MultiTrader - IC Markets (By forex_trader_43716)
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MultiTrader - IC Markets Discussion
Apr 27, 2014 at 09:44
309 Views
3 Replies
May 01, 2014 at 02:03
Hi can you run this EA and tell me the latency of the execution of your trades please, im sure you will find it useful as with this scalper you will need 90ms or better..
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if you follow the flock like sheep you always end up stepping in shit!
forex_trader_43716
Member Since Aug 06, 2011
345 posts
May 01, 2014 at 05:34
Thanks. That's very helpful. Latency is running at 553ms on average, which might explain why my forward testing is not working out as well as my back tests. Is there a broker with 90ms or better? Cheers, Gary.
May 01, 2014 at 05:50
Your best bet is to test around on a few broker demo accounts and see if you can get it down to least 150ms or even better under 50ms...
Will be even harder when going live to find a MT4 broker under 150ms but if you can get a 1-5ms connection to your brokers server its possible to get trades completed under 150ms..
Worst comes to worst if you have enough money to trade you can convert your bot over to an FIX api from MT4 and if you do that your trades will be executed at under 10ms which leaves practically no chance of slippage... 😉
Will be even harder when going live to find a MT4 broker under 150ms but if you can get a 1-5ms connection to your brokers server its possible to get trades completed under 150ms..
Worst comes to worst if you have enough money to trade you can convert your bot over to an FIX api from MT4 and if you do that your trades will be executed at under 10ms which leaves practically no chance of slippage... 😉
if you follow the flock like sheep you always end up stepping in shit!
forex_trader_43716
Member Since Aug 06, 2011
345 posts
May 01, 2014 at 07:54
Have already started shopping around. Thanks for your input!! 😎
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