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Arbitrage between 2 brokers

  • #141
  • Dec 8, 2011 5:18pm Dec 8, 2011 5:18pm
WOW! I had no idea they had a telnet deamon running in the MT4 server.

Time to put my hacker hat back on!

Quoting Ultimate6
You used to be able to telnet. Like so:

$ telnet 216.93.169.220 443
Trying 216.93.169.220...
Connected to 216.93.169.220.
Escape character is '^]'.

MetaTrader Server 4.00 build 391
Ava Financial Ltd.

QUOTES-EURUSD,EURGBP,

up EURUSD 1.4105 1.4106 2011.03.24 02:02:49
down EURGBP 0.8673 0.8675 2011.03.24 02:02:41
2011.03.24 02:02:49

LIST

CONFIRMLISTS-EURUSDEURGBPAms.AEGNAms.AHLNAms.AKZOAms.ASMLAms.BAMNAms.BOSNAms.CORAms.DSMNAms.ELSNAms.FUGRcAms.HEINAms.INGAms.ISPAAms.KPNAms.PHGAms.RANDAms.RDSaAms.SBMOAms.TNTAms.TOM2Ams.UNcAms.WEHAAms.WLSNcCBOT.WFft.BMWGFft.VOWGHel.NOK1VLSE.AALLSE.ABFLSE.ADMLLSE.AMECLSE.ANTOLSE.AUTNLSE.AVLSE.AZNLSE.BAESLSE.BALFLSE.BARCLSE.BATSLSE.BAYLSE.BGLSE.BLTLSE.BNZLLSE.BPLSE.BSYLSE.BTLSE.CCLLSE.CNALSE.CNELSE.COBLSE.CPGLSE.CPILSE.CWLSE.DGELSE.ENRCLSE.EXPNLSE.FRCLLSE.FRESLSE.GFSLSE.GSKLSE.HOMELSE.HSBALSE.IAPLSE.IHGLSE.IIILSE.IMTLSE.IPRLSE.ISALSE.ISYSLSE.ITRKLSE.JMATLSE.KAZLSE.KGFLSE.LGENLSE.LMILSE.LSELSE.MKSLSE.MRWLSE.NGLSE.NXTLSE.OMLLSE.PFCLSE.PNNLSE.PRULSE.PSONLSE.RBLSE.RDSaLSE.RDSbLSE.RELLSE.REXLSE.RIOLSE.RRLSE.RRSLSE.RSALSE.SABLSE.SBRYLSE.SGELSE.SHPLSE.SLLSE.SMINLSE.SNLSE.SRPLSE.SSELSE.STANLSE.SVTLSE.TCGLSE.TLWLSE.TSCOLSE.TTLSE.ULVRLSE.UULSE.VEDLSE.VODLSE.WOSLSE.WPPLSE.XTAMad.ABEMad.ABGMad.ACSMad.ACXMad.ANAMad.BB...
  • #142
  • Dec 8, 2011 10:33pm Dec 8, 2011 10:33pm
Quoting FiatFap
F9 invokes the order form, but there's no shortcut to action the buy/sell buttons; i guess that's by design to avoid any mishaps.

btw, your EA vid was mightily impressive - your CPU usage must go bat shit crazy crunching all that data per tick.

@nondisclosure00 - you're right, the packets are encrypted.
Not what I meant.

You can program scripts to automatically place a predetermined buy/sell trade as necessary, and can have those scripts triggered using hotkeys defined by metatrader.
  • #143
  • Dec 9, 2011 1:05am Dec 9, 2011 1:05am
Just to follow up, my quote capture architecture takes the processing outside of Metatrader and DOESN'T use OCR to read the quotes. I see moving the processing outside of MT4 as a benefit because I don't really trust that the developers of MT4 put speed of MQL4 code execution as one of their highest priorities. With this setup, the speed is only limited by two things:

1) rate at which Metatrader updates quotes in the terminal

2) speed of processing in quote capture program. I have my timer set to 10ms but this could probably be made faster by moving the code from vb6 to C#/C++ though it's fast enough for my purposes and I have too many projects...

I then transmit the quotes over a network using mailslots, and am following 3 br0kers using one process for each br0ker with this setup.

Quoting FXEZ
I wonder which is faster, the quote window refresh in MT4 or a looping EA refreshing the data every loop?

edit: the question is semi-rhetorical in that I use the former method to retrieve quotes.
  • #144
  • Dec 9, 2011 8:20am Dec 9, 2011 8:20am
C++ is faster. But you're still reliant in MT4 to send your trades back and forth.

MQL4 is good if you're doing simple calculations; and I do mean SIMPLE. Anything that resembles complex, should be done in a C++ DLL. Example: I still need to find the time to re-write my Least Squares slope Indicator to use a C++ DLL.

