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watch this video. can be interesting

Steve Walker
walker36
Sep 26 2011 at 12:15
1341 posts
greetings

weekend I have found 4 poss. brokers for ARB system and currently testing them. No they are not noname brokers ;)

one has elected from the fırst trades due a very starange error I have not seen it before for test perod before.

I need to check that and find out what is the reason.😲

other 3 brokers are currently on test vps and local and doing well. this test is raw data collecting period. real test will start next week after worked on raw data and setup the system for each broker.

when I see traders how hard they work on MDP to make it profitable for months, my stsrem is definetly much more eaiser then that. at the end you know what steps should be taken and after that if it works it works if not stop it 😉

my MDP start doing well on pepperstone with some setup changes. if I can make it work on Pepperstone with 2 days of test, I can make it work on many other brokers 😇

no clue if the broker pays or not 🙄

Steve Walker
walker36
Sep 26 2011 at 12:20
1341 posts
if you want to find corect setup for MDP DO NOT BE GREEDY.😉


Steve Walker
walker36
Sep 26 2011 at 13:03
1341 posts
as soon as Pepperstone fire their server in US and if the MDP demo keep going well I will lunch it on live pepperstone account. But before doing that I will contact Broker and try to get an approval for using MDP on their account to prevent account close.

this may work or not but I loose nothing with that try.😉

walker

Steve Walker
walker36
Sep 26 2011 at 13:18
1341 posts
if we have a connection with latency of eg ..

latency 100 ms round trip

Mt4 sending order request to Server costs 50 ms
Server respınd back for request costs 50 ms
server opens order in 500 ms
server sends MT4 order confirmation costs 50 ms
TOTAL 650 ms what we sse as an order execution.

but in reality total order execution time is 550 ms

so latency effet on order execution can be coded as

server_order_execution_speed + ( Latency / 2 )

latenct has 1/2 effect of its own value.




Steve Walker
walker36
Sep 26 2011 at 15:53
1341 posts
I have already start testing one of the most slipp broker FINFX. again this week will be tested as RAW then next week will test with dedicated setup.

lets see if OFFSET code will work to fix that huge slippage broker FINFX.🙄

walker

Steve Walker
walker36
Sep 26 2011 at 16:07
1341 posts
the very FIRST 2 SLIPPAGE of FINFX ıs 4.60 & 4.30 pips with 1953ms means ~ 2 sec & 5094 means ~5 sec.
calling desk can be faster 😁😁😁😁😁

I really wonder why traders work with those brokers.

lets make calculation.

their normal account has avergae spread of ~ 2.00 pip.
lets say average slippage per trade is ~ 2.00 pip ( we will get exect value at weekend )

total is 4.00 pip for a single trade.
if trader average TP is 50 pip which is a good value

4/50 = %8 is gone to broker

good deal for broker. lets make them rich 😀😀😀

Steve Walker
walker36
Sep 26 2011 at 16:51
1341 posts
I HAVE TO POST THIS.

FINFX ORDER ENTRY SLIPPAGE -11.50 PIP EXECUTION 2 SEC. I STOP POSTING in ms.

I AM PLANNING TO TRADE FINFX WITH WALL POSTS OVER FACEBOOK. THIS WILL BE SAME SPEED.

OR MAY BE FASTER 😇😇

Steve Walker
walker36
Sep 26 2011 at 18:16
1341 posts
for FINFX average Slıppage 8 trades is 5.00 pip. Basicly you can consider this as FINFX spread in reality is 7.00 pip instead of 2.00 pip as declared for EURUSD. I really wonder if OFFSET can handle that big slippage. should wait a week.🙄


Steve Walker
walker36
Sep 26 2011 at 18:34
1341 posts
thats really good. when I post here most of the time I find new solutions for those brokers. I have just planned a new solution for those. this will definetly reduce order execution frequency but if I can decode their OFFSET logic then it will be definetly profitable on those also.
what I am thinking is in reality those brokers are creating a big opp. of making money for their clients if it can be decoded.


ForexScam
Sep 26 2011 at 21:36
1008 posts
Very nice work, I just came across this a few minutes ago, so I haven't had enough time to thumb through all the pages.

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