced and open; they're working already on an open api and it's taking them a fraction of the time it took MQ to get to the same position. Even their pricing model is better - while MQ offer their platform to brokers for $100k, cTrader offer a monthly lease fee (about 2% of MQ's price).

Their 'big' news is this: https://forexmagnates.com/exclusive-ifxexpo-announcement-metaquotes-to-launch-3rd-party-provider-marketplace/

The above is another stupid move trying to show as if they're moving toward the traders. Do you really think they will be offering an open client api so that it will help their competitors such as zulutrade? Of course not! That is why they're blocking everyone. Even though some firms hacked their protocols, that only emulates their MT4 trading platform. Brokers actually do not care about this as the more trading they get, the better.

MetaQuotes, if you're reading this, then wake up and smell the roses - you're not the best platform out there but definitely have the worst customer support and awareness. I will be moving to cTrader and suggest everyone to do so! It may take months or years but if brokers stop getting clients on MT4, they will no longer pay MetaQuotes and hopefully they will learn their lesson. They are trying to be Apple vs Android - you can't beat an open source project with your closed eco system.

BTW, MQ please stop bragging about your eco system - this eco system was built upon the hard work of thousands of traders which you're now working against. This is the start of your end, it's only a matter of time.

Iepriekšējās 1 .. 15 16 17 18 19 20 21 .. 26 Nākamais
Consumer Price Index (28 min)
The Margin: New name in works, again, fo...(1 day ago)
EURUSD 1.17261 GBPUSD 1.34078
USDJPY 111.359 USDCAD 1.28715

Tools

Kopiena

Apskats

Brokeri

Platforma

Atbalsts


Twitter |  Facebook |  Lapas karte  |  Noteikumi  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.