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Metaquotes Will No Longer Sell its MT4 Trading Platform

  • #161
  • Jan 16, 2018 2:13pm Jan 16, 2018 2:13pm
Is there history center in MT5 like in MT4?
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #162
  • Jan 16, 2018 2:25pm Jan 16, 2018 2:25pm
Quoting Trader-Waldo
Is there history center in MT5 like in MT4?
This?
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Try don't lose pants never...
  • #163
  • Jan 16, 2018 2:41pm Jan 16, 2018 2:41pm
Quoting braintheboss
{quote} This? {image}
Yes. that. Thank you.
I click on "request" but "import bars" button is still disabled. Do you know why?
missing data for "#USDX_H8".
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NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #164
  • Jan 16, 2018 2:49pm Jan 16, 2018 2:49pm
Quoting Trader-Waldo
{quote} Yes. that. Thank you. I click on "request" but "import bars" button is still disabled. Do you know why?
I think you have press in "create custom symbol" and after you can import it
Try don't lose pants never...
  • #165
  • Jan 16, 2018 2:51pm Jan 16, 2018 2:51pm
Quoting VEEFX
{quote} Thanks man. You certainly know your stuff and learning some new things here. Please let us know if any EA strategy could be easily reverse engineered by the broker in matter of hours if not days/. I think Broker has all the necessary tools to replicate any strategy. For this reason, I never have any input parameters in EA. They are all hardcoded and recompiled via metaeditor several times every day as appropriate. I also never ever use pending orders visible to the broker. No SL or TP either. All my loss and profit mgmt takes place at the...
brokers can only manipulate ur trades by delaying/cancelling them or they can create local data feed spikes to take ur stops. those can mostly happen w scam brokers.

please give me an example what can broker do to your system?
really curious
WaBaS Where are Buyers and Sellers
  • #166
  • Jan 16, 2018 2:52pm Jan 16, 2018 2:52pm
Quoting iamgotzaa
..Sir have you interested to join our Lord Anton's army against retail broker... {image}
no thanks am fine w raping my self
WaBaS Where are Buyers and Sellers
  • #167
  • Jan 16, 2018 3:06pm Jan 16, 2018 3:06pm
Quoting aaven
{quote} Thnaks Traditio, That's really great info... Why do trend followers always a-booked? Does it have to do due to bigger stops or the time frame that is being traded?
It's not about sl or bigger tf. It's easier to trade when you have the great entry point
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #168
  • Jan 16, 2018 3:09pm Jan 16, 2018 3:09pm
Quoting mr.brown
{quote} brokers can only manipulate ur trades by delaying/cancelling them or they can create local data feed spikes to take ur stops. those can mostly happen w scam brokers. please give me an example what can broker do to your system? really curious
The broker can set virtual dealer with individual settings for each of his customers based on their trading patterns. In fact this procedure is fully automated.
The virtual dealer detects your trading pattern, and calculates your edge (if your are winning trader). Then it adds random asymmetrical slippage to your trades.
This slippage have the power to destroy your strategy.

Especially if you trade with scalping systems where the edge is usually very small. (1-2 pips.).
Almost all Forex brokers use virtual dealer of some kind.
  • #169
  • Edited Jan 17, 2018 6:35am Jan 16, 2018 3:39pm | Edited Jan 17, 2018 6:35am
Quoting alphaomega
{quote} The broker can set virtual dealer with individual settings for each of his customers based on their trading patterns. In fact this procedure is fully automated. The virtual dealer detects your trading pattern, and calculates your edge (if your are winning trader). Then it adds random asymmetrical slippage to your trades. This slippage have the power to destroy your strategy. Especially if you trade with scalping systems where the edge is usually very small. (1-2 pips.). Almost all Forex brokers use virtual dealer of some kind.
A scammer broker can invent the feed. This is not the new. But its supposed people can see when a broker is doing weird things. And whe you are with a "fair" broker they cant "move" price so much from real price.

