Thor II Live Account (de forex_trader_56410)
El usuario ha borrado este sistema.
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Discusión Thor II Live Account
Feb 09, 2013 at 13:36
(editado Feb 09, 2013 at 13:45)
Miembro desde Jul 18, 2012
posts 26
Hi Alexander,
thank you for your detailed answer.
I have lowered my risk per trade, but am confused about why my order execution would experience slippage. I am using IC Markets, which offers 'true ECN', and am using a VPS at BeeksFX which offers a 1ms latency to ICMarket's trade servers (when I ping, it's 2ms). Can't really imagine anything better than that. But when I check the messages that Thor II places in the logs, I do indeed occasionally see long execution times... mostly 500-900, but also a few higher than 1000ms (in rare cases as high as 1600-2200).
MaxSpreadInPips is set to 1.3 and Order.Slippage to 1 (they were like this already). The average spread for ICMarkets on EURUSD is 0.2.
I don't find any other pointers in the Thor II documentation about optimizing the trading environment. Perhaps it's just due to ICMarkets then? I wouldn't really mind switching brokers, but only if I know for sure it's a good move, of course. I've thought about Pepperstone.
thank you for your detailed answer.
I have lowered my risk per trade, but am confused about why my order execution would experience slippage. I am using IC Markets, which offers 'true ECN', and am using a VPS at BeeksFX which offers a 1ms latency to ICMarket's trade servers (when I ping, it's 2ms). Can't really imagine anything better than that. But when I check the messages that Thor II places in the logs, I do indeed occasionally see long execution times... mostly 500-900, but also a few higher than 1000ms (in rare cases as high as 1600-2200).
MaxSpreadInPips is set to 1.3 and Order.Slippage to 1 (they were like this already). The average spread for ICMarkets on EURUSD is 0.2.
I don't find any other pointers in the Thor II documentation about optimizing the trading environment. Perhaps it's just due to ICMarkets then? I wouldn't really mind switching brokers, but only if I know for sure it's a good move, of course. I've thought about Pepperstone.
Feb 10, 2013 at 10:07
Miembro desde Feb 09, 2011
posts 320
There was a problem with ICMarkets last week, they had very high slippage, many traders experienced it and as far as I know they are working hard to fix it and to lower slippage to normal values again. Don't know what is the current status on their side with fixing it.
Better to lose an oportunity than a money
Miembro desde Jul 02, 2012
posts 127
Miembro desde Jul 02, 2012
posts 127
Feb 25, 2013 at 19:49
Miembro desde Jul 02, 2012
posts 127
Sygmoral posted:might I suggest you change brokers and/or VPS. Today I made a marginal gain of 0.7 pips. I use Armada markets and a free VPS with AWS. I think a 4% loss is too much for a single day and there is definitely something you need to change.
My Thor II account just keeps going down... slowly now, but almost every day.
How are other people feeling about it? Still using? Making profit?
Mar 07, 2013 at 18:37
Miembro desde Jul 18, 2012
posts 26
After 3 months, I was about 5% up with Forex Thor II.
Now after 5 months, I am 45% down.
The trend on my account just keeps going, strongly down since the start of February.
With the very same broker and same account type, I am running MegaDroid, PipJet and PipSonic with good results. ICMarkets has very low spreads, and their order execution is not bad.
But I think the slippage problem is inherent to how these algorithms work. They react to sudden large price movements, right? But that's exactly when slippage will go up - because the price movement wouldn't have been so large if there wasn't a lot of activity. Some brokers may do better than others, but I wouldn't be surprised if these algorythms are actually picking some of the worst times for slippage.
I understand the idea, and see why it could be profitable, but I now also understand that along with it, is tied that slippage problem. That's the drawback of these systems, I think.
I've decided to turn off the EA for now while I ponder this. Perhaps I should just give this one up. Or perhaps I should wait until the next upgrade (?), in case it helps toward that problem.
Now after 5 months, I am 45% down.
The trend on my account just keeps going, strongly down since the start of February.
With the very same broker and same account type, I am running MegaDroid, PipJet and PipSonic with good results. ICMarkets has very low spreads, and their order execution is not bad.
But I think the slippage problem is inherent to how these algorithms work. They react to sudden large price movements, right? But that's exactly when slippage will go up - because the price movement wouldn't have been so large if there wasn't a lot of activity. Some brokers may do better than others, but I wouldn't be surprised if these algorythms are actually picking some of the worst times for slippage.
I understand the idea, and see why it could be profitable, but I now also understand that along with it, is tied that slippage problem. That's the drawback of these systems, I think.
I've decided to turn off the EA for now while I ponder this. Perhaps I should just give this one up. Or perhaps I should wait until the next upgrade (?), in case it helps toward that problem.
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