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  • #9,521
  • Edited 2:56pm Oct 3, 2016 2:44pm | Edited 2:56pm
"The charts on some of our MT4 servers are set up to display the raw FX spreads available to Standard accounts, while the charts on other MT4 servers are set up to display the all-inclusive spreads available to Mini accounts."

Which MT4 demo server display the raw FX spread available to Standard accounts? (For USD and EUR)
Best wishes
  • #9,522
  • Oct 3, 2016 3:13pm Oct 3, 2016 3:13pm
Quoting Elovv
Which MT4 demo server display the raw FX spread available to Standard accounts? (For USD and EUR) Best wishes
Hi Elovv,

To view our No Dealing Desk (NDD) forex spreads on your MT4 demo, please set up your account on server FXCM-EURDemo01 which is denominated in Euros. Our two USD-denominated MT4 demo servers display all-inclusive spreads on their charts.
  • #9,523
  • Oct 3, 2016 3:18pm Oct 3, 2016 3:18pm
Quoting Jason Rogers
{quote} Hi Elovv, To view our No Dealing Desk (NDD) forex spreads on your MT4 demo, please set up your account on server FXCM-EURDemo01 which is denominated in Euros. Our two USD-denominated MT4 demo servers display all-inclusive spreads on their charts.
Hi and thanks

What I can see USD demo 02 has same price on marketwatch/display (but demo 01 has different price on chart) so I guess USD demo 02 view No Dealing desk spreads?
  • #9,524
  • Edited 4:25pm Oct 3, 2016 3:36pm | Edited 4:25pm
Quoting Elovv
{quote} Hi and thanks What I can see USD demo 02 has same price on marketwatch/display (but demo 01 has different price on chart) so I guess USD demo 02 view No Dealing desk spreads?
The Bid and Ask prices in your Market Watch window will always reflect the spreads available for your account type (Mini or NDD) regardless of the MT4 server to which you are connected. However, the spreads you see on the charts will depend on the particular MT4 server. To see our NDD spreads on your MT4 charts, please connect to server FXCM-EURDemo01.
  • #9,525
  • Oct 4, 2016 1:57am Oct 4, 2016 1:57am
Hi,
I was wondering if anyone could tell me where to start if I would like to code some indicators myself for MarketScope, i do have average coding knowledge, however never coded in LUA.
Many thanks!
  • #9,526
  • Oct 4, 2016 9:07am Oct 4, 2016 9:07am
Quoting ArekJP
Hi, I was wondering if anyone could tell me where to start if I would like to code some indicators myself for MarketScope, i do have average coding knowledge, however never coded in LUA. Many thanks!
Hi Arek,

FxCodeBase has documentation on how to code indicators and automated strategies in Lua for the Trading Station Desktop platform and Marketscope charts: http://fxcodebase.com/wiki/index.php...s_Indicore_SDK

If you decide you would like us to code your indicators for you, then you can reach out to our specialists in Programming Services.
  • #9,527
  • Oct 4, 2016 1:32pm Oct 4, 2016 1:32pm
Quoting givemeachc
The USDemo01 is standard/NDD? And the EURDemo01 is mini/with dealing desk? Could you please clarify? TQ
To clarify, the MT4 charts on server FXCM-EURDemo01 display the NDD spreads available to Standard and Active Trader accounts, while the MT4 charts on server FXCM-USDDemo01 display the all-inclusive spreads available to Mini accounts.

You may also want to review my earlier post where I go into more detail about how the spreads are displayed for different accounts types on different platforms: http://www.forexfactory.com/showthre...76#post9166476
  • #9,528
  • Oct 4, 2016 1:56pm Oct 4, 2016 1:56pm
Online First Edition
https://www.lua.org/pil/contents.html
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TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #9,529
  • Oct 4, 2016 2:31pm Oct 4, 2016 2:31pm
Quoting Phylo
Online First Edition https://www.lua.org/pil/contents.html{image}
Thanks Phylo!
  • #9,530
  • Oct 5, 2016 4:39am Oct 5, 2016 4:39am
Thank you very much Jason & Phylo!
  • #9,531
  • Oct 6, 2016 10:48am Oct 6, 2016 10:48am
Quoting Jason Rogers
{quote} Hi Elovv, To view our No Dealing Desk (NDD) forex spreads on your MT4 demo, please set up your account on server FXCM-EURDemo01 which is denominated in Euros. Our two USD-denominated MT4 demo servers display all-inclusive spreads on their charts.
Your Eur demo01 view commission based spread on chart (same spread as my usdrel09) but not on marketwatch. I have tested all of Your demo servers and there is just one with NDD commission based spread on both marketwatch/chart and its Your AUD demo server.

I think it would be good if You could have one server USD and one server EUR with same commission based spread on both chart/marketwatch.
EURdemo01 is correct on chart but not on marketwatch.
  • #9,532
  • Oct 6, 2016 12:26pm Oct 6, 2016 12:26pm
Quoting Elovv
{quote} Your Eur demo01 view commission based spread on chart (same spread as my usdrel09) but not on marketwatch. I have tested all of Your demo servers and there is just one with NDD commission based spread on both marketwatch/chart and its Your AUD demo server. I think it would be good if You could have one server USD and one server EUR with same commission based spread on both chart/marketwatch. EURdemo01 is correct on chart but not on marketwatch.
Hi Elovv,

As I mentioned to you previously, the Bid and Ask prices in your Market Watch window will always reflect the spreads available for your account type (Mini or NDD) regardless of the MT4 server to which you are connected. However, the spreads you see on the charts will depend on the particular MT4 server. That means MT4 server FXCM-EURDemo01 always displays NDD spreads on the charts regardless of your demo account type.