Then even with all market tricks any broker system can stop this kind of trades. At the end your profit depends of your trades quailty. But the truth is very difficult put "good" trades always...

PD: Capture is auto trade. I will like know how a "fair" broker with a virtual dealer can see my "pattern" when system dont have any...
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  • #170
  • Jan 16, 2018 4:02pm Jan 16, 2018 4:02pm
Quoting alphaomega
{quote} The broker can set virtual dealer with individual settings for each of his customers based on their trading patterns. In fact this procedure is fully automated. The virtual dealer detects your trading pattern, and calculates your edge (if your are winning trader). Then it adds random asymmetrical slippage to your trades. This slippage have the power to destroy your strategy. Especially if you trade with scalping systems where the edge is usually very small. (1-2 pips.). Almost all Forex brokers use virtual dealer of some kind.


Broker has nothing to do w ur patterns. believe me. am in this business for long. worked w brokers. VDP is to manage pending orders n stops etc. its not a pattern detector

data feeds varies from broker to broker but in 2-3 pips range which perfectly normal. if broker creates local spikes u can prove it, decent brokers dont do that n if u r w scam one doesnt matter even u prove it.

broker can delay/delete/freeze orders exits but thats all and thats enough

Slippage is reality of trading environment.
u should understand that;
Last price u see on ur screen is an old price. its over. but u send ur order from what u see. during order execution due to d latency ur order will be executed from real price. Yes brokers use that to their advantage. However years ago I have recorded all slippage data coming from order entry and exits, d results were not too bad. there were positive n negative slippage. negative was of course was bigger but acceptable. [depending on d broker]

U CAN NOT MAKE MONEY W TRADING 2-3 PIPS TARGET. FORGET IT.
this can only be done by HFT infrastructure. U CAN NOT BEAT MARKET W 2-3 PIPS PROFITS.

hope this helps
WaBaS Where are Buyers and Sellers
  • #171
  • Jan 16, 2018 5:44pm Jan 16, 2018 5:44pm
Quoting alphaomega
{quote} The broker can set virtual dealer with individual settings for each of his customers based on their trading patterns. In fact this procedure is fully automated. The virtual dealer detects your trading pattern, and calculates your edge (if your are winning trader). Then it adds random asymmetrical slippage to your trades. This slippage have the power to destroy your strategy. Especially if you trade with scalping systems where the edge is usually very small. (1-2 pips.). Almost all Forex brokers use virtual dealer of some kind.
Plus there are tools that can also manipulate historical candles skewing up all the technical indicator based signals. These MOFOs are in the game to make money from us by offering us free leverage and low barrier of entry. For that reason, my indicator free strategy via automation does not look past the previous close across all time frames and across all pairs. Plus if folks have to choose back testing (which is also a fools paradise!), at least include 5 pips of spread to cover slippage. Most strategies will automatically fail when a bit higher cost structure is included. Common sense really but testing a failed strategy is simply no fun from a 'sincere' trader opening his thread appearing all humble to help us losers out of our misery LMAO
Staying in my lane...
  • #172
  • Jan 16, 2018 5:53pm Jan 16, 2018 5:53pm
Don't set people up for fear- posting information you cannot substantiate
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #173
  • Edited 1:31pm Jan 17, 2018 1:07pm | Edited 1:31pm
Quoting mr.brown
{quote} Broker has nothing to do w ur patterns. believe me. am in this business for long. worked w brokers. VDP is to manage pending orders n stops etc. its not a pattern detector data feeds varies from broker to broker but in 2-3 pips range which perfectly normal. if broker creates local spikes u can prove it, decent brokers dont do that n if u r w scam one doesnt matter even u prove it. broker can delay/delete/freeze orders exits but thats all and thats enough Slippage is reality of trading environment....
A post that makes sense from the beginning to the end... wth is going on !?

