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Attachments: Interbank FX. The most reliable MT4 broker around?
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Interbank FX. The most reliable MT4 broker around?

  • #81
  • Dec 6, 2009 7:24pm Dec 6, 2009 7:24pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
@ Abigail
Are you aware that on the mt4 strategy tester ibfx let run hedge systems still unrestricted??????
  • #82
  • Dec 8, 2009 3:34am Dec 8, 2009 3:34am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting onu
@ Abigail
Are you aware that on the mt4 strategy tester ibfx let run hedge systems still unrestricted??????

still no answer........
  • #83
  • Dec 8, 2009 3:59am Dec 8, 2009 3:59am
Quoting onu
@ Abigail
Are you aware that on the mt4 strategy tester ibfx let run hedge systems still unrestricted??????
That because the Strategy tester has absoultely nothing to do with your broker. You can create your own fake broker to run Backtests with Reko Bars in Offline Mode. Also the history data you download does not belong to IBFX it's downloaded from Metaquotes Server.
  • #84
  • Dec 8, 2009 4:25am Dec 8, 2009 4:25am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting Tjpld
That because the Strategy tester has absoultely nothing to do with your broker. You can create your own fake broker to run Backtests with Reko Bars in Offline Mode. Also the history data you download does not belong to IBFX it's downloaded from Metaquotes Server.
Thx , I do know that. I m awaiting an answer from Abigail/ibfx.
Doesn't this really mislead newbies, to be able to test a strategy that doesn't work on real account?

THIS should be forbidden by the famous NFA.......

IMO a strategy tester has to reflect what's really possible to trade on the individual brokers platform. Everything else means a trap
  • #85
  • Dec 8, 2009 4:58am Dec 8, 2009 4:58am
Quoting onu
IMO a strategy tester has to reflect what's really possible to trade on the individual brokers platform.
That's what the demo account is for.

Anyway, I thought IBFX allowed hedging in MT4.
  • #86
  • Edited 8:14am Dec 8, 2009 5:53am | Edited 8:14am
Quoting onu
Thx , I do know that. I m awaiting an answer from Abigail/ibfx.
Doesn't this really mislead newbies, to be able to test a strategy that doesn't work on real account?

THIS should be forbidden by the famous NFA.......

IMO a strategy tester has to reflect what's really possible to trade on the individual brokers platform. Everything else means a trap
That's not their fault. They have no control over what Metaquote programms in their MT4. Blame them.
They don't own MT4 they just bought a license.
  • #87
  • Dec 8, 2009 6:16am Dec 8, 2009 6:16am
Quoting onu
Thx , I do know that. I m awaiting an answer from Abigail/ibfx.
Doesn't this really mislead newbies, to be able to test a strategy that doesn't work on real account?

THIS should be forbidden by the famous NFA.......

IMO a strategy tester has to reflect what's really possible to trade on the individual brokers platform. Everything else means a trap

Reading this and other recent threads I get a sense we are about to go thru another spat of 'the brokers fault - i'm clueless' threads here on FF.
In trading, there is no bullshit. You either make money or you don't.
  • #88
  • Dec 8, 2009 8:39am Dec 8, 2009 8:39am
Quoting mrgreen

Reading this and other recent threads I get a sense we are about to go thru another spat of 'the brokers fault - i'm clueless' threads here on FF.
*facepalm*

Does kind of look like that, doesn't it?

I keep expecting someone to post an affiliate link to another broker, laff.
  • #89
  • Dec 8, 2009 9:30am Dec 8, 2009 9:30am
Quoting mrgreen

Reading this and other recent threads I get a sense we are about to go thru another spat of 'the brokers fault - i'm clueless' threads here on FF.
Yet another "Im the best trader" with pearls of wisdom. What a load.
FF = Forex Faggots
  • #90
  • Dec 8, 2009 9:43am Dec 8, 2009 9:43am
Interbank FX's performance page now shows an average order execution duration of 1.037ms for the period 2009-11-22 to 2009-11-27.

I still think this is quite unrealistic, and I'm leaning towards believing that Interbank FX is displaying false information.

I think most people don't realize how unrealistic 1.037ms is, because they don't time their executions. It's not really possible to know just by watching. You need to use code like this:
Inserted Code
  int orderStartPointInTime = GetTickCount();
   int ticket = OrderSend(...);
   double orderExecutionDurationInMs = GetTickCount() - orderStartPointInTime;
From my experience trading both demo and live at many different brokers, order execution duration in the range 100ms to 2000ms is very realistic.
Attached Image
  • #91
  • Dec 8, 2009 1:04pm Dec 8, 2009 1:04pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting mrgreen

Reading this and other recent threads I get a sense we are about to go thru another spat of 'the brokers fault - i'm clueless' threads here on FF.

