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  • #1,181
  • Sep 19, 2012 12:33pm Sep 19, 2012 12:33pm
Quoting ramy3
Yeah, that said, what is bugging me now, is that they are not offering the basic platforms, ie: Standard live account showing the right spreads on the charts. Please do not tell me it is an IT issue. Axitrader does offer these already (for all account types, demo). So, maybe they should have a chat with them. May help in looking a bit more professional, I think…

It has been bugging me... Haven’t spoken to them about it yet, fearing the: ”It’s an IT problem" response.

Don't get me wrong, still very happy. Well, more than happy with them.
The charts printing off Razor's feed for Standard accounts? Yeah, it's a bit off... Funny how long ago it was the other way around.

From what I understand, this is because all accounts are now handled by one cluster of MT4 servers, instead of two separate systems. Not really an IT issue so much as how they setup the new Edge. (If you remember, the old system got that sorted out once they split off Razor from Standard on the server side.)

On the bright side, at least you know nothing funny is going on with your quotes since you always see the raw feed on your charts at the same time
FXGears.com
  • #1,182
  • Edited 10:31am Sep 20, 2012 8:39am | Edited 10:31am
Figured it was something like that. Someone got the “it’s an IT issue” response about this before. Just don’t like being “fibbed" too... Maybe they are giving a different answer now. It just bugs me when I look at the chart and keep thinking I should be taken out by now, and then have to pause and tell myself : “oh yeah, it’s the razor spreads". Hope they fixe this soon. It’s just annoying. Just like getting all that I pay for, that’s all.

The rest is great.

Anyone know of an Ask line indi that will grab it’s value from the order window feed?
Fuck Forex Factory.Wake up people.
  • #1,183
  • Sep 20, 2012 3:53pm Sep 20, 2012 3:53pm
How much i wish pepperstone had even more tighter spreads to be on par with LMAX and its IB's and also moneybookers withdrawls...rest is gr8....
  • #1,184
  • Sep 20, 2012 5:39pm Sep 20, 2012 5:39pm
Quoting ramy3
Finally, a kind word... thks. Time for a new windows PC?... If you're “gonna” be trading, y’a need to be equipped. ( I have a Mac and win7, an android, and…) But that's just me, I am prepared and suited for almost anything… Seeing that i am serious about this...

Shouldn’t have too, but… Mac is a bit overrated anyways...

Good luck.
Finally got some good news from them. They promised they would contact me to test out their webtrader before it is released. will post some update later.

Not really a windows guy, have switched to mac for 8 years, would never go back to windows. Having been using thinkorswim platform for charting purpose for many years, it's the best piece of technology i have ever seen in the trading business.

I could use mt4 on mac, same function as on windows, but I've never got used to the confusing interface. it's just an old technology that should die long time ago.

Besides, it's not really about the windows platform that I'm complaining about pepperstone, but the MT4. If they could offer something like ctrader as fxpro offers, i would be happy to use it on windows virtual machine.
  • #1,185
  • Edited 5:41pm Sep 23, 2012 7:49am | Edited 5:41pm
So, Is it Monday yet? he, he.

Just had absolutely nothing better to do at this moment then to post this.

Enjoy your Sunday!
Fuck Forex Factory.Wake up people.
  • #1,186
  • Sep 23, 2012 10:39pm Sep 23, 2012 10:39pm
Anyone having trouble with market depth?

I have moved my razor account to razor edge.

everything works fine for me except that I can't view the market depth. Anyone has this Issues with their one click trading EA?
  • #1,187
  • Sep 23, 2012 11:01pm Sep 23, 2012 11:01pm
Hi Guys. Might be a silly question, but why doesn't the order window price match up with the price on the bid chart?
Cheers
FF journal: Peaks and Troffs
  • #1,188
  • Sep 24, 2012 1:59am Sep 24, 2012 1:59am
Quoting romstreets
Anyone having trouble with market depth?

I have moved my razor account to razor edge.

everything works fine for me except that I can't view the market depth. Anyone has this Issues with their one click trading EA?
The 1 click trading part works fine for me.

The market depth part works for me 'most' of the time, and when it doesn't it usually kicks in after leaving it up for a while.

They had an update a little while ago that fixed most of the issues, you can try uninstalling Metatrader and downloading a fresh installer file off Pepper's site to make sure you're using the latest version:

https://pepperstone.com/clients/downloads.php

Hope that helps.
FXGears.com
  • #1,189
  • Sep 24, 2012 2:03am Sep 24, 2012 2:03am
Quoting bogus
Hi Guys. Might be a silly question, but why doesn't the order window price match up with the price on the bid chart?
Cheers
Ramy just mentioned this I think.. is your account Standard?

Standard accounts have charts that still show the raw feed (like Razor) but the market window shows the Standard quotes.
FXGears.com
  • #1,190
  • Sep 24, 2012 2:58am Sep 24, 2012 2:58am
Quoting Jack_Larkin
Ramy just mentioned this I think.. is your account Standard?

