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MB Trading Futures - Introduction

  • #6,521
  • Feb 13, 2011 11:58pm Feb 13, 2011 11:58pm

I don't use MBT my self but acording to Ninja, MB is supported,

if it don't work for you on MB I suggest you talk to NT and also MB about it,
so atleast they will be aware of the problem. hopefully they can fix it in the near future,
Im thinking of signing up with MB as my second broker because the one I use now have a little to wide spreads for my taste,
and I must say, working with NT would be very nice compared to MT4
I think Ninjatrader and MB should work hand in hand with this so it will be fixed,
both sides are winners since so many want to use Ninjatrader.
and that a big firm like MB is only offering 2 platforms, MBT trader and the Pro version,
which is practically the same platforms with a few more tweaks and MT4 is kinda weak,
PFGBEST which I think of as their worst competition is offering Bestdirect trader, TT, eSignal, Strategyrunner, and through their API
TradeStation, MetaTrader4, eSignal, Avadhi’s Focus Trader Pro, NinjaTrader and TradeNavigator. and I also know currenex is avalible.
platform is really important for traders but some brokers out there just don't seem to understand that,
I would say that the choice of platform is the next most important thing after good spreads and commision and fees,
and I must hand it to MB, they certanly succeded on that one, good work!
but still, platform DO make a big difference when selecting which broker traders want to go with,
I don't know if MB are offering an API sullotion yet, anyway I don't see it on their web page?

acording to NT's webpage
Ninja work with these Brokers

 

  1. CQG
  2. GAIN Capital/FOREX.com
  3. Interactive Brokers
  4. MB Trading
  5. Patsystems
  6. PFGBEST.com
  7. TD Ameritrade
  8. Trading Technologies
  9. Vision Financial Markets
  10. Zen-Fire

Bulls are stupid Animals!especially when Im short!
  • #6,522
  • Feb 14, 2011 12:19am Feb 14, 2011 12:19am
Quoting roughtrader
platform is really important for traders but some brokers out there just don't seem to understand that,
I would say that the choice of platform is the next most important thing after good spreads and commision and fees,
This is something I've never understood with brokers/exchanges.

As you rightly say, the platform is extremely important to traders and after spreads/commissions is the next most important thing. Yet they often are very poorly designed.

I was extremely excited about the arrival of LMAX but their trading interface is rubbish and doesn't capitalise on their strengths. Neither does MBT's platform. My own view is that a good DOM is the best way to enter trades but even the DOM offered by NT is pretty basic. One of the best I've seen is that offered by Fastbrokers.

Anyway, so dismayed was I at the offerings of LMAX that I decided to team up with a coder and we're currently designing an intuitive DOM interface for both LMAX and MBT (who do have an API BTW).
These should be up and running in the next couple of months and I'll be offering beta versions for testing by FF forum members.
He was looking for the card so high and wild hed never need to deal another
  • #6,523
  • Feb 14, 2011 12:20am Feb 14, 2011 12:20am
Justin, we need you:-)

It would be good to here from Justin about the tick data/range bars issue see my post above........post number 6519
  • #6,524
  • Feb 14, 2011 2:24am Feb 14, 2011 2:24am
I'm very interesting in beta testing! I have live account with MB Trading and LMAX as well!

Quoting dr_who
This is something I've never understood with brokers/exchanges.

As you rightly say, the platform is extremely important to traders and after spreads/commissions is the next most important thing. Yet they often are very poorly designed.

I was extremely excited about the arrival of LMAX but their trading interface is rubbish and doesn't capitalise on their strengths. Neither does MBT's platform. My own view is that a good DOM is the best way to enter trades but even the DOM offered by NT is pretty basic. One of the best I've seen is that offered...
  • #6,525
  • Feb 14, 2011 5:56am Feb 14, 2011 5:56am
Do MB trading provides real ECN accounts?
  • #6,526
  • Feb 14, 2011 6:21am Feb 14, 2011 6:21am
Quoting fxking
what happened to MBT recently? it seem that they are having some problems with their demo version MT4? where r u justin? care to explain? pls dont just 'brush' away this issue,your explanation is greatly appreciated!
They always have had issues on and off with Demo. What's new there?
  • #6,527
  • Feb 14, 2011 6:23am Feb 14, 2011 6:23am
Quoting Avalong
Do MB trading provides real ECN accounts?
Yes, they are an STP/ECN broker.
  • #6,528
  • Feb 14, 2011 8:44am Feb 14, 2011 8:44am
Quoting Crassius
Its been a few weeks since I gave up on trying to use tick data with the MB feed from the MB server.......
Crassius,

We do offer Tick-by-tick 40 days back, 1 year of minute bars, daily bars 20 years back. Could you please email me at [email protected] with your specific issues so I can connect you with someone from OPS who can help resolve the problems you seem to be having.
  • #6,529
  • Feb 14, 2011 8:51am Feb 14, 2011 8:51am
Whose ready for MBT Mobile on their Android?

In the next couple weeks the MBT Mobile application will be available for Android users via a private beta link.