To further clarify, you must set up your MT4 demo on this server as a Standard account in order to see NDD spreads in the Market Watch window. If you set up your demo as a Mini account, then you will see all-inclusive spreads in your Market Watch window, which won't match the NDD spreads on the charts. Please use this link to set up a new MT4 demo account. Be sure to select Standard as your demo type and EUR as your currency.

Based on your feedback, it seems that when you Open an Account from the MT4 platform directly, the demo type defaults to Mini on some MT4 servers (like FXCM-EURDemo01) while it defaults to Standard on other MT4 servers (like FXCM-AUDDemo01). I can see how this would cause confusion. I have shared your feedback with our tech support team to see if they can make the default demo type match the chart pricing on each server.
  • #9,533
  • Oct 6, 2016 12:42pm Oct 6, 2016 12:42pm
Thanks Jason!
I understand! I will have a demo thats is exactly as my real account and I have it now. It does not matter if the base currency is Eur or Aud. But I still think it would be good if it would be possible to have a USD demo, NDD, commission based.
  • #9,534
  • Oct 6, 2016 4:09pm Oct 6, 2016 4:09pm
If they traded in Australia with this name, they would have zero customers, Vankar by name..........

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It takes a lot for me to IGNORE you, but you can try.
  • #9,535
  • Oct 6, 2016 6:01pm Oct 6, 2016 6:01pm
Quoting Jason Rogers
{quote} The Bid and Ask prices in your Market Watch window will always reflect the spreads available for your account type (Mini or NDD) regardless of the MT4 server to which you are connected. However, the spreads you see on the charts will depend on the particular MT4 server. To see our NDD spreads on your MT4 charts, please connect to server FXCM-EURDemo01.
how do you connect to that server?
  • #9,536
  • Oct 6, 2016 7:58pm Oct 6, 2016 7:58pm
I am a fairly recent FXCM customer, so far I am generally satisfied with the services, I have discovered some good things , like the simulation package of the Trading station platform, which is great, while other things leave room to be desired, but that is not really the purpose of writing this post, I want to more specifically talk about the idea of 'Positive Slippage', as I think that it is a myth that needs to be debunked.

I had entered a GBPCAD trade at noon earlier today @ 1.6693, luckily on the right side, with a stop set @ 1.6740 and a target @ 1.6603, then, later on in the evening, the pair violently crashes by a staggering 750 Pips in less than 2 minutes, blasting through my target and filling my order @ 1.6602, how much positive slippage did i benefit from this massive move ? 1 measly pip, that was it.

Now let's look at the other side of this scenario , say the GBP had rallied with the same violent speed, consequently knocking my stop out, how much negative slippage would I have been debited for in the event of such a horrid scenario playing out? Very probably, a shit-outta-luck amount of negative slippage.

The standard explanation is of course that a stop-order turns into a market order, while a limit order guarantees that you will be filled at the specified price, 'or better'. But while one may be guaranteed to be filled at a specified price, expecting anything 'better' in very rare events like these where the trader happens to be correctly aligned with the market , like I naively had expected, is nothing but a pipe dream, whereas you can be almost certain that the reverse event, where the trader would have been on the wrong side, would most certainly have catastrophic consequences on the account.

Just sayin', positive slippage is a myth.
  • #9,537
  • Oct 6, 2016 8:03pm Oct 6, 2016 8:03pm
Quoting MoneyD
I am a fairly recent FXCM customer, so far I am generally satisfied with the services, I have discovered some good things , like the simulation package of the Trading station platform, which is great, while other things leave room to be desired, but that is not really the purpose of writing this post, I want to more specifically talk about the idea of 'Positive Slippage', as I think that it is a myth that needs to be debunked. I had entered a GBPCAD trade at noon earlier today @ 1.6693, luckily on the right side, with a stop set @ 1.6740 and a target...
Sure is, but Jason will be here any minute copying and pasting his positive slippage stats. Speaking of shitty US brokers, my "unregulated", offshore ECN broker did not freeze price once during the GBP moves earleir this evening, while "regulated", safe market maker Oanda froze GBP pairs causing massive loses for many traders. All under the watchful eye of the CFTC. They have no fucking clue what they are regulating or how to regulate it, but yet they tell me how and where I can trade. I sure hope Trump abolishes all this ridiculous regulation.
  • #9,538
  • Oct 6, 2016 8:07pm Oct 6, 2016 8:07pm
80% of trades experienced positive slippage, while only 30% experienced negative slippage. What they leave ot is the 80% experienced average of 1 pip of positive, while the 30% experienced average of 150 pips of negative.
  • #9,539
  • Oct 6, 2016 9:08pm Oct 6, 2016 9:08pm
Quoting MoneyD
I am a fairly recent FXCM customer, so far I am generally satisfied with the services, I have discovered some good things , like the simulation package of the Trading station platform, which is great, while other things leave room to be desired, but that is not really the purpose of writing this post, I want to more specifically talk about the idea of 'Positive Slippage', as I think that it is a myth that needs to be debunked. I had entered a GBPCAD trade at noon earlier today @ 1.6693, luckily on the right side, with a stop set @ 1.6740 and a target...
how do you use the simulation package in your advantage?
  • #9,540
  • Oct 6, 2016 11:46pm Oct 6, 2016 11:46pm
Quoting keen246
{quote} Easy. Check FXCM's published "typical" spreads on their webpage. Then, open TS2 and observe the spreads go up and down. Observe for a while and you'll notice that the published spread is the exception and the actual average is 3-4 times as much. What is worst, is that when you enter a trade, the entry price can be sometimes 6 or more pips (I've seen up to 12 pips on no news times). And no, that is not slippage! People find that hard to believe until they open a real account and start to see their tricks in play. When you request an explanation...
what broker did you end up chosing that is better than FXCM. youve must of had bad experience with them..
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