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MB Trading Futures - Introduction

  • #10,261
  • Jul 10, 2013 7:17am Jul 10, 2013 7:17am
MT4 down again
"Everyone gets what they want out of the market." -- Ed Seykota
  • #10,262
  • Jul 10, 2013 8:21am Jul 10, 2013 8:21am
Is there any real customer service at MBT? My 1 min charts only go back about 1 to 2 months. All I want is to be able to download some more historical data to create my offline charts! I get pushed from one person to the next, put on hold countless times only to be told "they're not sure" "the guy who knows about that isn't in the office" "call back tomorrow"
Four days now and I can't get an answer! Absolutely ponderous!!!
  • #10,263
  • Jul 10, 2013 9:13am Jul 10, 2013 9:13am
Quoting V4X
MT4 down again
No issues here.
  • #10,264
  • Jul 10, 2013 9:29am Jul 10, 2013 9:29am
Quoting fortunateson
Hi, can MB Trading consider adding a feature to change the opening and closing time a bar is calculated. Or just change it all together. My problem is the Sunday bar (from 5 PM Eastern to 12 AM) which then displays 6 trading days in a week vs. the usual 5. I notice this discrepancy on the MB Trading Meta trader terminal vs. other MT4 data feeds and even the MBT Desktop Pro data feed where the daily bar starts at 5 PM eastern USA time thus displaying 5 daily bars in a trading week. Or at the least can I get an explanation why there is this data discrepancy...
This has been discussed previously on this thread by Justin. Has to do with execution times matching between their main system and the MT4 server. Unfortunately, MT4 doesn't have (but should have) the basic ability for a customer to change EOD on their charts. That's pretty standard for most charting platforms, but another area where MT4 lags.
  • #10,265
  • Jul 10, 2013 9:35am Jul 10, 2013 9:35am
Quoting IndyTrader
{quote} No issues here.

It was dead for 5 mins
"Everyone gets what they want out of the market." -- Ed Seykota
  • #10,266
  • Jul 10, 2013 9:44am Jul 10, 2013 9:44am
Quoting smnitro1
Is there any real customer service at MBT? My 1 min charts only go back about 1 to 2 months. All I want is to be able to download some more historical data to create my offline charts! I get pushed from one person to the next, put on hold countless times only to be told "they're not sure" "the guy who knows about that isn't in the office" "call back tomorrow" Four days now and I can't get an answer! Absolutely ponderous!!!
http://www.onestepremoved.com/custom...-metatrader-4/
  • #10,267
  • Jul 10, 2013 10:11am Jul 10, 2013 10:11am
MBT growing SPREADs and diminishing LIQUIDITY

Quoting jleblang
{quote} Frito, Our spreads have not increased a bit. Can you please give me an example of what you are seeing?
There is a little spread histogram analysis on the following chart. It clearly shows great decline in liquidity and spread widening.
The data are from January 2011 vs January 2013. Similar situation can be observed for other majors and crosses.
Attached Image (click to enlarge)
Click to Enlarge Name: mbt spread 2011 2013.png Size: 21 KB
  • #10,268
  • Jul 10, 2013 10:45am Jul 10, 2013 10:45am
Quoting fxstevyboy
{quote} This has been discussed previously on this thread by Justin. Has to do with execution times matching between their main system and the MT4 server. Unfortunately, MT4 doesn't have (but should have) the basic ability for a customer to change EOD on their charts. That's pretty standard for most charting platforms, but another area where MT4 lags.
Thanks for the response. Its just odd that I have 2 other demo MT4 platforms (Alpari and FxPro) that I am looking at that do have 5 PM eastern USA as their EOD.

Joe
  • #10,269
  • Jul 10, 2013 1:27pm Jul 10, 2013 1:27pm
Quoting fortunateson
{quote} Thanks for the response. Its just odd that I have 2 other demo MT4 platforms (Alpari and FxPro) that I am looking at that do have 5 PM eastern USA as their EOD. Joe
Both deal desks. Their execution systems are not outside of MT4, so they can set their server to any time they want more easily.
  • #10,270
  • Edited Jul 11, 2013 5:52am Jul 10, 2013 4:56pm | Edited Jul 11, 2013 5:52am
Ever since MBT forced the upgrade to MT4 build 500 + your platform has been in trouble: What you say! I am a renko chart trader. Now your platform won't allow any offline charts to be formed. So you can't back test Renko or any other offline charts. Your support ,Chris Merc^^^ , was checking into it. Has any thing been done ????thanks

