- ago
Hi,

Can I use wealth-lab (WL) to auto-trade with MT4? Also, where can I get the extension to stream live market data into WL?

Tks!
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- ago
#1
Hi,

Neither auto-trading with MT4 nor streaming data is supported. What is possible though is import historical data in the MT4 file format with the Forex extension
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- ago
#2
That's a shame, coz MT4 allow traders to trade in Micro Lots. Micro lots may looks small with just one trade, but if you start building a portfolio of G7 currencies and all their possible crosses the total position can be too massive for Mini Lots.
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- ago
#3
Quite possibly, but the demand for it has been Micro so far 🤷‍♂️
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- ago
#4
One form of diversification is to trade many markets. With 5 lots of Mini in 5 markets/instruments, you can trade 50 lots of Micro in 50 markets/instruments. Its lots of markets to handle but thats what algo is for. Just my thoughts.
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Glitch8
 ( 12.10% )
- ago
#5
Does MT4 offer an API for their streaming data? If so, then we could develop an integration for WL8.
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- ago
#6
No, an API service is only offered to brokers:

https://www.mql5.com/en/forum/218890
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