Quoting FXEZ
Just to follow up, my quote capture architecture takes the processing outside of Metatrader and DOESN'T use OCR to read the quotes. I see moving the processing outside of MT4 as a benefit because I don't really trust that the developers of MT4 put speed of MQL4 code execution as one of their highest priorities. With this setup, the speed is only limited by two things:

1) rate at which Metatrader updates quotes in the terminal

2) speed of processing in quote capture program. I have my timer set to 10ms but this could probably be made faster by...
  • #145
  • Dec 9, 2011 7:06pm Dec 9, 2011 7:06pm
Quoting FiatFap
btw, your EA vid was mightily impressive - your CPU usage must go bat shit crazy crunching all that data per tick.
Surprisingly, no. All terminals combined don't hit higher than 15%
  • #146
  • Dec 11, 2011 10:46am Dec 11, 2011 10:46am
As I understand what we are trying to achieve here is to find Faster Source

of real FX data (My guess direct ECN like Dukascopy compare to Slowest retail "Bucket Shop" broker),

it's hardly an "Arbitrage". (I don't think

technically it's possible overlaying charts from different sources),

but the best approach is to Overlay charts lets say

"EURUSD" from different Brokers on the 1 MT4 station M1 TF (FAST). Once

10+ pips

in second move occurs (for example "UP") place buy on the slow moving

broker and close the trade after 2-3 seconds.

Downside:

Several accounts must

be open in order to get access to the real data.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #147
  • Dec 11, 2011 1:39pm Dec 11, 2011 1:39pm
Quoting SkyzerFX
As I understand what we are trying to achieve here is to find Faster Source

of real FX data (My guess direct ECN like Dukascopy compare to Slowest retail "Bucket Shop" broker),

it's hardly an "Arbitrage". (I don't think

technically it's possible overlaying charts from different sources),

but the best approach is to Overlay charts lets say

"EURUSD" from different Brokers on the 1 MT4 station M1 TF (FAST). Once

10+ pips

in second move occurs (for example "UP") place buy on the slow moving

broker and close the trade after 2-3 seconds....

No. That is not arbitrage. See my previous arbitrage primer.
  • #148
  • Dec 11, 2011 2:22pm Dec 11, 2011 2:22pm
If any of this would help out there.

I've got some .net code for reading/writing the MT4 binary price files.
EA and .net dll for doing anything you can do in mql or receiving the tick data in a .net application.
I've got a .net dll that talks directly to mt4 server (reversed protocol) but its hard coded trial expiring on Wednesday.
  • #149
  • Dec 11, 2011 2:30pm Dec 11, 2011 2:30pm
I'm playing around with the following formula. If anyone wants to help me out with refining or ideas about it.

Profit = (Bid2_open - Ask1_open + Bid1_close - Ask2_close) * Amount
  • #150
  • Dec 13, 2011 4:33pm Dec 13, 2011 4:33pm
Here is a live webinar with Jason Fielder on Wed Dec 14 that should answer some questions.

http://www.freeforexwebinar.com...campaign=[FxArb][InternalWebReg1][12-12-11]&Contact0LeadSourceId=169&email=
  • #151
  • Dec 13, 2011 4:57pm Dec 13, 2011 4:57pm
Great Codemeister.

I read that RonaldRaygun is also holding a webinar too along the same kinda lines tonight and tomorrow too which will be cool.

Might be a good idea to check out both. Here's the links to his one too.

December 13, 9PM EST Webinar: http://www.anymeeting.com/PIID=EB50DD808749

December 14, 9AM EST Webinar: http://www.anymeeting.com/PIID=EB50DD80864C

His arb thread is here: http://www.forexfactory.com/showthread.php?t=331106
  • #152
  • Dec 13, 2011 10:01pm Dec 13, 2011 10:01pm
What profit are you looking to calculate? Current open orders, possible orders, etc.?

Quoting Ultimate6
I'm playing around with the following formula. If anyone wants to help me out with refining or ideas about it.

Profit = (Bid2_open - Ask1_open + Bid1_close - Ask2_close) * Amount
  • #153
  • Dec 15, 2011 12:24pm Dec 15, 2011 12:24pm
Asinine email titles from Fielder's ArbFX:

"No Charts Required - 22 Pips a minute"
Politics is the womb in which war develops.
  • #154
  • Dec 16, 2011 11:15pm Dec 16, 2011 11:15pm
Quoting nondisclosure00
blah blah blah. I hear it ALL the time. But when I ask these people who have gotten "kicked off" for doing this; I ask them for proof. Show your account being closed by the broker. Show me the letter/email stating WHY you were kicked off. Show me you weren't getting paid for your profitable trades.

I've asked to about 14 so far that I've found telling me this. Out of those 14 ..... 0 have been able to provide proof.

So, I'm going to continue until it either happens to me, or there is proof.
http://www.forexfactory.com/showthread.php?t=299780
  • #155
  • Dec 17, 2011 12:34am Dec 17, 2011 12:34am
Take a look at his myfxbook page. In a span of 9 days, 9 DAYS, his account went from -109% to +600%. Hell yeah, that's gonna raise flags.

