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  • #3,141
  • Sep 1, 2020 2:53pm Sep 1, 2020 2:53pm
Quoting AnRan
{quote} Gotta understand how it works. Multiple LP system, the execution goes to the best priced LP. People's SLs are getting skipped because the price is getting sent to a server that doesn't even have that symbol suffix. That's why they initially had to revert back. You could see floating PL moving, but not see it in the chart. We are watching another LPs data but a different LPs price (change in server close/rollover is still there). Not a problem if they had EVERYONE close their trades over the weekend.
But taking your own explanation you should not be able to close old trades too, right?
Try don't lose pants never...
  • #3,142
  • Sep 1, 2020 3:13pm Sep 1, 2020 3:13pm
Quoting braintheboss
{quote} But taking your own explanation you should not be able to close old trades too, right?
Incorrect. The floating of the .lmax suffix is still moving, so we are still connected to the previous LP's, it's just not for their charting. Ever see a broker that only has 2 months worth of history on a chart, but another broker has 5 years? Thats your chosen stream. But that doesn't mean you aren't connected to 5 different LP's behind it. Even in trading view, type in EURUSD, you'll get a few different with a few variations in price. The purpose of the ECN system to is to route your order to the best priced when executing your trade.

the suffix .lmax is the problem. It's the period that is causing the issue. Open a chart and hit "space bar", then type in eurusd, it pops right up. Now try "space bar" then type in "eurusd.lmax" and it wont' do it. If it said EURUSDlmax it wouldn't be a problem, but the period screws it all up. So the old trade can't be routed to the new LP. I'm zero surprised someones SL didn't get hit even though price passed it in their MT4 chart. Again, either have everyone close out trades, including challenges over the weekend, so on Monday everyone starts up without .lmax but it can still be routed to LMAX as an LP. Or don't include challenges/verification into the new server, just funded accounts. The solution is simple, the problem is their state of mind
The best strategy is a profitable one.
  • #3,143
  • Sep 1, 2020 3:31pm Sep 1, 2020 3:31pm
Quoting fx75
{quote} trial?
real, i paid on friday. I have been setting this up for 2 weeks now practicing and getting the rules in order to comply with the restrictions. Actually after using the restrictions it isn't so hard to stay profitable because you are consciously sticking to the daily loss param.
  • #3,144
  • Sep 1, 2020 3:33pm Sep 1, 2020 3:33pm
Quoting AnRan
{quote} Gotta understand how it works. Multiple LP system, the execution goes to the best priced LP. People's SLs are getting skipped because the price is getting sent to a server that doesn't even have that symbol suffix. That's why they initially had to revert back. You could see floating PL moving, but not see it in the chart. We are watching another LPs data but a different LPs price (change in server close/rollover is still there). Not a problem if they had EVERYONE close their trades over the weekend.

Lmax isn't multiple LP's, they funnel orders into their own book then funnel them out. If they matched LP to trader they would get feed raped by HFT algos because their feed has always been jagged and sporadic. They are known to ask "Toxic" traders to leave regularly and in the 8 yrs i have worked with them as an LP (I used to be a broker) they have the worst rejection rate of any LP i have seen.
  • #3,145
  • Sep 1, 2020 3:45pm Sep 1, 2020 3:45pm
Quoting AnRan
{quote} Incorrect. The floating of the .lmax suffix is still moving, so we are still connected to the previous LP's, it's just not for their charting. Ever see a broker that only has 2 months worth of history on a chart, but another broker has 5 years? Thats your chosen stream. But that doesn't mean you aren't connected to 5 different LP's behind it. Even in trading view, type in EURUSD, you'll get a few different with a few variations in price. The purpose of the ECN system to is to route your order to the best priced when executing your trade....
I close all my trades every week, even though I am in the challenge. I am on MT4, on the new server, and still opening and closing .lmax instruments. It's actually the ONLY ones I can trade.
  • #3,146
  • Sep 1, 2020 4:09pm Sep 1, 2020 4:09pm
Quoting pipmaster77
{quote} I close all my trades every week, even though I am in the challenge. I am on MT4, on the new server, and still opening and closing .lmax instruments. It's actually the ONLY ones I can trade.
I agree. I didn't try new symbols but I havent problem with lmax symbols in new server
Try don't lose pants never...
  • #3,147
  • Sep 1, 2020 4:10pm Sep 1, 2020 4:10pm
Quoting Takisd
{quote} Lmax isn't multiple LP's, they funnel orders into their own book then funnel them out. If they matched LP to trader they would get feed raped by HFT algos because their feed has always been jagged and sporadic. They are known to ask "Toxic" traders to leave regularly and in the 8 yrs i have worked with them as an LP (I used to be a broker) they have the worst rejection rate of any LP i have seen.
I'm not saying LMAX is multiple LP's. I'm saying LMAX is a LP. The purpose of this transfer was to include more LP's other than LMAX alone. They also stated our charts would be switched over to the new LP's charts, so we'd see a difference in rollover, which we see, but initially the .lmax trades floating were still moving when markets opened on Monday Asia, even though those charts were unavailable. So they obviously bridged to the new LP while leaving trades open from LMAX, even though they re-added the suffix, the price we are currently see isn't LMAX.

