Arbency

Arbency is a Latency Arbitrage Expert Advisor designed to take advantage of quick price differences between two or more broker feeds.

Arbency has been meticulously developed to efficiently share data between any number of local terminals.

• Please read the User Guide for further explanation on the strategies concept & information on how to use the Expert.

• Signals & Group Chat : https://www.mql5.com/en/users/conorstephenson

• Local Single Leg Latency Arbitrage able to connect any number of terminals together.
• No DLL, EXE or other extensions needed.
• Optimised algorithm developed for efficient executions.
• Allow the program to Node available terminals or specify Slow and Fast brokers.
• Trade using Market Orders or Pending Orders.
• Purposeful Alignment, Management, Timing, Limiting functions.
• Automatically adjusts for differences in spread, commission etc.
  
• Can connect MT4 & MT5 terminals together.
• Optional Volatility Filter.
  
• Optional Trade Only News Filter.
• Optional Auto Money Management.
  
• Wide Spread & Slippage protection.
  
• Lines drawn on chart show connected terminal price levels.
• Control terminal price levels using the interactive on-chart panel.
• Limited Backtest capability. - The strategy can't be properly back tested.

Success with this strategy doesn't rely on the trade management settings alone, clients must use at least one slow and one fast broker, and this will perform different for each individual depending on various factors such as the type, location and distance of the local system, to the type, location and distance of the connected brokers servers.

Services like LMAX & Rithmic are recommended for the fastest & most consistent source of quotes but any ECN broker should suffice for a fast broker. A slow broker would be considered as a broker that likely has lessor server hardware / connection capabilities, maybe a newly opened broker. 

Always use the lowest ping available.