🥇 MQL Market provides good opportunities for making a profit in the foreign exchange market and beyond 🥇
All systems use orders, pending or simply open a deal at the current price in the foreign exchange market 💸
But few people understand how it works and how best to protect themselves from instability in the market 💵
All traders use a broker to trade. A broker is a layer between the real market with quotes and you.
The broker has its own providers of quotes, as a rule, there are many of them, they are all different, the main one is usually Dukascopy.
Before making a trade, the client first of all addresses the server of his broker with a request to trade through the MT4 terminal.
😻 AMAZE EA uses pending orders that are already on the broker's server, which reduces server latency 😻
The further the VPS server is located from your broker's server, the more PING will be to your broker's server.
PING is a time delay, pause, freeze while sending a request to the broker.
Large PING (more than 15ms) is usually a delay during the opening and closing of positions.
To find out your ping, click on the menu at the bottom right in the MT4 terminal
Delays lead to slippage from the broker, it is impossible to see with simple eyes, just watching the trades.
AMAZE EA displays such slippage on the screen so that we understand what is happening in the market.
For example, we want to buy apples at $ 100 per ton, but while we were sending a purchase request, apples went up in price to $ 120, there was a delay, there was a big PING.
While we were buying apples with a delay, the price increased by $ 20 and we made a deal and actually already lost $ 20 per ton, because the deal has already been completed.
Such slippages change the strategy of conventional trading systems, they increase StopLoss and decrease profits, since deals do not work according to strategy.
🎉 AMAZE Adapts to any Slippages and Changes the Strategy in REAL TIME , Right during trading 🎉
All Slips are Fixed and the Anti-slip Protection is Activated. This protection can be disabled if Desired!
🥇 We can also add ANY slippage while testing systems, I wrote about this HERE 🥇
I always recommend using PING less than 5ms for any trading system in order to minimize such slippage as much as possible.
For example, even when apples will rise in price by 150. During the closing of the trade, we may also get a slip. For example, We can sell not for 150, but for 120, in this case the profit will be 0, because we wanted to buy for 100, and bought for 120, then we wanted to sell for 150, but we closed the deal at 120 ! 😲
Thus, we will not make a profit, and if there is a commission for the transaction, then we will also receive a loss in the form of a commission 👍 😲
😈 These slippages will Eat up all our Work ! 😈
🔥 For my VPS I use CHOCO 2GB, ping is always less than 2ms 🔥
Slippage affects any trading system and it depends on the ping and the broker.
Some brokers may freeze while performing transactions in the foreign exchange market.
Such freezes can even be noticed during a strong price movement in the market.
Why is this happening ? Why did someone have freezes and slippages, and someone avoided it?
From my own experience, I have observed such slippage several times for ICMarkets RAW.
All brokers require a commission for making trades.
And it is logical that the higher the commission, the better for the broker.
But when will the commission be big for a broker?
When a client will use large volumes in the market.
Such a client has a very large deposit and, as a rule, it is a VIP account.
The broker uses the best quotes primarily for these VIP clients.
If we, mere mortals, use an ordinary account, in this case, with a large price movement, we can get a slippage MORE than a VIP client.
Therefore, the larger the broker, the more VIP clients.
💙 I recommend using the Tickmill PRO broker for AMAZE. I have personally used it for my accounts for over 5 years now! 💙
Spread for EURUSD, GBPUSD, USDJPY 0 pips! Commission about $ 4, withdrawal of money to any VISA / MasterCard bank account!
Slippage Always less than that of ICMarkets, this is a fact.
As I said and recommended earlier, we need a Good broker with low or even zero spreads and a VPS with PING less than 5ms
In this case, we will always receive the best profit in the foreign exchange market!
🥇 To install the system and configure the MT4 terminal, just open this video 🥇
