Traderway spike on charts | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Charts, Charts, Charts! 1 reply

Link Charts & Floating Charts 4 replies

Trading Price Based Charts Instead of Time Based Charts 1 reply

Forex Daily Charts Scanning “price action in and between charts” 2 replies

Which charts to believe?? the best charts' source ? 19 replies

Attachments: Traderway spike on charts
Exit Attachments

Traderway spike on charts

  • #161
  • Sep 6, 2017 6:30pm Sep 6, 2017 6:30pm
Quoting successwill
i checked if there was a problem from my VPS side and everything is fine and the latency to the broker avg 1ms. i am uploading the other MT4 account from same broker installed on the same VPS. you can clearly see that it works fine at the same time of opening/closing the trades Maybe i am overreacting but i am very pissed off now.. can someone informe me on this? is this usual ? But consider the amount of time i struggled to close an order for 4 (FOUR) minutes {image} {image}
Contact them to see what they say. According to what you are posting here, the off-quotes and the latency look like the typical requoting and delay quotes that market making brokers use especially if they are from MT4 which is a platform that is known to have what's called a Virtual Dealer Plugin that allows brokers to do exactly that.
Make your losses in demo. Earn your profits live.
  • #162
  • Sep 7, 2017 7:13am Sep 7, 2017 7:13am
traders way's LPs are shady
an ecn broker that does not disclose it's liquidity providers is not true ecn broker
  • #163
  • Sep 7, 2017 12:50pm Sep 7, 2017 12:50pm
Quoting Icycool
traders way's LPs are shady an ecn broker that does not disclose it's liquidity providers is not true ecn broker
Trader's Way is NOT an ECN, period. And even if they DO disclose their Liquidity Providers, you still won't have a way of checking because they are not obligated to provide you the Statement of Execution so you never know who was the counterparty to your trades. They could have all kinds of Liquidity Providers lined up on their website but if they choose to take the other side of your transaction, you are still dealing with a market-maker with a conflict of interest against you.
Make your losses in demo. Earn your profits live.
  • #164
  • Sep 7, 2017 1:38pm Sep 7, 2017 1:38pm
Quoting ltrain
{quote} Thanks Pound Trader. -You see there are three people, who are not even customers of TradersWay, who apparently think that making COMPLETELY BASELESS CLAIMS about a Forex Broker is GOOD FOR THE FOREX MARKET -Unfortunately lies and conjecture only cause confusion and are normally the sign of corruption. -Shrike, Forexia, and Nicholishen are on a lot of different forums all day Making claims that have no evidence. -They are under the impression that this is somehow convincing. -They have continued with this even though TradersWay has gone through...
yeah i see.
  • #165
  • Sep 7, 2017 1:38pm Sep 7, 2017 1:38pm
Quoting Forexia
{quote} Trader's Way is NOT an ECN, period. And even if they DO disclose their Liquidity Providers, you still won't have a way of checking because they are not obligated to provide you the Statement of Execution so you never know who was the counterparty to your trades. They could have all kinds of Liquidity Providers lined up on their website but if they choose to take the other side of your transaction, you are still dealing with a market-maker with a conflict of interest against you.
again how is that a fact, because you say so
  • #166
  • Sep 7, 2017 3:03pm Sep 7, 2017 3:03pm
Quoting Forexia
{quote} Trader's Way is NOT an ECN, period. And even if they DO disclose their Liquidity Providers, you still won't have a way of checking because they are not obligated to provide you the Statement of Execution so you never know who was the counterparty to your trades. They could have all kinds of Liquidity Providers lined up on their website but if they choose to take the other side of your transaction, you are still dealing with a market-maker with a conflict of interest against you.
Yes, Forexia is right! As far as I know, the only two brokers who do provide you with Execution Statements are Global Prime and JFD Brokers, though I never tried any of them...
  • #167
  • Sep 7, 2017 5:46pm Sep 7, 2017 5:46pm
Quoting PoundTrader
{quote}again how is that a fact, because you say so
You and I both know how many of brokers in the retail Forex trading are true ECN brokers. I am surprised you are listening to ltrain who's been labelled as a "Commercial Member" to doubt this especially with your experience.
Make your losses in demo. Earn your profits live.
  • #168
  • Sep 7, 2017 7:43pm Sep 7, 2017 7:43pm
Quoting Forexia
{quote} You and I both know how many of brokers in the retail Forex trading are true ECN brokers. I am surprised you are listening to ltrain who's been labelled as a "Commercial Member" to doubt this especially with your experience.
yes i do know, but also there are broker's who offer STP
  • #169
  • Sep 7, 2017 10:41pm Sep 7, 2017 10:41pm
Quoting PoundTrader
{quote}yes i do know, but also there are broker's who offer STP
Yes STP is NOT ECN either as I have also learned. And this broker, Trader's Way I doubt it is even STP according to the execution speed of trades shown in successwill's postings. And the fact that there is no Liquidity Providers' information anywhere on the website...
Make your losses in demo. Earn your profits live.
  • #170
  • Sep 8, 2017 12:52am Sep 8, 2017 12:52am
that don't have to list there LP they use integral and currenex https://www.tradersway.com/why_us
  • #171
  • Sep 8, 2017 11:26am Sep 8, 2017 11:26am
Guys it's not just this broker. I think that they are all scam artists!

I have been hit twice by Tickmill with phantom trades emptying my account. What happened both times is that I closed all the pending trades I had set on my terminal. But when I opened my platform a couple of hours later, I saw with horror that one of the trades I thought I had closed had opened and emptied my account. As I say, this has happened twice now
  • #172
  • Sep 10, 2017 3:09pm Sep 10, 2017 3:09pm
Days later they replied to my email:

Quote
Hello,
Unfortunately your screenshots have too smal resolution and can't be read. Please send screenshots in better quality.
Best regards,
Dealing Department
TradersWay
tel/fax: +1 849 937-0815
[email protected]
www.tradersway.com

I sent them the screenshots i uploaded here
  • #173
  • Sep 10, 2017 7:00pm Sep 10, 2017 7:00pm
Quoting successwill
Days later they replied to my email: {quote} I sent them the screenshots i uploaded here
Your picture have a high enough resolution, but you have a lot of whitespace. It would appear that they didn't bother attempting to zoom in. I would crop the whitespace out of your pictures and resubmit your request.
  • #174
  • Sep 12, 2017 2:45am Sep 12, 2017 2:45am
Inserted Video
  • #175
  • Sep 12, 2017 5:38pm Sep 12, 2017 5:38pm
Quoting successwill
i started to believe that this broker really a scam.. i tried a million times to close my position but i was not successfull because of off quotes... Their goddamn server responds 15 secs later.. i had to close my positions with a loss of -90$ from 110$ profit {image}
Just looking at your log it's safe to assume that you're at least missing the RefreshRates() in your orderclose loop since you're asking for the same price at each iteration. In order to assure that you close your trade and don't run into issues you need to increase your slippage and make sure you're asking for the correct price to close at based on current instead of past rates.. I'm not taking TW side by any means, but it's obvious there's a flaw in your EA code somewhere.
  • #176
  • Last Post: Sep 12, 2017 6:27pm Sep 12, 2017 6:27pm
TW shills,

How do you explain your servers going down for over an hour in the middle of a trading day yesterday?
0 traders viewing now