On your other point, my very first post here was about how LMAX is horrible. Just another reason I think arbitrage is a good thing, those HFT traders would improve the market by getting rid of MFT LP's like LMAX. Every person I've ever spoken to in a brokerage house in Europe has said the same thing as you.

I partnered with brokers in Asia, like a MasterIB type of thing. So while I had access to admin, manager, and their CRM. I never used MT4 bridge as that was outside my purview.
The best strategy is a profitable one.
  • #3,148
  • Sep 1, 2020 4:16pm Sep 1, 2020 4:16pm
Quoting braintheboss
{quote} I agree. I didn't try new symbols but I havent problem with lmax symbols in new server
What stage? Challenge?
  • #3,149
  • Sep 1, 2020 4:19pm Sep 1, 2020 4:19pm
Quoting AnRan
{quote} I'm not saying LMAX is multiple LP's. I'm saying LMAX is a LP. The purpose of this transfer was to include more LP's other than LMAX alone. They also stated our charts would be switched over to the new LP's charts, so we'd see a difference in rollover, which we see, but initially the .lmax trades floating were still moving when markets opened on Monday Asia, even though those charts were unavailable. So they obviously bridged to the new LP while leaving trades open from LMAX, even though they re-added the suffix, the price we are currently...

I highly doubt, HIGHLY doubt that FTMO is running its own bridge and LP streams and holding margin at more than 1 LP they are not set up as an organisation for it and considering the leverage offering, well...... ouch. Whats going on right now to me is people bought an MT4 server and plugged in a pnp aggregator LP (lmax and aggregator LP's are retail LP's with low top of book an low margin requirements) and it bugged out with whatever their trade copying system is vs them previously just being a white/grey label of someone else's tech. The data stream doubled up heaps of bars and was lagging heavily.

If they are going to run a profitable book of traders, they are going to need to move on from lmax/hotspot/currenex/integral and find a proper deep top of book LP for FX and a CFD/COMMOD LP who are executing on futures but offering low margin, which means likely scalping won't be allowed at all because the only CFD LP's who will allow quick profitable trades are brokers booking you as its hard to hedge fast enough.

It looks like they have taken the server down for now at roll over, glad im not in the market at all.
  • #3,150
  • Sep 1, 2020 4:28pm Sep 1, 2020 4:28pm
Guys don't know if it's just me but this new server is a mess.

First sl and tp are not triggered. Then some HTF are a mess. Now I'm having problems connecting to the server. Or I can connect and the bars just don't move or I just can't connect. I know they are fixing this problems but it's really to complete a challenge with all of this.

I don't how this works but for me it seems that they don't test the server before they migrate the accounts.

For now I have a position opened on AUDUSD, the market is moving in other brokers and don't know if the sl is triggered in case the price doesn't move in my direction.

I like mt4 but i'm really considering change for ctrader after this stage of challenge.

Or can you guys tell me if the Purple server is having this problems?
  • #3,151
  • Sep 1, 2020 4:31pm Sep 1, 2020 4:31pm
Quoting pipmaster77
{quote} What stage? Challenge?
No. Free trial but I think it will be same internally. I don't think they route challenges to their real accounts
Try don't lose pants never...
  • #3,152
  • Sep 1, 2020 4:34pm Sep 1, 2020 4:34pm
Quoting willfant
Guys don't know if it's just me but this new server is a mess. First sl and tp are not triggered. Then some HTF are a mess. Now I'm having problems connecting to the server. Or I can connect and the bars just don't move or I just can't connect. I know they are fixing this problems but it's really to complete a challenge with all of this. I don't how this works but for me it seems that they don't test the server before they migrate the accounts. For now I have a position opened on AUDUSD, the market is moving in other brokers and don't know if the...
its everyone including the "funded traders"
  • #3,153
  • Sep 1, 2020 4:43pm Sep 1, 2020 4:43pm
Quoting Takisd
{quote} I highly doubt, HIGHLY doubt that FTMO is running its own bridge and LP streams and holding margin at more than 1 LP they are not set up as an organisation for it and considering the leverage offering, well...... ouch. Whats going on right now to me is people bought an MT4 server and plugged in a pnp aggregator LP (lmax and aggregator LP's are retail LP's with low top of book an low margin requirements) and it bugged out with whatever their trade copying system is vs them previously just being a white/grey label of someone else's tech. The...
One of the reasons I went with that first scenario is the data stream doubled up on bars but with different open/close times. So we're see two data streams.

