I am pretty new to trading (on and off for 3 months) and am really just becoming familiar with MT4.
My broker offers a one click trading Level2 plug in EA for trading ECN through them that allows a quick way to enter trades and track thickness of market. (See picture)
This attribute dependable / desireable / reliable to utilize? I have heard rumours that it does nothing more than permit the broker to easily see your TP / SL settings. Additionally, it appears to be fairly taxing on my pc since the chip demand shoots up when I have half a dozen charts open with the plug in running.
Any ideas would be appreciated.
pgg