I should add that my other platforms work, Global Prime, Finfx , FXCM & alpari

Ray

PS: since I'm on the soapbox, When will we drop the EXN & use regular demo or will I have to convert all my indies & EAs to "." suffix??? and if so can you provide an auto fix????
  • #10,271
  • Jul 11, 2013 8:59am Jul 11, 2013 8:59am
Quoting Traderduke
Ever since MBT forced the upgrade to MT4 build 500 + your platform has been in trouble: What you say! I am a renko chart trader. Now your platform won't allow any offline charts to be formed. So you can't back test Renko or any other offline charts. Your support ,Chris Merc^^^ , was checking into it. Has any thing been done ????thanks I should add that my other platforms work, Global Prime, Finfx , FXCM & alpari Ray PS: since I'm on the soapbox, When will we drop the EXN & use regular demo or will I have to convert all my indies & EAs to "." suffix???...
They have two quotes feeds. If you are using FREE EXN quotes, you have the "." If you use PFL, you don't. There has to be a way to distinguish between the two.
  • #10,272
  • Jul 30, 2013 9:42am Jul 30, 2013 9:42am
Quoting Traderduke
Ever since MBT forced the upgrade to MT4 build 500 + your platform has been in trouble: What you say! I am a renko chart trader. Now your platform won't allow any offline charts to be formed. So you can't back test Renko or any other offline charts. Your support ,Chris Merc^^^ , was checking into it. Has any thing been done ????thanks I should add that my other platforms work, Global Prime, Finfx , FXCM & alpari Ray PS: since I'm on the soapbox, When will we drop the EXN & use regular demo or will I have to convert all my indies & EAs to "." suffix???...
And also they didn't force the upgrade. MetaQuotes is forcing it.
  • #10,273
  • Aug 14, 2013 10:00am Aug 14, 2013 10:00am
Wow, quiet in here.
  • #10,274
  • Aug 14, 2013 10:35pm Aug 14, 2013 10:35pm
Quoting frito
MBT growing SPREADs and diminishing LIQUIDITY {quote} There is a little spread histogram analysis on the following chart. It clearly shows great decline in liquidity and spread widening. The data are from January 2011 vs January 2013. Similar situation can be observed for other majors and crosses.{image}
Excellent work.... one reason I have little to say here anymore....
  • #10,275
  • Aug 15, 2013 1:39am Aug 15, 2013 1:39am
Quoting IndyTrader
Wow, quiet in here.


If you think about it, whenever a system is working properly, you hardly ever hear about it. It is only when the system is not working, then you get all the complaints. Well-oiled machines you hardly notice they are there, just quietly moving its parts along and getting things done.

Quoting Crassius
{quote} Excellent work.... one reason I have little to say here anymore....
2/10ths of a pip isn't that bad. As long as I'm getting a fair deal, I've learned not to worry too much about a few 10ths of a pip. I suppose with the reduced competition in the USA, it's unlikely that there will be much reason for retail brokers to do any significant reductions in spreads.

on the other side of the pond though (AU/EU/UK), not uncommon to see raw spreads for the major USD crosses <0.6 pips for the majority of the trading day.
Measure trends automatically with zero lag
  • #10,276
  • Aug 17, 2013 2:32am Aug 17, 2013 2:32am
Took a big hit on stop loss on Thursday during the spike at the end of the session, slippage was ~60 pips total ( EUR/USD and AUD /USD )(+ 20-30 pip stop loss) , so that was really painful.

On a positive note, I had take profit slippage during BOJ intervention long time ago, which made me more money.
"Everyone gets what they want out of the market." -- Ed Seykota
  • #10,277
  • Aug 17, 2013 2:29pm Aug 17, 2013 2:29pm
Quoting frito
MBT growing SPREADs and diminishing LIQUIDITY {quote} There is a little spread histogram analysis on the following chart. It clearly shows great decline in liquidity and spread widening. The data are from January 2011 vs January 2013. Similar situation can be observed for other majors and crosses.{image}
Not to mention that in the last minutes on Friday closing (16:59), the spread is insanely high.
for example, in Aug 16 the last few tickprices were:
time, bid, ask, spread
16:58:59.0 1.33405 1.3342 1.5
16:59:00.0 1.33297 1.33539 24.2
16:59:00.0 1.33297 1.33539 24.2

if you look for previous weeks, they have the same pattern, at the last minutes the spread mostly widen to 20-30 pips.
  • #10,278
  • Aug 17, 2013 7:45pm Aug 17, 2013 7:45pm
Perhaps if we better understood the structure of the FX market we might understand why an ECN does not, and effectively cannot control liquidity, hence cannot control spread. If no one is willing to sell below the Ask and no one is willing to buy above the Bid, the spread will not change. Here is an interesting academic paper that explains the situation when spreads widen.
Attached File(s)
File Type: pdf FXMicrostructure-Survey_07-15-08.pdf   662 KB | 512 downloads
  • #10,279
  • Aug 26, 2013 5:46pm Aug 26, 2013 5:46pm
It seems to me that the MB Trading MT4 reliability has turned to crap! The latest problem: The connection went down at 17:46 ET(broker) time, and here it is 18:40and it's still down!

This BS is happening all too often IMO. I would have exited a trade in the black, but which is now solidly in the red (which I can only tell by looking at another broker feed what the market is doing).

MBT is going downhill fast.
  • #10,280
  • Aug 26, 2013 8:53pm Aug 26, 2013 8:53pm
Quoting pips4life
It seems to me that the MB Trading MT4 reliability has turned to crap! The latest problem: The connection went down at 17:46 ET(broker) time, and here it is 18:40and it's still down! This BS is happening all too often IMO. I would have exited a trade in the black, but which is now solidly in the red (which I can only tell by looking at another broker feed what the market is doing). MBT is going downhill fast.
Wow. 21:52ET and still not up. That's over 4 hours down!!!!!!!!!!!!
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