Million Dollar Pips (By milliondpips)

Pieaugums +26241.17%
Kritums (Drawdown) 39.44%
Pipi: 5202.2
Darījumi 4497
Uzvaras
Zaudēt
Tips Demo
Kredīta plecs: 1:200
Tirdzniecība Automatizētā

Diskusija

May 20, 2011 at 02:45
214,284 Views
3,872 Replies
Biedrs kopš   80 ieraksti
Sep 28, 2011 at 16:42
I've changed my AutoApply ECN from true to false to get more entries but it hasn't seemed to make any difference..
Anyone have any thoughts?
Sep 28, 2011 at 16:50 (labots Sep 28, 2011 at 16:51)
Only a fool can believe HFT can trade similarly on demo and real. For me if a robot can make even steady 10% a month without drawdown bigger than 5% it is a fantastic robot. I run MDP only 1 month on a live account, so far it is 54% up and draw down was around 5% max.

AutoApplyECN only makes difference whether it will automatically change your values related to use stop orders and hard trailing. Actually without stop orders you have more chances to miss a trade since you occationally may receive and off-quotes error or requote when trying to open a market order.
Was mich nicht umbringt, macht mich stärker.
Sep 28, 2011 at 16:58
so thinkforex is now hosting all their servers with Rackspace in San Antonio... at some point they moved from New York without telling anyone.. the ping time from my NYC VPS has dropped from 1-2ms down to 9ms-12ms.. the trace route test I performed confirmed it.... the distance is huge, it's like Moscow to London.. and no doubt thier liquidity providers are still in New York further increasing the lag time and increase in off-quotes and slippage.. that would explain why I was doing quite well and then not all of a sudden... low latency is so important.. might also be part of the reason why their servers went down for 8+ hours yesterday.. massive chart gaps, missed all the trades yesterday....
MDP chart is now showing 2500ms-3000ms for opening and modification times amoungst other errors.. still not quite as bad as my old Hotforex account but still not great...
anyone recommend a good ECN broker to move to? haha
Sep 28, 2011 at 17:02
I plan to fund a pepperstone account within couple of weeks after they move to NYC big datacenter.
Was mich nicht umbringt, macht mich stärker.
Biedrs kopš   123 ieraksti
Sep 29, 2011 at 04:50 (labots Sep 29, 2011 at 04:59)

  You can look back at the posts earlier in this thread. It has already been tried and didn't work quite well at all. My theory after some research is that they 'toot their horn' more than really are.

Their relationships with liquidity providers is fairly minimal (as evidenced by tick chart data - there is a whole article about that somewhere how you can tell between brokers what type of liquidity providers they have just by checking out the 1 min or tick data. Someone may be able to post it here)

Also, what type of self-respecting company hosts themselves up in Denmark. If your a real player, you will host in a place where you have direct and very close access to the FX centers of the world so you have fast data and quick execution - just food for thought after a lot of research.
'(as evidenced by tick chart data - there is a whole article about that somewhere how you can tell between brokers what type of liquidity providers they have just by checking out the 1 min or tick data.'

Erica123, am interested in it, can you provide the source?

thanks
Biedrs kopš   12 ieraksti
Sep 29, 2011 at 06:13
Have you ip of thinkforex demo ?

Thanks
Robots Forex - Robots trader communauté francaise.
ForexScam
forex_trader_32776
Biedrs kopš   1008 ieraksti
Sep 29, 2011 at 09:30

   corporatemonkey posted:
   so thinkforex is now hosting all their servers with Rackspace in San Antonio... at some point they moved from New York without telling anyone.. the ping time from my NYC VPS has dropped from 1-2ms down to 9ms-12ms.. the trace route test I performed confirmed it.... the distance is huge, it's like Moscow to London.. and no doubt thier liquidity providers are still in New York further increasing the lag time and increase in off-quotes and slippage.. that would explain why I was doing quite well and then not all of a sudden... low latency is so important.. might also be part of the reason why their servers went down for 8+ hours yesterday.. massive chart gaps, missed all the trades yesterday....
MDP chart is now showing 2500ms-3000ms for opening and modification times amoungst other errors.. still not quite as bad as my old Hotforex account but still not great...
anyone recommend a good ECN broker to move to? haha

wow, Not shocked really, but thank you for this information. I've been watching a group full of accounts (profitable) at thinkforex and I'll be expecting a change in performance if this is true. The ping time to server is still sufficient to make trades, however, the execution time will surely never work and this would explain WHY thinkforex did this move. ( its to save their *ss). Profitable Broker setups are not a secret guys. You can do a simple search on this website and find the good setup. I did this myself and I found a solid setup at a regulated ECN. If you can't do this yourself PM me and I'll share. How long will the setup work is the question that everyone is asking. The good news is that this broker is embracing HFT and upgrading their capacity to suit their client base.

Please plug in your MDP execution times here - https://docs.google.com/spreadsheet/ccc?key=0AjzNuD3Nx5judHBWdGR2YkwyVU1XQ1JjOFdObmFISnc&hl=en_US#gid=0

You can hide your VPS - Name - setting etc if you don't want to share. This data is for testing and evaluating Broker's Back End and nothing more.