Standard accounts have charts that still show the raw feed (like Razor) but the market window shows the Standard quotes.
Thanks Jack. I have just opened a live razor edge account but this is on my demo that I've had for a while. I hadn't noticed it before. I'm not sure what the demo is.
Cheers
FF journal: Peaks and Troffs
  • #1,191
  • Edited 10:59am Sep 24, 2012 7:50am | Edited 10:59am
Quoting bogus
I'm not sure what the demo is.
Cheers
When you sign up for a demo account it gives you choices for either razer or standard. The only way you can tell if you’re on either is by looking at the order box window or at the market watch window. The charts reflect the razor spreads for both Edge account types. Sucks.

Unless your demo is still on the old feed. Then they display as should be on the chart.

You can add this indi to your chart and it will show your spread.

Will try to make ask and Bid lines out of it when and if I have a couple of hours to burn, lol. My coding skills are basic, hence the hours. I use expert advisor builders for my stuff. Will see if i can make anything out of this… Or, if anyone is up to it…
Attached File(s)
File Type: mq4 Spread.mq4   3 KB | 196 downloads
Fuck Forex Factory.Wake up people.
  • #1,192
  • Sep 24, 2012 11:28am Sep 24, 2012 11:28am
Quoting ramy3
When you sign up for a demo account it gives you choices for either razer or standard. The only way you can tell if you’re on either is by looking at the order box window or at the market watch window. The charts reflect the razor spreads for both Edge account types. Sucks.

Unless your demo is still on the old feed. Then they display as should be on the chart.

You can add this indi to your chart and it will show your spread.

Will try to make ask and Bid lines out of it when and if I have a couple of hours to burn, lol. My coding skills are basic,...
Thanks for that, I'll look into it. Cheers.
FF journal: Peaks and Troffs
  • #1,193
  • Edited 2:14pm Sep 25, 2012 11:11am | Edited 2:14pm
If anyone needs this for the standard account spread/Bid and ask lines displaying properly on the charts. I made an indi for it. Took peaces of code from here and there and slapped it all together. Main thing is that it works. The lines display properly now.

Just change your grid color on your chart to your chart’s color and the chart's default bid line will disappear. Still left with the price box, but, hey..

Feel free to clean up the coding, if needed.

Enjoy!
Attached File(s)
File Type: mq4 Ask and Bid Line Price.mq4   3 KB | 262 downloads
Fuck Forex Factory.Wake up people.
  • #1,194
  • Sep 25, 2012 5:54pm Sep 25, 2012 5:54pm
Quoting bogus
Thanks Jack. I have just opened a live razor edge account but this is on my demo that I've had for a while. I hadn't noticed it before. I'm not sure what the demo is.
Cheers
The new Edge Razor Live should be fine then.. Cheers
FXGears.com
  • #1,195
  • Sep 25, 2012 6:00pm Sep 25, 2012 6:00pm
Quoting ramy3
If anyone needs this for the standard account spread/Bid and ask lines displaying properly on the charts. I made an indi for it. Took peaces of code from here and there and slapped it all together. Main thing is that it works. The lines display properly now.

Just change your grid color on your chart to your chart’s color and the chart's default bid line will disappear. Still left with the price box, but, hey..

Feel free to clean up the coding, if needed.

Enjoy!
Cool beans Ramy..

In addition, I like visualizing bid/ask and spread through a line tick chart. The one I use is a modified (mostly for ascetics) version of this:

http://www.forexfactory.com/showthread.php?t=287284

I'm currently looking into offline chart options for MT4 to do candle stick period based tick charting (like a 133 tick candle chart.) Though, that's not related to visualizing the quote spread difference like we're talking about.
FXGears.com
  • #1,196
  • Edited 7:15pm Sep 25, 2012 6:07pm | Edited 7:15pm
Quoting Jack_Larkin
Cool beans Ramy..

In addition, I like visualizing bid/ask and spread through a line tick chart. The one I use is a modified (mostly for ascetics) version of this:

http://www.forexfactory.com/showthread.php?t=287284

I'm currently looking into offline chart options for MT4 to do candle stick period based tick charting (like a 133 tick candle chart.) Though, that's not related to visualizing the quote spread difference like we're talking about.
Heh... , you bored again, lol.

Beans, pffff, what are beans, lol.

cool beans: (A slang term that actually began it's use in the late 60's/early 70's. Popularized by the pop culture of the time. Used to describe something very favorable or pleasing. Great. Very nice.)

Thank you, appreciate it.

It’s nice to see them moving along while i trade… Not into tick charts yet...

Night.
Fuck Forex Factory.Wake up people.
  • #1,197
  • Sep 28, 2012 2:25pm Sep 28, 2012 2:25pm
Anyone else have higher spreads on their new "edge" account than on their standard? Or has anyone even checked this before blindly switching account types?
I ran their brand new edge account type and their standard account side by side for 2 months now to compare. 90% of the time the edge account has a higher spread by 0.2 pips on EU & GU, and over one pip higher on some other pairs. Rollover hour it has over 1.5 pips higher than standard on EU & GU? If all their marketing hype was true about edge it would be a lower spread than their regular old nothing special account. Why is edge higher? Doesn't make sense.

