MB Trading Futures - Introduction

Kennyhubbard-

We are hoping to have that issue fixed in Demo after rollover today and in Live after the weekend.

on demo:
Sometimes on a partial fill, I get the second ticket number and the from / to ticket numbers are in comments and the lots are correct for each ticket.
Other times, I know there was a partial from looking at the log, but there is only a "to" ticket but the to ticket is not in the terminal list.
Is there no consistent method used on this?
Why not show all the ticket numbers ??? - that is what actually happened!
Does this behave the same way on live accounts?

Yup demo looks to be in sync now. LOL what a mess it made though.

Thanks for fixing it!

One reason you get these is when you request more history data than exists on the Historical Data Server.

If you open a chart and try to load 41 days of data when there are only 40 days available, you will get that message.

Hi,

There is an issue with my live account, my trades are showing a different close and open time from the chart time. there is a 1 hour difference with the trade time showing an earlier time than the chart time. Does anybody know how to fix this?

Best Regards,
Mikhail

Ya I told them too. The problem has to do with DST on mt4. They got the demo straight today so i guess live is to be fixed next.

If you scroll up all of five posts on this thread, you'll see that this has already been addressed by Justin.

when will the web platform be ready? looks promising

Will the web platform only work with Desktop account or will MT4 accounts be able to use it?

Hey Justin,

I'm very impressed that you've managed to keep up with this thread. Shows promising service.

I'm about to sign up to MB Trading but I want to know if you provide real time tick data for NinjaTrader?

This post (http://www.forexfactory.com/showpost...postcount=6515) seems to say you don't, but later on you say you do provide "Tick-by-tick 40 days back, 1 year of minute bars, daily bars 20 years back". Is this only historical data, or do you provide real time tick data?

The funny thing is though, I only use three days of history. Now if a brokerage can't give you 72 hours of tick data reliably (when they say they can provide 40 days) and always give you some bs explanation when queried and can't even get back to you when they say they will (Yes Justin, ask Chris Field what his idea of FIVE minutes is, or fifty or five thousand for that matter, 'cause yet again I'm still waiting???) then what's the point. I'm tired of the endless calls, the arguing, uninstalling, reinstalling etc. These days I think it's easier to just shrug your shoulders and pick a new broker.

As relates to FX only -

When last this issue was discussed, Justin said they are aware that improvements need to be made, and they are working on it. I am being patient because over the years I have traded with MB I have advocated for changes and seen them implemented in time.

I am hoping for consistently available 40 days worth of tick data and zipped downloadable backups in a central location to repair the local database when needed. This seems to be the industry standard, and I will be patient to give them a chance to bring things up to that standard.

As it stands now, you could say they try to provide 40 days worth, but it isn't consistent, and when it drops out its a real pain, because NinjaTrader will delete from your local DB any data you request from the server, that you already have in your local DB, but that is missing from the server.

I have developed a "best practices" routine that has allowed me to use tick data with MB Trading. Because the danger lies in unintentionally deleting data already downloaded and stored in the local DB by requesting more data than exists on the server, I request only one days worth of data from the history server, un-click Get Data From The Server and then fill in the chart from the local database.

The steps to do that are at startup--

With no charts open at all to prevent any data from downloading

Go to Tools >> Options >>Data Tab and check the Get Data From Server box

Connect to MB Trading Server

Now open a new chart for your symbol of chart type tick, Set Load Data Based On Days, and Days to load to 1.

Click OK to Open the chart.

This will cause NT to go out to the MB server and download all ticks for one day. It will also begin updating the chart with new ticks, and as long as you have Tools >> Options >> Data >> Save Chart Data As Historical checked, it will add those new ticks to the local DB.

Now go back to TOOLS >> Options >> Data
and Un -Check Get Data From Server

Go back to your chart and and right click anywhere on the chart
Change the days to load to whatever you want and have locally... 30 etc,
Click OK, and the data will be added to you chart from the local DB, since you have unclicked Get Data From the Server.

Meanwhile, since you are connected, the chart will continue to update with live data, as long as you have

TOOLS >> Options >> Data >> Save Chart Data As Historical checked

the new data will be stored in the local DB.

If you close NT, you need to close all your charts, and go through the proceedure again, because remember that step one is to begin
With no charts open at all to prevent any data from downloading

This is necessary because if you request more data than is available on the server.... and since it is inconsistent at this time and you never know how much is on the server... NT stupidly deletes the data you have stored for the dates you requested, effectively overwriting that data with blank data.

