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MB Trading with MT4....Interested in Beta Testers.

  • #1
  • First Post: Jan 5, 2009 10:17am Jan 5, 2009 10:17am
Dear FF Members,

MB Trading has recently announced that we have started accepting request to become a Beta Testers for MT4 with our ECN execution. If you have an interest in becoming a Beta Tester, please email me at [email protected].

IMPORTANT EMAIL NOTES: Please include a brief summary of your MT experience, along with contact details and whether you would prefer to test in a live environment or demo.

For more information, you may visit http://www.mbtrading.com/metaTrader4.aspx.

**All requests must be submitted via email.
  • #2
  • Edited 1:37pm Jan 6, 2009 1:36pm | Edited 1:37pm
Hi Justin,

Yesterday I did recieve the demo account for this. I was playing with it for a while. I did notice few things, you want to post it here or email you?

Specifically on spreads, backtesting etc.,

Edit Add:-
Considering the forum you have posted, I guess the post is valid only for programmers.

Thanks
Karun
  • #3
  • Jan 6, 2009 1:38pm Jan 6, 2009 1:38pm
Quoting karun
Hi Justin,

Yesterday I did recieve the demo account for this. I was playing with it for a while. I did notice few things, you want to post it here or email you?

Specifically on spreads, backtesting etc.,

Thanks
Karun
Karun,

I would prefer you email me directly at [email protected], but if you feel it is something you would like to share with the group or that they might benefit from knowing, please feel free to do so.
  • #4
  • Jan 6, 2009 2:31pm Jan 6, 2009 2:31pm
Since this seems to come up quite a bit, I'm going to post the information here:

Regarding the Quotes

  1. Live quotes in Nav and Live quotes in Meta are the same.
  2. Demo quotes in Nav and Demo quotes in Meta are the same.

So for example, using the EUR/GBP. Let's say that the quote is 0.9040 by 0.9050 at the bank level (which is probably wider than it would really be during European, but let's give that example).

 Now, let's say in the Live environment, one of our customers places a Limit order to buy 10 EUR/GBP at 0.9045. That now becomes the bid, so the quote in the live environment is now 0.9045 by 0.9050. But demo would still show 0.9040 by 0.9050. A 5 pip difference. Note that the same would be true in reverse if someone in Demo put a buy limit at 0.9045. The live quote would still be 0.9040 by 0.9050 because obviously the demo order isn't real for a live trader to hit.

 So those are the only differences you'll see in quotes, which is the same as comparing our Nav demo quotes to Nav live quotes.

 Regarding Back Testing

 Backtesting. When we come off of Beta, we will have years of backdata available. In the meantime, there is about one month's data, and some of it has gaps from when we put code updates on the server.

We will not be installing the backdata until we go live for a variety of reasons, one of which is that it still gets messed up as we continue to update our bridge with fixes.

  • #5
  • Jan 6, 2009 4:03pm Jan 6, 2009 4:03pm
Hi Justin, received the login yesterday, thanks, works very well !

as this thread coud be dedicate to beta-testers i noted this :

with MBT , 1 lot = 10 000, so 0.1 lot = 1000 or a micro-lot

it's a little confusing, cause microlot with all other MT4 brokers is expressed by 0.01, isn't possible to start from 0.01 to 8 lots ?

Regards
  • #6
  • Jan 6, 2009 4:11pm Jan 6, 2009 4:11pm
Quoting duxis
Hi Justin, received the login yesterday, thanks, works very well !

as this thread coud be dedicate to beta-testers i noted this :

with MBT , 1 lot = 10 000, so 0.1 lot = 1000 or a micro-lot

it's a little confusing, cause microlot with all other MT4 brokers is expressed by 0.01, isn't possible to start from 0.01 to 8 lots ?

Regards
duxis,

Good looking out for other users. MB Tradings Forex has always been 1 lot = 10,000 (mini). This is how our Navigator platform works and the ECN is set up for our customers.
  • #7
  • Jan 6, 2009 4:25pm Jan 6, 2009 4:25pm
Quoting jleblang
duxis,

Good looking out for other users. MB Tradings Forex has always been 1 lot = 10,000 (mini). This is how our Navigator platform works and the ECN is set up for our customers.
Also maintains finer control over position sizing.
  • #8
  • Jan 6, 2009 5:09pm Jan 6, 2009 5:09pm
Hi Justin,

I've got the demo but had to shut it down. it worked fine for a few days until.... [Account 40001005]

1) Have a couple of orders stuck in the trade terminal that i cant close. i keep getting off quotes. The EA was stuck in a loop trying to close the order but couldnt.

2) my EA that only places 1 order per trade went into a loop and placed multiple orders. seems like MT4 didnt return a ticket number or notify the client software that orders are present since i use OrderTotal() to check.
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  • #9
  • Jan 6, 2009 5:32pm Jan 6, 2009 5:32pm
Quoting Fulltime247
Hi Justin,

I've got the demo but had to shut it down. it worked fine for a few days until.... [Account 40001005]

1) Have a couple of orders stuck in the trade terminal that i cant close. i keep getting off quotes. The EA was stuck in a loop trying to close the order but couldnt.