For access to the link, please email [email protected].
Attached Image
  • #6,530
  • Feb 14, 2011 10:24am Feb 14, 2011 10:24am
Quoting fxking
what happened to MBT recently? it seem that they are having some problems with their demo version MT4? where r u justin? care to explain? pls dont just 'brush' away this issue,your explanation is greatly appreciated!
As we’ve stated many times in the past, the Demo environment is constantly barraged by updates that can affect trades in the system at the time of the update. If you are experiencing anything other than an occasional trade that can’t close or whatever, please give me more details.
  • #6,531
  • Feb 14, 2011 11:03am Feb 14, 2011 11:03am
Quoting jleblang
Crassius,

We do offer Tick-by-tick 40 days back, 1 year of minute bars, daily bars 20 years back. Could you please email me at [email protected] with your specific issues so I can connect you with someone from OPS who can help resolve the problems you seem to be having.


MB is providing two weeks worth of tick data, and once it scrolls off the server, that's it, you don't have any further access to it. Dukascopy for example, provides older (historical once it has scrolled off the live data server) files for download to repair or patch a data base, or to build a large database from which to backtest and perform system design/analysis. If MB would just do that.... provide downloadable files as does Dukascopy...and FXCM, and a handful of others I wouldn't trade with do, that is all that I would expect from MB Trading.

NT v7's major improvement is its historical data manager, which is ideally used to build up a local database from the data that is collected as NT is connected during the trading day. It would be great to have the historical data files to download ala Dukascopy, because trader's and especially system designers prefer to chart and design around exactly the data they will be actually trading.... not something representative of that data... like another liquidity pool. But even if files for past data to build a large testing database are not available, NT v7 promised the ability to, over time, build up a local database from that data that is downloaded on a day to day basis.

Unfortunately in real world, day to day operations with NT 7 I have found it very labor intensive at best to try to maintain a local database without having to rebuild patch or repair the local database. This is a result of the way NT v7 is designed.... not ideal in my opinion, but the result of design decisions they made and they are not going to change. Having a set of downloadable files to perform such patches repairs etc would be great help...
  • #6,532
  • Feb 14, 2011 12:28pm Feb 14, 2011 12:28pm
Quoting jleblang
Whose ready for MBT Mobile on their Android?

In the next couple weeks the MBT Mobile application will be available for Android users via a private beta link.

For access to the link, please email [email protected].

Finally! Excellent!!!
  • #6,533
  • Feb 14, 2011 12:43pm Feb 14, 2011 12:43pm
Quoting DrainBamage
Finally! Excellent!!!
just for fun, here is a picture taken of my phone with the FX Board open on the Droid HTC
Attached Image (click to enlarge)
Click to Enlarge Name: on droid.jpg Size: 92 KB
  • #6,534
  • Feb 14, 2011 7:01pm Feb 14, 2011 7:01pm
Justin,
Here is the image.
Attached Image
FrankieB
  • #6,535
  • Feb 14, 2011 7:49pm Feb 14, 2011 7:49pm
Quoting jleblang
Crassius,

We do offer Tick-by-tick 40 days back, 1 year of minute bars, daily bars 20 years back. Could you please email me at [email protected] with your specific issues so I can connect you with someone from OPS who can help resolve the problems you seem to be having.
I can see less then 1 day of tick chart on Desktop Pro.
  • #6,536
  • Feb 14, 2011 9:33pm Feb 14, 2011 9:33pm
live mt-4 customers can you tell me how's things going with there MT-4 Platform, good or bad. thanks
  • #6,537
  • Feb 14, 2011 9:39pm Feb 14, 2011 9:39pm
Quoting PoundTrader
live mt-4 customers can you tell me how's things going with there MT-4 Platform, good or bad. thanks
Flawless for me since June.
FXChant Singing the World of Forex
  • #6,538
  • Feb 15, 2011 6:16am Feb 15, 2011 6:16am
Quoting Crassius
MB is providing two weeks worth of tick data, and once it scrolls off the server, that's it, you don't have any further access to it....
Crassius,

Short of a never-ending server-stream of tick data, what would be your ideal scenario here?

A place to download a file of tick data for each day (5 pm EST to 5 pm EST)?

A place to download a file of tick data where each file = a week of data?

Something else?

Document for me what you think the ideal situation in your wildest dream would be.
  • #6,539
  • Feb 15, 2011 6:43am Feb 15, 2011 6:43am
Hi MB trading,

I'm from a country that the government doesn't allow their citizen to wire or send foreign currency checks to oversea. I don't see that you allowing people to send money via paypal or credit card. Why not? I'm trading with Forex.com but I really don't like their FIFO rule. I want to get out of CFTC regulation .
  • #6,540
  • Feb 15, 2011 7:07am Feb 15, 2011 7:07am
Justin,
I'm not Crassius, but I have a vote:
History: Just like rate Gain:
A file for each week, zipped and available on your server, keep it for 10 years.
Current:
I'm interested in Ninja Trader (prefer ver 6.5, but will move to 7 if necessary).
Enough to backfill a tick chart for a week or two.
I like x-ticks, x-tick range, and renko.
If the data is there thru the API then Ninja can get it.
Thanks, Ken


ps: About the "Pay for Limit Orders": Is this a temporary promotion thing just to get customers and then it will be dropped?

Great idea if it is permanent.
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