Oanda FIFO fixer

Aug 16, 2019 at 11:38
Przeglądane 991
11 Replies
Uczestnik z Dec 22, 2009   5 postów
Aug 16, 2019 at 11:38
Dear Colleagues,

You might notice the new FIFO policy at Oanda.
I made a Java API script to fix it.
It makes existing trades and orders unique size. It changes the size of the orders and decrease the size of existing trades by closing some units.

I used it on my real account.

Write me private message if you are interested.

Kind regards,
David
Uczestnik z Aug 12, 2015   40 postów
Aug 16, 2019 at 20:33
Did it fix numerous trades with the same unit amount. I could change the oldest but even the Oanda people I talked to couldn't figure out a fix. They finally said I need to change the profit and stop loss items.
Uczestnik z Jan 05, 2016   1189 postów
Aug 30, 2019 at 12:07
The reason it doesn't work, is because it breaks the FIFO rule.
You cannot reduce the newest trade, it has to be the oldest trade first, once it's gone, then the next oldest.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Jan 05, 2016   1189 postów
Sep 01, 2019 at 20:37
ripperdave posted:
Dear Colleagues,

You might notice the new FIFO policy at Oanda.
I made a Java API script to fix it.
It makes existing trades and orders unique size. It changes the size of the orders and decrease the size of existing trades by closing some units.

I used it on my real account.

Write me private message if you are interested.

Kind regards,
David

Oanda no longer supports the Java API set.
It's REST or FIX or MT4 only now.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Dec 22, 2009   5 postów
Sep 16, 2019 at 13:16
Uczestnik z Jan 05, 2016   1189 postów
Sep 16, 2019 at 17:01
Oanda no longer supports Java api.
It's on their website.



Załączniki:

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Jan 05, 2016   1189 postów
Sep 16, 2019 at 17:05
REST API V20 isn't the same thing is JAVA API.
Regardless though of which API you are using, you CANNOT reduce NEW tickets, you have to use the FIFO rule which clearly states FIRST IN FIRST OUT, Older tickets must be closed before newer tickets can be modified.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Dec 22, 2009   5 postów
Sep 22, 2019 at 09:05
You are right.

I made my positions unique size by REST API V20 with Java API wrapper.
https://github.com/oanda/v20-java

I applied the program on my real Oanda account (real money).

It is FACT and not theory nor opinion.

Uczestnik z Jan 05, 2016   1189 postów
Sep 22, 2019 at 09:47
ripperdave posted:
You are right.

I made my positions unique size by REST API V20 with Java API wrapper.
https://github.com/oanda/v20-java

I applied the program on my real Oanda account (real money).

It is FACT and not theory nor opinion.


The regulations are very clear.
You CANNOT adjust a new order before the old order.
THIS is a fact. And it's the regulatory rule.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Dec 22, 2009   5 postów
Sep 23, 2019 at 04:00
Fact: My old trades were adjusted... See my original post for more information.





Załączniki:

Uczestnik z Jan 05, 2016   1189 postów
Sep 23, 2019 at 04:29
ripperdave posted:
Fact: My old trades were adjusted... See my original post for more information.

The screenshot doesn't show you reduced a newer ticket while the older ticket was still open.

You cannot reduce a NEW ticket before before closing the older tickets first. If a broker under current US Regulations allows a US customer to do this, then it's a violation of the current regulations, and Oanda abides by all regulations as required by law.

You can set all the SL and TP to the same, but you CANNOT close or reduce a NEW ticket before closing out the older tickets first.

ALSO... The image you posted is for EUROPE based accounts which is under different regulations that US brokers.

 

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Dec 22, 2009   5 postów
Sep 23, 2019 at 14:01
I have proved my original statement.

I am sorry that you could not handle it.
That is ok.
Thank you for your cooperation and feedback.
Have a great day.

Kind regards,
David

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