ForexScam
forex_trader_32776
Biedrs kopš   1008 ieraksti
Sep 29, 2011 at 09:30

   corporatemonkey posted:
   

beyond that, what about rewritting the EA to work with FIX Currenex Accounts?


This is actually the direction that I am going myself as MT4 servers were never designed for HFT. I should have something working within a month ( demo ) and after the tests I'll go live. It will be written for FIX API, so I wouldn't be limited to 1 specific broker =)
ForexScam
forex_trader_32776
Biedrs kopš   1008 ieraksti
Sep 29, 2011 at 09:30

   corporatemonkey posted:
   so there must be a way to get faster execution times..
has anyone thought to try and reprogram MDP and convert the EX4 to work with the Dukacopy JForex platform directly?

anyone?

I thought about this as well since Dukascopy is well known with OrderDesk for liquidity figures. However, my Dukascopy account was closed down a few months back ( NFA ) and I don't see the light anymore. I'm sure someone will bound to try and they'll probably have success regarding execution time and liquidity. However, Dukascopy's servers aren't in London ( if my research was true) so I'm sure there will be high latency somewhere. Run some times, and share.
ForexScam
forex_trader_32776
Biedrs kopš   1008 ieraksti
Sep 29, 2011 at 09:31
https://www.roustech.com/fx-bridge/
this is an interesting bridge that MT4 brokers may be using to make sure they can match your order before giving you the confirmation.

Also allows
-- Capture more profit from spread. Effective configuration of the bridge ensures access to increased spread profit.

Sep 29, 2011 at 09:53
Dukascopy slips quite a lot lately during volatile time, so it might not work well as you think.
Was mich nicht umbringt, macht mich stärker.
Biedrs kopš   33 ieraksti
Sep 29, 2011 at 14:38
Why the demo account of MDP has no transaction in last 24 hours?
forex_trader_27164
Biedrs kopš   69 ieraksti
Sep 29, 2011 at 14:54

   xiaoming2011 posted:
   Why the demo account of MDP has no transaction in last 24 hours?

MDP only trades when there is big spike.....
Biedrs kopš   33 ieraksti
Sep 29, 2011 at 15:12

   hagenuk posted:
   

   xiaoming2011 posted:
   Why the demo account of MDP has no transaction in last 24 hours?

MDP only trades when there is big spike.....

My live account has one transaction in the same period.
Biedrs kopš   795 ieraksti
Sep 29, 2011 at 17:16
I used thinkfx on a live account and it was the same as the finfx setup on live. The demos were very good and the live real money accounts didnt match up and lost to much to keep me happy. I prefer IBFX even though its not a ECN, its a fairly stable broker and the spikes dont seems to be as wild and crazy with all those slips in the market, thus more profit.
Click on my Name to see My Live Charts and Bio.
Sep 29, 2011 at 17:44

   Professor53 posted:
   I used thinkfx on a live account and it was the same as the finfx setup on live. The demos were very good and the live real money accounts didnt match up and lost to much to keep me happy. I prefer IBFX even though its not a ECN, its a fairly stable broker and the spikes dont seems to be as wild and crazy with all those slips in the market, thus more profit.

so IBFX are based out of the states, that means you would have to set the FIFO setting to true, does that negatively influence the profitability of the trades?
Biedrs kopš   88 ieraksti
Sep 29, 2011 at 17:47
IBFX USA is in USA, 50x leverage, FIFO true.
IBFX Australia, 400x leverage, FIFO False.

If you are not US residents, go with IBFX australia then


   corporatemonkey posted:
   

   Professor53 posted:
   I used thinkfx on a live account and it was the same as the finfx setup on live. The demos were very good and the live real money accounts didnt match up and lost to much to keep me happy. I prefer IBFX even though its not a ECN, its a fairly stable broker and the spikes dont seems to be as wild and crazy with all those slips in the market, thus more profit.

so IBFX are based out of the states, that means you would have to set the FIFO setting to true, does that negatively influence the profitability of the trades?
Biedrs kopš   795 ieraksti
Sep 29, 2011 at 19:05
The ratio hasnt had any profit issues if you stay on 1.5% risk. On some friends accounts I have offered to lower the risk to .75% on 1:200 to 1:500 accounts as a precaution measure at least for the first few weeks to get a feel for the higher ratio of leverage trading with MDP.
Click on my Name to see My Live Charts and Bio.
Biedrs kopš   140 ieraksti
Sep 30, 2011 at 06:19
Hi guys, I need somebody to advise. My exec time at Pepperstone razor is about 5400 ms, open time 8400 ms. I'd like to know if it's dangerous to trade with ? Can I keep mdp running or not ?
Biedrs kopš   286 ieraksti
Sep 30, 2011 at 06:21

   lobotomy8 posted:
   Hi guys, I need somebody to advise. My exec time at Pepperstone razor is about 5400 ms, open time 8400 ms. I'd like to know if it's dangerous to trade with ? Can I keep mdp running or not ?

yes it is dangerous wait till peperstone shift their server to NY
Press F1 for help or Dial 911.
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