Discussion of article "Using limit orders instead of Take Profit without changing the EA's original code" - page 3

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Maxim Dmitrievsky:

arbitrage exists even in the "largest" ones, for the time being. liquidity providers and filters are different anyway, and where there is a difference, there is arbitrage.

Large is not an indicator. You are unlucky, in short.

 
fxsaber:

Large is not an indicator. You're out of luck.

I guess.)

 
Dmitriy Gizlyk:

1. If the limit order is not fully triggered, the remainder is left hanging waiting for the price.

2. As for the price turned around and left, it is possible even before reaching take profit. And the fact that the market order would have closed at a worse price is just a question of a philosophical approach to the strategy used: whether negative slippages are acceptable for you when executing take profit or not.

No, the key issue here is the guarantee of TP/SL triggering. Even with slippage. Otherwise, statistics cannot be used. And statistics is the basis of trading. Otherwise, it's a game of dodge ball. Such a logical chain. This is all about the stock exchange.

All IMHO.

 
Dmitriy Skub:

No, the key issue here is the guaranteed triggering of TP/SL. Even with slippage. Otherwise, statistics cannot be used. And statistics is the basis of trading. Otherwise, it is a game of dodge ball.

This solution is practiced

Forum on trading, automated trading systems and testing trading strategies.

Libraries: Virtual

Automated-Trading, 2018.10.03 22:54

  1. Simplification of trading logic on a live account. The market creates situations that are not in the Tester. These are both redirects and partial execution. This creates a lot of difficulties to make trading on the real account close to the ideal picture, which was when the TS was created in the Tester. As a rule, the authors of TS spend a lot of effort to deal with market nuances, which are extremely difficult to foresee. In fact, they learn from their mistakes for real money. Since demo accounts are not able to emulate many things of the real world. The virtual environment allows you to see at any moment an idealistic picture of performance. Accordingly, to circumvent the pitfalls of the real market, you need only real-time access to this ideal picture and a high-quality synchroniser (copy-service) from the virtual environment to the real one. That is why virtual trading environments are of great help in solving complex situations in the real market.

Orlyanka has nothing to do with it. You either execute with the market, getting a reduction in MO (which is sometimes critically bad), compared to the Tester. Or you use limiters, trying as much as possible not to break the Real VS Tester pattern.

 
Maxim Dmitrievsky:

Limit orders are executed as market orders on ECN-type accounts in the brokerage house

as limit orders
 
TheXpert:
as limit trades

I really don't know where you find such dts :) I must be out of touch with life.

 
Maxim Dmitrievsky:

Have you ever traded in dts at all?

No, just passing by :-)

I'm used to a few old companies. Maybe they've invented something new. But I do care about execution for limit trades.

Here, for example, from the Execution Policy of a well-known broker:

limit order


You see the word "pre-chosen"? That's the point...

In brokerage centres, limiters are executed as market orders on ECN-type accounts, DDE is not considered as an obsolete purely kitchen mechanism (although type 1 accounts are not far behind). There are those who offer additional conditions for setting execution conditions, but usually it is some nonsense and there are few of them....

I run away from such.

 
Denis Kirichenko:

No, just passing by :-)

I'm used to a few of the old offices. Maybe they've invented something new. But I do care about execution for limiters.

Here, for example, from the Execution Policy of a well-known broker:


I'm running away from this.

they all write the same thing, but in fact there may be variants... and these variants may turn into other variants at their discretion.

Okay, since 3 people have already written, it means there are normal limits. Maybe you just aren't toxic enough for them :)

 
Maxim Dmitrievsky:

...Maybe you're just not toxic enough for them :)

Maybe. But I do the occasional log check. No complaints specifically about limiters at all. Here's another one from another well-known broker:

  • A Sell order of Limit (Take Profit) type is placed in the queue for execution if the Bid price, broadcast in the Quote Flow, becomes equal to or higher than the price specified in the order.
  • A Limit (Take Profit) type Buy Order is placed in the queue for execution if the Ask Price, broadcast in the Quote Flow, becomes equal to or less than the price specified in the Order.

Imho, if there is a violation of the Execution Policy, you can complain to the broker. A solid firm always considers complaints and, as a rule, responds to them with understanding.

 
Denis Kirichenko:

Maybe. But sometimes I check the logs. There were no complaints about limiters at all. Here's another one from another well-known broker:

Imho, if there is a violation of the Execution Policy, you can complain to the broker. A solid company always considers complaints and, as a rule, responds to them with understanding.

It is useless in 90% of cases, the amount is not important either. There was a request for 400k of lost profit at the regulated one, and in response they replied with replies about incorrect work of servers.

Well, it's all lyrics :)

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