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MB Trading Futures - Introduction

  • #8,661
  • Jan 2, 2012 2:03am Jan 2, 2012 2:03am
Quoting ForexQuant
Wow my mt4 freeze/bugs report is completely swept under the carpet again.
ForexQuant,

What mt4 freeze bugs report?
  • #8,662
  • Jan 2, 2012 2:04am Jan 2, 2012 2:04am
Quoting Jb3
Like I said, show me the numbers. PM me a phone number, and I will call in when I'm available. Please be prepared to answer questions about my account trading because I'm going to do some auditing myself and will like to not waste any time.

I went ahead and logged into the website to print out the order history. Nothing. Can't display any trades (even less than 30 days), and when I downloaded the excel file, it was empty. Is it working? Well, after trying to pull up my trade history on your website unsuccessfully for 15 minutes, I went...

Jb3,

Glad to see that you are addressing the accounting. Please PM me your account number and phone number and I will have someone in charge of the MT4 operation contact you on Tuesday.
  • #8,663
  • Jan 2, 2012 5:07am Jan 2, 2012 5:07am
Quoting jleblang
ForexQuant,

What mt4 freeze bugs report?
This one: http://www.forexfactory.com/showthre...90#post5257190

And there is a short discussion in a few posts after that.
  • #8,664
  • Jan 2, 2012 11:20am Jan 2, 2012 11:20am
Quoting ForexQuant
This one: http://www.forexfactory.com/showthre...90#post5257190

And there is a short discussion in a few posts after that.

ForexQuant,

While I don’t think there is any actual freeze of the platform going on at the time (i.e. you can still buy and sell), if you are saying that the charting fails to continue to draw when the quotes are crossed, I would guess that is a possibility. MT4 was designed as deal desk software where spreads were fixed, thus the bid would never cross with the ask. We don’t have control over the code for charting in MT4, so we couldn’t change how it behaves if that is indeed what it is doing, and your theory sounds like a solid one. Obviously, our own platform (Desktop/Pro) was written with our quote feed in mind, so it wouldn’t suffer from this issue as crossed quotes by banks are possible.
  • #8,665
  • Jan 2, 2012 11:21am Jan 2, 2012 11:21am
Quoting askingkalz
hello is mb trading planning to add more currency pair ? at least complete to each other on major currency basket eur, gbp , chf , usd , cad , jpy , aud ,nzd . I notice no gbp/nzd , nzd/cad , eur/nzd , nzd/chf etc ..
askingkalz,

I tested all the pairs you mentioned and we already offer them all. If you're having difficultly, please contact support and they will go through finding the pairs with you.
  • #8,666
  • Jan 2, 2012 2:05pm Jan 2, 2012 2:05pm
Quoting jleblang
ForexQuant,

While I don’t think there is any actual freeze of the platform going on at the time (i.e. you can still buy and sell), if you are saying that the charting fails to continue to draw when the quotes are crossed, I would guess that is a possibility. MT4 was designed as deal desk software where spreads were fixed, thus the bid would never cross with the ask. We don’t have control over the code for charting in MT4, so we couldn’t change how it behaves if that is indeed what it is doing, and your theory sounds like a solid one. Obviously,...
Yes the desktop pro was still ticking and i understand that you have no control over mt4. However, i am keen to know whether the non marketable stop orders that store on mt4 server will be triggered as usual even if the mt4's quote is freezed, or it will be triggered only when the mt4's quote is resumed?

Is it possible to implement some kind of fail safe mechanism on the mt4's bridge to prevent the quote freeze? For example, the ask price is artificially set to bid price when the actual spread is negative at that moment? Or could you report this issue to metaquote so that they can come out with a bugs fix for their platform?

I trade with my own EA and i pay attention to every issue that could possibly fail the EA. I had reported 2 issues after i joined mbt and i am glad that they were fixed. So far i didnt encounter any more problems other than this in last few months. If you could fix this problem then i believe i will be your happy customer forever.

Thank you.
  • #8,667
  • Jan 2, 2012 2:10pm Jan 2, 2012 2:10pm
  •  ilove
  • | Joined Dec 2011 | Status: because he first loved us. | 52 Posts
I think my questions now are completely swept under the carpet
If you can't tell, just wait. The market will.
  • #8,668
  • Jan 2, 2012 7:38pm Jan 2, 2012 7:38pm
Quoting jleblang
askingkalz,

I tested all the pairs you mentioned and we already offer them all. If you're having difficultly, please contact support and they will go through finding the pairs with you.


hello , i just tested a demo account are you referring to live account ?
because on demo account i cant find the pair please see below

no

gbp/nzd
nzd/cad
nzd/chf

and i have click show them all on market watch instrument

thanks please reply

http://i42.tinypic.com/73h2r7.jpg
  • #8,669
  • Edited 8:31pm Jan 2, 2012 7:53pm | Edited 8:31pm
  •  ilove
  • | Joined Dec 2011 | Status: because he first loved us. | 52 Posts
Hi askingkalz,

I tried to those 3 pairs you mentioned in MT4 with both Pay-for-Limit and Free EXN live accouts but no luck.

