MT4 to FIX Api | Foro Forex de Myfxbook

Miembro desde Sep 30, 2013 posts 25

May 06, 2014 at 17:18

Miembro desde Sep 30, 2013 posts 25

Anyone here did this? changed their EA from MT4 and went with a broker that offers FIX Api? Just looking for some feedback. Good or bad.

If you don't try, you will never know.

ernesto

Miembro desde Dec 29, 2010 posts 6

May 18, 2014 at 09:06

Miembro desde Dec 29, 2010 posts 6

I use an EA on MT4 and transfer the Trades via JforexAPI to e.g. dukascopy

take small profits over years, permanently

sirius1fx

Miembro desde Oct 23, 2012 posts 349

May 19, 2014 at 04:22

Miembro desde Oct 23, 2012 posts 349

whats the latency on the execution with that setup?

if you follow the flock like sheep you always end up stepping in shit!

ernesto

Miembro desde Dec 29, 2010 posts 6

Jun 26, 2014 at 15:52

Miembro desde Dec 29, 2010 posts 6

i dont see any latency. Sometimes I get a better entry than with MT4.

take small profits over years, permanently

sirius1fx

Miembro desde Oct 23, 2012 posts 349

Jun 26, 2014 at 19:23

Miembro desde Oct 23, 2012 posts 349

maybe your now using a good broker then, i have heard max 20ms trade execution from other using it...

if you follow the flock like sheep you always end up stepping in shit!

forex_trader_28881

Miembro desde Feb 07, 2011 posts 724

Jun 26, 2014 at 20:54 (editado Jun 26, 2014 at 21:05)

Miembro desde Feb 07, 2011 posts 724

Man, I've looked at FIX a few times, but never gone that route. Unless you're trying to do HFT I don't see the point really. FIX is very limited in what it can do. If it's speed you're after then it has to be FIX, but unless you're into very high speed stuff there is really no point.

I'm running the Java API on Oanda and they have the new REST API. Both are fast. Hard to imagine you'd need more than that.

MT is slow. Just a fact of life, but as retail traders I can't really see a situation where MT isn't fast enough. And MQL just has so many functions written already, just so much easier to use...

forex_trader_28881

Miembro desde Feb 07, 2011 posts 724

Jun 27, 2014 at 00:36

Miembro desde Feb 07, 2011 posts 724

Just as a footnote, as far as I understand it you can send html requests from MT, meaning you can use it with the REST API.

togr

Miembro desde Feb 22, 2011 posts 4862

Jun 27, 2014 at 19:53

Miembro desde Feb 22, 2011 posts 4862

Hi guys,

there is a tool I recently bought to copy trades MT4 to fix API.

I promised not to give feedback about the tool in case thae refund my purchase.(doing it right now)

I can just say it could be great tool in case they fix the code.