Probably the best thing is to run a spread tracker, there are many for free.. and compare the datafeed with other brokers.
if you see spread widening or spikes right when you open a position... it's time to change broker and leave a bad review.
  • #174
  • Jan 17, 2018 1:16pm Jan 17, 2018 1:16pm
MetaQuotes only started aggressively pushing MT5 just in the last year so MT4 is not going anywhere anytime soon. MT5 still has a lot of bugs to be resolved.
  • #175
  • Jan 17, 2018 1:37pm Jan 17, 2018 1:37pm
Quoting MTEATrader
MetaQuotes only started aggressively pushing MT5 just in the last year so MT4 is not going anywhere anytime soon. MT5 still has a lot of bugs to be resolved.
bugs are not the main issue, they made major changes to the programming language..

btw if you look at the mql(5) forum there are plenty of "paid zombies" who defend them. only an idiot or a paid zombie would do that.
  • #176
  • Jan 17, 2018 2:40pm Jan 17, 2018 2:40pm
Quoting HeyYou
{quote} A post that makes sense from the beginning to the end... wth is going on !? Probably the best thing is to run a spread tracker, there are many for free.. and compare the datafeed with other brokers. if you see spread widening or spikes right when you open a position... it's time to change broker and leave a bad review.
I want to specify (before dukas_trader corrects me), you have to worry about spread widening if you don't trade huge lotsize like the average trader.
  • #177
  • Jan 17, 2018 6:15pm Jan 17, 2018 6:15pm
Quoting HeyYou
{quote} I want to specify (before dukas_trader corrects me), you have to worry about spread widening if you don't trade huge lotsize like the average trader.
Recording of Spread widening is a must to call out on the broker. Getting a new laptop with SSD drive and running a spread recording indicator is worth the investment. It's amazing how much inconsistency you will find across brokers and even between demo and live feeds. At the end of the day, it's best to device a strategy that does not affect the outcome significantly based on spread and slippage costs. If I had a choice, I would trade a 100unit position size instead of 1 microlot and run 1000s of positions to average out the spread/slippage impact.

Edit: there is a reason why 1click trading is available to us to trade on candlesticks. Guess again if it is for our 'convenience'
Staying in my lane...
  • #178
  • Jan 17, 2018 6:19pm Jan 17, 2018 6:19pm
Here's one more....why does any broker prevent us from modifying order size on a active pending limit or stop order?

I have one more 'feature' to share
Staying in my lane...
  • #179
  • Jan 17, 2018 7:00pm Jan 17, 2018 7:00pm
Quoting HeyYou
{quote} I want to specify (before dukas_trader corrects me), you have to worry about spread widening if you don't trade huge lotsize like the average trader.
did i corrected you in something? i cant remember, maybe longer time ago.

mt4 has the problem, you dont see in chart and in saved spread what you can trade directly. many is only indicated prices and not tradeable and if its tradeable you dont see at what volume you can trade exactly this price (spread). this is one of the biggest disadvantages of the metatrader platform, together with no partially filling of limit orders (only fill or kill). so when collect all spread information inside metatrader 4, it will not help a lot unfortunatelly.
  • #180
  • Jan 18, 2018 2:25am Jan 18, 2018 2:25am
Quoting dukas_trader
{quote} did i corrected you in something? i cant remember, maybe longer time ago. mt4 has the problem, you dont see in chart and in saved spread what you can trade directly. many is only indicated prices and not tradeable and if its tradeable you dont see at what volume you can trade exactly this price (spread). this is one of the biggest disadvantages of the metatrader platform, together with no partially filling of limit orders (only fill or kill). so when collect all spread information inside metatrader 4, it will not help a lot unfortunatelly....
I mean, before you come here and say "I trade 50 lots, spread widening is normal" lol jk

Yeah, I was talking about major spread widening.. not 1 or 2 ticks

as far as I know, placing limit orders inside the spread is possible with some (very few actually) metatrader brokers.
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