2) my EA that only places 1 order per trade went into a loop and placed multiple orders. seems like MT4 didnt return a ticket number or notify the client software that orders are present since i use OrderTotal() to check.
Please be advised that the Demo environment is constantly being updated with new features and code. This can happen at any point in the day as needed on our end. There was one update yesterday (Monday) around 6:30 pm EST and another one today around 1:00 pm EST. When the updates occur, they can cause orders in the system to stick, be unclosable, etc. Obviously, we don’t do this in the Live environment, which is now entering Beta anyway. But in the Demo environment, it will continue to happen once or twice a week for the next few weeks.
  • #10
  • Jan 7, 2009 1:54am Jan 7, 2009 1:54am
Will the backtest data be available for download as M1 datafiles so we can have flawless backtests? It would be a nice option so we can create accurate EA's for your system. I'm extremely hopeful for you to become my #1 broker and would like to finally end this broker switching.

Its only a few resources that us programmers really need to be effective. You're already giving us the most important part (the platform) would be nice if we could get the total full service package.
  • #11
  • Jan 7, 2009 8:23am Jan 7, 2009 8:23am
Quote
duxis,

Good looking out for other users. MB Tradings Forex has always been 1 lot = 10,000 (mini).

that's the PROBLEM.

with my MT4 broker the range is 0.01 to 8 lots (or 1000 to 800 000), the ratio is : x800.

with MBT platform : 0.1 to 8 , in reality : 1000 to 80 000 , the ratio is 80.


for an eight lots order (800 000) one click execution with my broker, 10 clicks in burst with MBT MT4 ?
  • #12
  • Jan 7, 2009 8:45am Jan 7, 2009 8:45am
Quote
for an eight lots order (800 000) one click execution with my broker, 10 clicks in burst with MBT MT4 ?
ooops my mistake !
you can increment ten by ten if you want until 80.
shame on me ! sorry


from 0.1 to 80, right ?
  • #13
  • Jan 13, 2009 7:53pm Jan 13, 2009 7:53pm
For those following MT4 developments with us:

We are currently in the process of updating the Demo environment to match the settings of our Development environment exactly. At this time, the Demo environment has been turned off to the outside world while we test and verify that everything is proper. We cannot have other trades running through while we are running these tests. After this is completed, the Demo environment will be back up and running, and also will then be open via port 443 to people behind corporate firewalls. Once this is complete, we will do the same with our Live environment, and then begin Beta testing with a handful of customers who have already been selected. I'll keep updated.
  • #14
  • Jan 13, 2009 8:25pm Jan 13, 2009 8:25pm
Any idea when the demo will be available again? Will we be notified about the availability again?

thanks
  • #15
  • Jan 13, 2009 8:56pm Jan 13, 2009 8:56pm
Quoting karun
Any idea when the demo will be available again? Will we be notified about the availability again?

thanks
You can always count on me to be here in the forums with updates...3 years strong.

No idea on when we will be back up, I'll receive an update in the morning from my Meta team.
  • #16
  • Jan 13, 2009 9:47pm Jan 13, 2009 9:47pm
Thanks Justin.

Will keep watching this thread for updates. However , as a suggesstion, it would be help if we can be emailed when the system becomes online agian.

Thanks.
  • #17
  • Jan 16, 2009 7:20pm Jan 16, 2009 7:20pm
Hi Justin,

I already have demo account mt4 mbtrading.

Is mbtrading mt4 still beta? when will you release real (non beta) mt4?
i'm interested to have live account , it is possible? what is min. deposit?

I try to log in my mbtrading mt4 demo account with metaquote metatrader4 program (not mbtrading mt4 prog.) , and it work,,,, so ,, it's need not to download mt4 program from your mbtrading website?,, just use my already have mt4 program?


Thx
Vedanta - The End Of Knowledge. ~ J. Krishnamurti ~
  • #18
  • Jan 20, 2009 9:36am Jan 20, 2009 9:36am
Hi Justin,

It appears that after the recent updates in demo, the EA's does not seem to run. I have few EA's testing on demo, which was working earlier. After the recent update now none of them see to be working (atleast they dont seem to place any orders). The same EA's work in other brokers MT4 platform.

I'am not sure if this is only with me or with every body else, just thought will let you know.

Thanks
Karun
  • #19
  • Jan 29, 2009 1:18am Jan 29, 2009 1:18am
Hi Justin,

Is there any schedule when the live version is available? I'm very interested in using mt4 with ECN and would be happy to open an account asap as you have the platform available for real money.

Will the platform have access to any kind of level II data such as near pending orders?
  • #20
  • Feb 18, 2009 12:42pm Feb 18, 2009 12:42pm
hi there,

I am running EA on ibfx broker and all trades are opening correctly but
when i use/attach same EA on MB trading meta trader, nothing works,

i do get alerts for match but no trades are executed ???

what is different with MB....

BB
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