That's like running through a murder scene w/ a bloody knife in your hand yelling "I did it, I did it".

When doing Arb, you have to be smart. Not like what this guy did.

Quoting bravester
http://www.forexfactory.com/showthread.php?t=299780
  • #156
  • Dec 17, 2011 1:23am Dec 17, 2011 1:23am
Quoting nondisclosure00
Take a look at his myfxbook page. In a span of 9 days, 9 DAYS, his account went from -109% to +600%. Hell yeah, that's gonna raise flags.

That's like running through a murder scene w/ a bloody knife in your hand yelling "I did it, I did it".

When doing Arb, you have to be smart. Not like what this guy did.
So finely I found the right site. So the GUI on Jayson is fricking good and I see some one wants to Machine code this but the fact is have you tried this out? and if so how are you doing?
also I have found (with help) a good Russian upload site that works. 50 meg or less and ten days . this could be interesting.
http://zalil.ru/
Thanks all I hope this works!
I don't want to spend 2000 if this wont work but if it did.. I would kiss and bow down ..you know the rest. Peace
  • #157
  • Edited Dec 19, 2011 2:32pm Dec 18, 2011 5:24pm | Edited Dec 19, 2011 2:32pm
Quoting nondisclosure00
Take a look at his myfxbook page. In a span of 9 days, 9 DAYS, his account went from -109% to +600%. Hell yeah, that's gonna raise flags.

That's like running through a murder scene w/ a bloody knife in your hand yelling "I did it, I did it".

When doing Arb, you have to be smart. Not like what this guy did.
Hi nondiscosure00,
first of all I want to congartulate for this great thread and the spendid job you , and some of other partecipants did.

I have a problem to let run your EA (generic EURUSD terminal 1 &2).
I think i did everything you mention on post#1 i.e.
I copied the EURUSD.dll in the c:4xarb directory
I copied EURUSD_terminal1 on Alpari expert
I copied EURUSD_terminal2 on ThinkForex expert
I copied the Quick Script on Alpari expertinclude and in ThinkForex experinclude

I started the 2 istances of MT4 and attached the EURUSD_terminal1 on MT4 Alpari and EURUSD_terminal2 on ThinkForex MT4.
I have the smile ,but nothing appear on the screen. Reading the code there should be some objet appearing and some text isn'it?

I receive the following error:
2011.12.19 21:25:04 EURUSD terminal_1 EURUSD,M1: cannot call function 'set_terminal_1' from dll 'c:\4xArb\EURUSD.dll' (error 127)


Can you please help me?
Thanks
Fabio
  • #158
  • Dec 20, 2011 4:07pm Dec 20, 2011 4:07pm
Quoting Fabio69
Hi nondiscosure00,
first of all I want to congartulate for this great thread and the spendid job you , and some of other partecipants did.

I have a problem to let run your EA (generic EURUSD terminal 1 &2).
I think i did everything you mention on post#1 i.e.
I copied the EURUSD.dll in the c:4xarb directory
I copied EURUSD_terminal1 on Alpari expert
I copied EURUSD_terminal2 on ThinkForex expert
I copied the Quick Script on Alpari expertinclude and in ThinkForex experinclude

I started the 2 istances of MT4 and attached the EURUSD_terminal1 on MT4...
Hi nondisclosure00,
forget my previous post, because I found the problem. I loaded a wrong EURUSD.dll ;-(

Anyway yesterday I let run the EA's on Alpari UK and ThinkForex.
It happen a strange thing. It open "buy" on Alpari with 1 pip TP , but in ThinkForex it did not enter anything ;-) Is it normal?


Can you please help me. There is something wrong I guess ;-)
Thanks
Fabio
  • #159
  • Dec 20, 2011 6:07pm Dec 20, 2011 6:07pm
What did the ThinkForex log say? There should be an error in there on why the position didn't open.

Quoting Fabio69
Hi nondisclosure00,
forget my previous post, because I found the problem. I loaded a wrong EURUSD.dll ;-(

Anyway yesterday I let run the EA's on Alpari UK and ThinkForex.
It happen a strange thing. It open "buy" on Alpari with 1 pip TP , but in ThinkForex it did not enter anything ;-) Is it normal?


Can you please help me. There is something wrong I guess ;-)
Thanks
Fabio
  • #160
  • Dec 20, 2011 6:21pm Dec 20, 2011 6:21pm
Quoting nondisclosure00
What did the ThinkForex log say? There should be an error in there on why the position didn't open.
Hi nondisclosure,
I tried now between Alpari Na IBFX.
On Alpari it entered a buy with TP=1 pip successfull.
On IBFX I got the following error:
2011.12.21 01:02:38 EURUSD terminal_2 EURUSD,M1: Last Error on Short entry is: 130

Anyway I think it's a great EA ;-) I'm studying the code because I think there are somethind that can be improved.
Great job
Fabio
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