The whole edge "smart" system seems like marketing hype because I think they changed LQ. I am hoping that the spreads will get lower once everyone is brought over to the new account type, but not holding my breath. If they don't come back to at least the same as their old "non smart" accounts I'll be changing brokers sorry to say.

or give me back my old account type... it doesn't have dark pool liquidity access, a fancy name or smart spread routing....BUT it DOES have a lower spread...... between fancy name with bells and whistles and a lower spread.. I pick lower spread
  • #1,198
  • Sep 28, 2012 3:24pm Sep 28, 2012 3:24pm
Quoting Sobepro
Anyone else have higher spreads on their new "edge" account than on their standard? Or has anyone even checked this before blindly switching account types?
I ran their brand new edge account type and their standard account side by side for 2 months now to compare. 90% of the time the edge account has a higher spread by 0.2 pips on EU & GU, and over one pip higher on some other pairs. Rollover hour it has over 1.5 pips higher than standard on EU & GU? If all their marketing hype was true about edge it would be a lower spread than their regular...

Do you mean the "Standard" account (as in, vs Razor) or 'standard' being the old Razor type? Just so I understand you better.

As for Razor (old vs new) I've noticed the spreads on majors to be the same or slightly better with Edge.

A few of the traders who use Standard account types have mentioned the spreads to be a bit better with Edge as well.

What time of day do you trade? (In GMT or EDT if you could.)
FXGears.com
  • #1,199
  • Edited 4:07pm Sep 28, 2012 3:40pm | Edited 4:07pm
Quoting Jack_Larkin
Do you mean the "Standard" account (as in, vs Razor) or 'standard' being the old Razor type? Just so I understand you better.

As for Razor (old vs new) I've noticed the spreads on majors to be the same or slightly better with Edge.

A few of the traders who use Standard account types have mentioned the spreads to be a bit better with Edge as well.

What time of day do you trade? (In GMT or EDT if you could.)

old standard vs edge standard, & old razor vs new edge razor

I use standard, as I look at it at this second while i type this: old account 1.7pips on EU new edge is at 2.0 and this is not a fluke. Any time I check edge is always higher.

I trade all times of the day and night its always the same. edge higher by .2-.3 pips

I will post up my spread recordings showing the old account type vs new edge. Old account is lower than this new edge account type without a doubt. Keep two Mt4 accounts running, one with the old type and one with edge type and you will see for yourself.
Why are we all signing up for edge again?

One last note, old server closes at close of NY session. New EDGE server closes trading 5 mins before the session ends.
On my old account I traded all the way up to the close even though its spread will be higher, on EDGE I get locked out and their charts freeze 5 mins before close. Why? example is today market just closed. it closed at 1.28502 on edge. Than the last 5 mins the market rallied and EU actually closed at 1.28579. Edge accounts don't even show the last 5 mins, will show a gap monday.
  • #1,200
  • Sep 28, 2012 3:55pm Sep 28, 2012 3:55pm
Quoting Sobepro
The whole edge "smart" system seems like marketing hype because I think they changed LQ.
I agree here, there is a lot of marking speak going into the new system. Most brokers do this.. but luckily Pepper aren't presenting a turd (as in, something bad) as gold, they're just dressing up account features.

From this page:
https://pepperstone.com/trading-accounts/edge.php

Smart routing, for instance, is done by nearly every broker who has multiple LP's that make up their feed. And if not done by the broker directly, then often by the broker's liquidity service (kinda like Integral who did feed aggregation for the old accounts.) That's not to put Pepper's "smart" routing down, it's still a good thing, I'm just saying it's kinda expected of a broker at this point.

Dark Liquidity, this one I have mixed feelings about. It's a bit of a buzz word being used. In the equities world (my day job) a dark pool is "dark" (or non-lit) because the book (depth) can't be seen. Each dark pool provider (there are quite a few) has different characteristics in how they handle the trade, and you can pick specific trading venues for your trade depending on how you want to execute an order.

In Pepper's case, they mix the "dark" pools into their feed and depth. Some of the liquidity pools are 'lit' (as in, we see them on the depth of market) and Pepper smart routes all orders to the best venue for us, be it dark or lit liquidity.

How Pepper is presenting dark liquidity isn't a problem.. it's a feature for sure, just a little different than what I'm used to. As for the FX world, it fits within what's normal in terms of "dark pools" and soon we'll probably see a lot of other brokers pushing the same:

http://www.e-forex.net/articles/Feat...+in+Dark+Pools

At some point, the features that DMA brokers will provide is going to push past what MT4 can do with plugins and modifications.. It's kind of an exciting time in the FX world if you think about it: there was this mass consolidation of available platforms to MT4, and now brokers are slowly out growing it feature wise (especially on the DMA front.) This leads me to think they'll be a lot of innovation on the platform front over the next few years, as companies jockey to fill in the shortcomings and brokers see a chance to stand out from everyone else with better tools.
FXGears.com
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