Hi,

I have few question on ZT regarding ability to trade on other broker platforms in equity markets.

1. Is it possible to attach zorro to other/any broker (Non FXCM, Non IB) provided that i have their API access/Direct Market Access (DMA) for trading and data.

2. If yes, then how should i proceed as when zorro starts it just asks for FXCM account details only.

3. Lastly, does zorro has the ability to save the data while cnnected to APIs on daily basis or i have to re-update data after every trading instance.

Thanks...

Zorro can be connected to any broker when someone writes a plugin for that broker's API. How to do that is described in the manual, but it requires programming knowledge beyond script programming.

You can request a broker here and if it has a free API and low spread/commission, chances are that a plugin will be included in a Zorro update.

- For saving price data to the history, you can set the update interval through the UpdateDays variable.

I'm able to write an expert advisor for those using mt4.this is a trading platform most retail traders trading with. If the creator allows an interface for mt4, everyone is able to use zorro broker independent.

What do you thing about it, @jcl?

Sounds like a good idea to me... I believe they are already working on an MT4 addon... so maybe you can offer them some help

Thanks jcl,

well got it, and i assume i have a COM plugin provided by the broker to interact with its trading application. I assume Zorro should work.

An MT4 EA is certainly useful, but a direct API access is preferable. There are two reasons. The first one is that MT4 does not provide a long price history, so only strategies with not too long lookback periods would work with MT4.

The second reason is more serious: Depending on broker settings MT4 reroutes your trade to a "virtual dealer server". It's then not executed in the real market, but in a virtual market structured by MT4 for huge slippage and early stop loss triggering. MT4 has this implemented because it generates extra profit for the broker. You normally won't notice this, you'll only wonder why you lose most of the time. That's the reason why it's normally not recommended to trade real money with MT4 or MT5.

Of course not all brokers use this practice, FXCM probably not. So if you're sure that your broker is honest, an MT4 EA that interfaces to Zorro is a good thing.

I.m trading since 8 years with IBFX (not the best spreads) and I believe this broker is serious amongst others.it also depends in which timeframe you are trading. I have 1m history till year 1999 which leads to a model-quality of 90% in backtests. There are also sources with tickdata available to achieve 99% model-quality.

Yes I believe also that some marketmakers practicing stophunting, but this is also for most a cheap reason they are not able to trade profitable.

Can someone write a plugin for Alpari.us broker or maybe this broker could be included in the new Zorro versions along with FXCM. Thanks

Yes, I am interested although I am just new to Zorro. I heard MT4 is very popular and it can be my next target to learn after I am familiar with Zorro.

Will you kindly share with us ?

Thank you.

Yes, I am interested although I am just new to Zorro. I heard MT4 is very popular and it can be my next target to learn after I am familiar with Zorro.

Will you kindly share with us ?

Thank you.