I don't have any open trades either. When they re-added .lmax on Monday Asia morning but the 4hr close wasn't NY time anymore, I knew something was going to go wrong. One week isn't going to kill me, I have 2 months to make 5% in a verification, but I feel for maflip and the others experiencing issues they don't need to be having because they didn't want everyone to close out their trades over the weekend. I get that pipmaster closed his trades out even in challenge, but that doesn't really matter cause 1. It's not a challenge rule, and 2. FTMO loves to stick to the rules when its time for someone to repay for a challenge, it should work both ways.
The best strategy is a profitable one.
  • #3,154
  • Sep 1, 2020 4:44pm Sep 1, 2020 4:44pm
So far everything is fine in forex for me. Still using the .lmax quoted pairs - same with bb, i thought we should use the quoted pairs without .lmax but for some reason these are the only pairs that works on my terminal.

I hope FTMO fix the errors for their funded traders.
adapt or be killed
  • #3,155
  • Sep 1, 2020 5:25pm Sep 1, 2020 5:25pm
Man these two ghetto ass wannabe guys on instagram are brigading ftmo hardcore its pretty gross. I wish instagram didnt support instagram scammers.
  • #3,156
  • Sep 1, 2020 7:14pm Sep 1, 2020 7:14pm
Quoting braintheboss
I checked symbols now and they have old lmax and new symbols without suffix. And looks you still can use old symbols then if you have opened last week trades, should not affect you in challenges. Even you still can open with lmax this week...
I no longer have .lmax quoted pairs in my MT4 after switching to the new server, probably because I don't have any open trades from last week.
And I also have the same issues with higher timeframe charts (D1, W1, and MN) as @tradista does.
Fortunately, I found the issues before I was going to start my challenge. Now I have to wait until FTMO fixes it.
  • #3,157
  • Sep 1, 2020 8:08pm Sep 1, 2020 8:08pm
Quoting Takisd
{quote} real, i paid on friday. I have been setting this up for 2 weeks now practicing and getting the rules in order to comply with the restrictions. Actually after using the restrictions it isn't so hard to stay profitable because you are consciously sticking to the daily loss param.
oh, that's bad!
good luck ..trading is hard enough!
  • #3,158
  • Sep 1, 2020 8:24pm Sep 1, 2020 8:24pm
Quoting fx75
{quote} oh, that's bad! good luck ..trading is hard enough!
I am at 9% now and only 2% DD and flat so ill make the 1% tomorrow and just chill for the next 7 or so days with small sizes because the feed isnt reliable enough to try to "impress"
  • #3,159
  • Sep 1, 2020 8:33pm Sep 1, 2020 8:33pm
Quoting Xxyy
{quote} I no longer have .lmax quoted pairs in my MT4 after switching to the new server, probably because I don't have any open trades from last week. And I also have the same issues with higher timeframe charts (D1, W1, and MN) as @tradista does. Fortunately, I found the issues before I was going to start my challenge. Now I have to wait until FTMO fixes it.
This is what I am finding strange. I am in the challenge, I was flat end of day Friday, went to the new server market open this week. I still have .lmax pairs and they are the only tradeable pairs on my platform.
  • #3,160
  • Sep 1, 2020 11:31pm Sep 1, 2020 11:31pm
Quoting pipmaster77
{quote} This is what I am finding strange. I am in the challenge, I was flat end of day Friday, went to the new server market open this week. I still have .lmax pairs and they are the only tradeable pairs on my platform.
Just figured out the reason why I don't have .lmax quoted pairs is probably that my challenge account is new (I just had that account yesterday after making my payment and has not placed any trade yet). If I log in with my 14 days trial account, I can see .lmax quoted pairs. However, with my new challenge account, I don't see them. They are not even in the Symbols menu.
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