However, in Desktop Pro, I found all of them. Please see attached screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.png Size: 108 KB
If you can't tell, just wait. The market will.
  • #8,670
  • Jan 2, 2012 7:58pm Jan 2, 2012 7:58pm
Quoting ilove
Hi askingkalz,

I tried to those 3 pairs you mentioned in MT4 with both Pay-for-Limit and Free EXN live accouts but no luck.

However, in Desktop Pro, I found all of them. Please see attached screenshot.

thanks for your information , will log on and try to learn desktop pro then

thanks a lot
  • #8,671
  • Jan 3, 2012 1:05am Jan 3, 2012 1:05am
Justin,

Any idea why the Free EXN has across the board better spreads on the JPY crosses than your standard Pay for Limits feed? Over a pip differential at times.. (before commissions are taken into account as well)
  • #8,672
  • Jan 3, 2012 8:33am Jan 3, 2012 8:33am
Quoting ForexQuant
Yes the desktop pro was still ticking and i understand that you have no control over mt4. However, i am keen to know whether the non marketable stop orders that store on mt4 server will be triggered as usual even if the mt4's quote is freezed, or it will be triggered only when the mt4's quote is resumed?

Is it possible to implement some kind of fail safe mechanism on the mt4's bridge to prevent the quote freeze? For example, the ask price is artificially set to bid price when the actual spread is negative at that moment? Or could you report this...

ForexQuant-

MT4 can only trigger stops based on prices that the platform accepts. I have no control beyond that.
  • #8,673
  • Jan 3, 2012 8:40am Jan 3, 2012 8:40am
Quoting ilove
I think my questions now are completely swept under the carpet
What were your questions?
  • #8,674
  • Jan 3, 2012 9:04am Jan 3, 2012 9:04am
Quoting jleblang
ForexQuant-

MT4 can only trigger stops based on prices that the platform accepts. I have no control beyond that.
So in order words, the stop orders will not be triggered if the quote freeze.
  • #8,675
  • Jan 3, 2012 9:11am Jan 3, 2012 9:11am
I concur, I'm now looking at FXCM so I can trade GBPNZD. MBT offers no answer to my "will you add GBPNZD to the list", They offer EURNZD, So how about GN???

Quoting askingkalz
hello is mb trading planning to add more currency pair ? at least complete to each other on major currency basket eur, gbp , chf , usd , cad , jpy , aud ,nzd . I notice no gbp/nzd , nzd/cad , eur/nzd , nzd/chf etc ..
  • #8,676
  • Jan 3, 2012 9:43am Jan 3, 2012 9:43am
Does anyone else have experience with other automated trading platforms for MBT? Which one have no compatibility and performance problem? I guess it is time for me to move on.
  • #8,677
  • Jan 3, 2012 11:53am Jan 3, 2012 11:53am
  •  ilove
  • | Joined Dec 2011 | Status: because he first loved us. | 52 Posts
Quoting jleblang
What were your questions?

1, autosync
http://www.forexfactory.com/showthre...27#post5258427

2, internal transfer
http://www.forexfactory.com/showthre...42#post5259142

Many thanks.
If you can't tell, just wait. The market will.
  • #8,678
  • Jan 4, 2012 8:59am Jan 4, 2012 8:59am
Hi,

Regarding

Quote
New Forex Pricing Coming Soon

MB Trading has some exciting news coming in 2012 regarding new Forex pricing. Stay tuned to see how our new lower commissions can save you even more money.

Is this in early, mid or late 2012?
"Everyone gets what they want out of the market." -- Ed Seykota
  • #8,679
  • Jan 4, 2012 9:12am Jan 4, 2012 9:12am
Quoting V4X
Hi,

Regarding



Is this in early, mid or late 2012?
My bet is Dec 2012.
  • #8,680
  • Jan 4, 2012 9:30am Jan 4, 2012 9:30am
Quoting ilove
1, autosync
http://www.forexfactory.com/showthre...27#post5258427

2, internal transfer
http://www.forexfactory.com/showthre...42#post5259142

Many thanks.
Ilove,

This has been covered on these threads quite a bit and also on our website. MT4 is not FIFO based, and there are certain things that you can do as a trader that results in MT4 and your actual account having different balances because of FIFO. We do a check daily of all accounts and if you are flat at rollover, the adjustment is made to the MT4 side to make it match your actual account. However, it can’t be done while you have positions open as that is the nature of the problem.

Regarding the internal transfers; as we discussed offline we will be making changes to our policy in the near future and will process internal request same day.
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