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gwrigh

Member Since Jul 30, 2011  66 posts gwrigh Sep 14 2011 at 19:56
Hi. Any rationale to Additional_Channels being set to 1 in the range of 0-8? Do you have slippage at default for 1.2.0 which is 0.5 (developer told me that corresponds to 5 under 1.1.6)? I have my AC set to 8 and running demo on EES FX and I got fewer trades than you did today. Thanks.

gwrigh

Member Since Jul 30, 2011  66 posts gwrigh Sep 14 2011 at 23:57
Also curious what your trade execution speeds are like.

rgmann

Member Since Nov 20, 2010  82 posts rgmann Sep 16 2011 at 06:20
Hi gwrigh,

I'm honestly not sure how the different AC settings affect MDP's trades. I've been told that increasing additional channels causes MDP to enter trades a little earlier than AC=1, which can produce more trades overall. But a few of the trades often get in too early and end up as losers, so I'm not suree if that's something I wanted.

Anyway, I decided to play it conservatively and stick with the default settings for the most part. I have been using NO=0, AC=1, SO=4 (reduced from 8), FIFO=false, Use_Stop_Orders=true, Use_Trailing_Stops=true, Risk=1.5%. However, I lowered SO to 2 the other day, just to see if MDP ran smoother without as many simultaneous orders. But then we had the server disconnect debacle for the past two days, and most of my sl and tp modification orders couldn't get filled, and the original sl was passed over during the disconnect. So my losses were larger than usual. EES FX/ILQ have stated that I will be reimbursed for the losses though, so we'll see. In the end, however, I'll probably increase SO back to 4 and keep it there.

My trade execution and modify times have been very good for the most part -- 300ms - 500ms -- and usually always under 1 second or just slighty over during certain spikes. The only time they have been terrible was during the server freeze over the past two days. By the way, an ILQ rep told me that they found the source of the problem and it has been fixed. So we shouldn't have the same problem going forward. We'll soon see if that is correct or not. Good luck with your trading and take care...

Cheers,
Roger

ruparaw

Member Since Feb 19, 2010  42 posts Abdul Rupar bin Abdul Wahab (ruparaw) Sep 26 2011 at 12:08
hi rgmann,

how do you find EES FX/ILQ reliability so far it is ok. I found the support a little bit poor, i also cannot login to their forum. How long yours take the wire deposit to be available in platform?

Not greedy is the most important factor on your FOREX sucsessfullness.
gwrigh

Member Since Jul 30, 2011  66 posts gwrigh Sep 26 2011 at 22:43
Hi, did you try AC=0 or have you decided what the ideal values for NO, AC, and Slippage are? Thanks.

gwrigh

Member Since Jul 30, 2011  66 posts gwrigh Sep 27 2011 at 17:58
Hi rgmann, do you mind giving a complete settings update? Thanks.

rgmann

Member Since Nov 20, 2010  82 posts rgmann Sep 27 2011 at 18:03
Sorry for the delay, I don't check this message area very much. Here's my current settings:

NO=0
AC=1
SO=1
FIFO=false
AutoECN=false
GroupOrders=false
StopOrders=true
Hard Trailing Stops=false
fixed lots= .1

I think everything else is default. I hope that helps out...

rgmann

Member Since Nov 20, 2010  82 posts rgmann Sep 27 2011 at 18:06
Hi Abdul,

The support at EESFX is overloaded. I'm pretty sure it's just a few persons operation, and they got a lot of new clients over the past month. So they are very slow to respond. If you need help, try to contact ILQ directly, as they are the actual broker (EESFX is more like an IB).

My wire deposit was available within the same day that I wired it. But I wired it from within the US, so it may take a little longer if you are overseas. I hope that helps... cool

Cheers,
Roger

gwrigh

Member Since Jul 30, 2011  66 posts gwrigh Sep 27 2011 at 18:13
Thanks for the settings. Are you keeping Slippage at 0.5 with EES - is that working? Did you ever try AC of 0? I thought I saw you on Donnaforex saying you were going to try that. Thanks again.

rgmann

Member Since Nov 20, 2010  82 posts rgmann Sep 27 2011 at 19:31
Yes, I've kept the slippage setting at 0.5 for the time being, and I got 3 positive trades today. I also kept the AC at 1 for now because I finally upgraded to v.120 and I wanted to compare how it trades with the same settings I was using with v.116. I may experiment with AC=0 later though. It just depends on how things go over the next week or two. Take care and best of luck to you!

Cheers,
Roger

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