Proof that the BankersFX Core Volume indicator for MetaTrader4 does not receive data from an institutional data feed.
This project simulates a BankersFX license server and shows that the claim the indicator is feeded by institutional order data is not true. In fact BankersFX charges money for a modified MACD which is feeded by the user's MT4 broker.
The project is hosted on a demo server. The indicator is included and can be downloaded here. It consists of an MQL4 indicator and an MQL4 library. To use the indicator with the demo license server add the line
89.163.167.173 www.bankersfx.com
to your system's DNS configuration file C:\Windows\System32\drivers\etc\hosts.
As input parameter "unique user id" (aka the license code) enter BANKERSSCAM (11 capital letters). This code works for all MT4 accounts (demo or real).
https://www.forexfactory.com/showthread.php?p=11845781
- Clone the project or download and extract the ZIP archive.
git clone https://github.com/rosasurfer/bfx-core-volume.git- Use Composer to install the dependencies:
cd bfx-core-volume
php composer.phar install-
Configure a web server for the project. For Apache adjust one of the predefined templates in
etc/httpd/apache*.conf. If you want to use SSL adjust the paths to your server's SSL certificates (SSL is not required). -
Edit your system's DNS configuration and point the domains defined in the templates to your local machine. To do this open the file
C:\Windows\System32\drivers\etc\hostsin a plain-text editor (e.g. Notepad). You may need admin rights to edit the file (see Edit The Hosts File in Windows 7/8/10). Add the following line to the file:
127.0.0.1 local.bfx.rosasurfer.com www.bankersfx.com
- Restart the web server and test the setup. If everything works correctly both URLs http://local.bfx.rosasurfer.com/ and http://www.bankersfx.com/ will display the following message:
Test case to prove that the data displayed by the BankersFX Core Volume indicator is not based on a data feed.
- Load the secure URL https://www.bankersfx.com/ and note the security warning about the invalid SSL certificate (the certificate is self-signed and included). Add a permanent security exception for this certificate by following the instructions in Install a Root Certificate in Internet Explorer.
Use the BankersFX indicator as usual (see downloads in etc/mql/). The BankersFX indicator goes into
{mt4-data-directory}/mql4/indicators/ and the BankersFX library goes into {mt4-data-directory}/mql4/libraries/.
As input parameter "unique user id" (aka the license code) enter BANKERSSCAM (11 capital letters). This code works for all MT4 accounts (demo or real).