My concern is about newbies.... do u still remember when u started trading? So many traps around and this is one of them for the beginners..

Since everything can be manipulated with plug ins on mt4 from the broker side, why shouldn't it be possible to plug in the same restrictions and trading conditions on the tester as on the real chart???

better "clueless" and supportive than arrogant...
---------------------------------------------
http://www.myfxbook.com/members/pc8multifx
  • #92
  • Dec 8, 2009 1:23pm Dec 8, 2009 1:23pm
Quoting onu
why shouldn't it be possible to plug in the same restrictions and trading conditions on the tester as on the real chart???
Just program the restrictions into the EA being tested.

Please stay on topic.
  • #93
  • Dec 8, 2009 3:06pm Dec 8, 2009 3:06pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting Hyper
Just program the restrictions into the EA being tested.

Please stay on topic.

Interbank FX. The most reliable MT4 broker around? Thats the topic!

Did Abigail/ibfx answer to the tester issue?
  • #94
  • Dec 8, 2009 3:53pm Dec 8, 2009 3:53pm
Quoting onu
My concern is about newbies.... do u still remember when u started trading? So many traps around and this is one of them for the beginners..

Since everything can be manipulated with plug ins on mt4 from the broker side, why shouldn't it be possible to plug in the same restrictions and trading conditions on the tester as on the real chart???

better "clueless" and supportive than arrogant...
---------------------------------------------
http://www.myfxbook.com/members/pc8multifx
They do not own Metatrader 4 they just have a license onu.
There is simply no way they can change any of the features that don't even need a connection to your broker to run them.

It's nice that you care that much about noobs but you're not getting anywhere.
  • #95
  • Dec 8, 2009 4:50pm Dec 8, 2009 4:50pm
Quoting 8fingers
Yet another "Im the best trader" with pearls of wisdom. What a load.
Comment from the guy who starts a thread on how to whine a cry enough to get the broker to fund an acct for them to shut them up. Way to take personal responsibility. Noobs can learn a lot from this.
In trading, there is no bullshit. You either make money or you don't.
  • #96
  • Dec 8, 2009 7:31pm Dec 8, 2009 7:31pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting Tjpld
They do not own Metatrader 4 they just have a license onu.
There is simply no way they can change any of the features that don't even need a connection to your broker to run them.

It's nice that you care that much about noobs but you're not getting anywhere.

Yeah Tjpld, seems to be true (traurig aber wahr)
  • #97
  • Dec 8, 2009 8:17pm Dec 8, 2009 8:17pm
Wow, this didn't take long to go down hill.

Recycle bin, here we come!
  • #98
  • Dec 8, 2009 10:06pm Dec 8, 2009 10:06pm
Quoting Rabid
Wow, this didn't take long to go down hill.

Recycle bin, here we come!
It's not time to trash it yet. Someone just needs to confirm the execution durations using the code that I posted here: http://www.forexfactory.com/showpost...7&postcount=90

i.e. if you trade live at Interbank FX simply record the execution durations by using the code in your Expert Advisors. Print the value to the Experts log. Then report back here with your findings.

I think we may find that an average duration of 1.037ms is an obvious lie.
  • #99
  • Dec 9, 2009 6:11am Dec 9, 2009 6:11am
Quoting Hyper
I think we may find that an average duration of 1.037ms is an obvious lie.
Well yeh, we've already talked about that. It all depends on how you define execution time. If you define it as time for a placed order to become an active market order, well that's one thing (and probably still more than 1ms, but who knows).

On the other time if you're doing what that script is doing then you're measuring round trip ping times as well, which is highly dependent on your internet connection and says nothing about ibfx.
  • #100
  • Dec 9, 2009 8:16am Dec 9, 2009 8:16am
Quoting Rabid
you're measuring round trip ping times as well
... which is quickly and easily measurable by either executing the ping or tracert command in a command prompt:
Inserted Code
ping 66.114.120.34
or
Inserted Code
tracert 66.114.120.34
You can then deduct the round trip ping duration from the value that you got from the Expert Advisor log to get Interbank FX's actual execution duration of your submitted order.

So can someone who trades at Interbank FX please measure your execution (and ping) durations? It's not difficult at all.
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