If that happens you have lost the data.... its no longer on the server and you overwrote the local DB with blank data, so you'll have to repair from a backup file. Hope you've been making local backups, you'll need them now.

I disconnect at 4:58 PM EST each day and export the data to backup. Of course being human, sometimes I miss a backup.

Using this practice, you minimize the chance of unintentionally deleting from the local DB. You are only requesting data from the server once, and only one day at a time on startup, so the most you could lose is one days worth.

This is less than ideal, but is NinjaTraders design, and not MB's fault.
MB's improvement would be to make 40 days worth Consistently, and provide as a curtesy to its customers central downloadable backups location for the inevitable times when technology fails.

There is a thread on the NT site advocating this deleting behavior be changed so we'll see what happens. If you chart lots of symbols, and/or manually draw on and anotate your charts, you're really in for a lot of labor, because you can't just make a workspace with your common charts and keep them updateting day to day, week to week...you have to delete them and start from a no charts open NT each time. But again, that's NT's bad design.

Hope that helps out anyone trying to use tick data with MB in NinjaTrader... Its working for me, the data is clean and fast..... its just needs some improvement in the history server area.... let's hope they are working it.

If you still have the patience to try to make it work, be sure to thoroughly understand how and WHEN NT will download historical data,

Help >> Operations >> Historical and Real Time Data Section

and be aware that it will delete from your local DB any date that you already have stored, but that you request from the data server that does not exist on the server anymore.

Implicit in all this is of course that you are building a local tick database on a daily basis every day for the symbol(s) you trade.

I agree, if you can't get what you need, time to move on, or change what you need to match what you can get. I had problems with executions when scalping, so I just decided that for now I'll stick to longer time frames. It's actually worked out well for me but I would still like to see issues resolved.

And also, sometimes the minute based data doesn't match the tick based data:

coming soon - I don't have an official date, but I know its right around the corner

desktop accounts only with ability to view mt4 accounts (but no trading perms)

(all times EST)

4/27/2011 8:00:00 PM
Tradesight: Momentum: A Leading Indicator
Market Education
Whether you’re a position, swing, or active Forex trader, momentum reveals a lot about what the market might do next. Unfortunately, few traders know how to read it. In this session with Clay Marafiote of Tradesight.com, you'll learn how to use one very common (and free) indicator to help you determine whether the market is setting up continuation or a change in its current direction and where the potential profit exists in multiple timeframes.

4/28/2011 8:00:00 PM
MBT Research: Market Information at your control
Training
This webinar will train you how to use MBT Research in conjunction with the MBT Desktop & Desktop Pro. There will be training on the basic features of MBT Research tools, resources, and support for all market classes. We look forward to seeing you at this event!

5/2/2011 8:00:00 PM
MetaTrader 4 & MB Trading:
Training
This Webinar will review the basic functionality of MetaTrader 4 in correlation with MB Trading. The topics will include set up, overall features, preferences, order entry, and charting. The training will also discuss the differences between MB Trading's ECN (non-deal desk) MT4 versus generic MT4 concerning Expert Advisors and other areas. We look forward to your attendance at this event!

5/3/2011 12:00:00 PM
Desktop Pro: Options Training
Training
This webinar will review the functionality of the MBT Desktop Pro for Options. The topics will include set up, overall features, preferences, order entry, and a question and answer session. We look forward to your attendance at this event!

5/4/2011 8:00:00 PM
MBT Desktop Pro: Basic Forex
Training
This webinar will review the functionality of the MBT Desktop Pro for Forex. The topics will include set up, overall features, preferences, order entry, and a question and answer session. We look forward to your attendance at this event!

5/5/2011 8:00:00 PM
MBT Desktop Pro: Advanced Forex
Training
This webinar will train you on the advanced features of the MBT Desktop Pro in regard to Forex. The topics will include advanced preferences, advanced order entry, and charting options. It will be followed by a question and answer session. We look forward to seeing you at this event!

Register here or View Complete Schedule

I think the best solution will be to move to Kinetick for data and keep MBT as my brokerage, because as far as executions and stability are concerned I've never really had any problems with MBT.

I must be the only one getting partial fills.

Nah, it happens with limit orders sometimes for me 2.