+1 646 213 2851 info@fxbrokertools.com Assotech Business Cresterra, Unit-810, Tower-2, Sector-135, Noida Expressway 201301
Request a Demo

We are ready to answer any query you have. Reach out to us now !

Forex Trading Blog Details

MT4 Big Data API
  • 28 Apr
  • 2016

MT4 Big Data API

Recommended : How White Labels can use MT4 Manager API for customized Tools?

Big Data is the process of examining large amount of data to understand patterns, correlations, and trends to understand business information.

The Data related to trading are trading records of various traders over the years that can be used to know the general trend, trader behavior and identify some pattern that can then be used to write algorithms to place trades and predict markets too.

There are two parts to Big Data

  1. Collecting the data
  2. Analytics

The Big Data API for MT4 provides support for collecting data from MT4.

The API can connect to multiple MT4 servers through Manager Accounts, supports fetching historical trades as well as real time trades.

The API is developed to work in such a way as to ensure no trades are missed from the MT4 Server. The data is stored either in MS SQL or time series database.

The Big Data API supports following

  1. Historical Data
  2. Real Trades
  3. Reconciliation Process

The historical Data utility is used to fetch the historical trades while deploying the system for the first time. It supports following parameters

  1. Time duration for which trades are to be retrieved
  2. List of account numbers

This utility can also be scheduled thru a OS scheduler to run at specified time of the day to synchronize the data for a day. This process ensures the data missed due to some disconnection issues are synchronized.

The Real trades’ app is a server based application supporting JSON protocol over web sockets. This stores the real time activity in database as well forwards the data over sockets.

The Reconciliation process involves fetching the records thru the MT4 manager and reconciling it to the database, and in case there are any missing trades, a synchronization request is generated thru synchronization utility.

The MT4 Big Data API is complete package for collecting data from MT4 servers using MT4 manager APIS.

Please connect with us at info@fxbrokertools.com for further information regarding MT4 web api tools

(0) Comments

Leave A Comment

Archieve

Related Posts

  • What Is MT4 Forex Trading Platform ?
    09 August, 2017

    What Is MT4 Forex Trading Platform ?

  • METHODS TO ANALYSE FOREX TRADE
    02 August, 2017

    METHODS TO ANALYSE FOREX TRADE

  • Manager API and Server API   A Study
    26 July, 2017

    Manager API and Server API A Study

  • How To use Trending Forex Trading Strategies ?
    19 July, 2017

    How To use Trending Forex Trading Strategies ?

Latest Posts

  • What Is MT4 Forex Trading Platform ?
    09 August, 2017

    What Is MT4 Forex Trading Platform ?

  • METHODS TO ANALYSE FOREX TRADE
    02 August, 2017

    METHODS TO ANALYSE FOREX TRADE

  • Manager API and Server API   A Study
    26 July, 2017

    Manager API and Server API A Study

  • How To use Trending Forex Trading Strategies ?
    19 July, 2017

    How To use Trending Forex Trading Strategies ?

Popular Posts

  • Risk Management - Forex Brokers
    13 October, 2015

    Risk Management - Forex Brokers

  • Eight Forex Terms You Should Know About Before You Start Trading
    04 July, 2017

    Eight Forex Terms You Should Know About Before You Start Trading

  • METHODS TO ANALYSE FOREX TRADE
    02 August, 2017

    METHODS TO ANALYSE FOREX TRADE

  • What Is MT4 Forex Trading Platform ?
    09 August, 2017

    What Is MT4 Forex Trading Platform ?

Address

616 Corporate Way,
Suite 2-3938 Valley Cottage,
NY 10989, USA

Contact Us Now!

+1 646 213 2851