Feature Request for Futures Trading - page 3

 
Enrique Dangeroux #:

Exactly. Use this link https://www.mql5.com/ru/code/22577 from the Russian section, there is the latest version, not in the english section.

Check the examples, it works very simple and flexible, you just create virtual accounts, select the account, do your trade operations on the selected virtual account et voila.

And you can do ANYTHING you want, unlike what Ryan claims, you can not close the 3rd or whatever, anything you can dream of, you can do.

Again I say, with which U.S. broker-dealer have you proven that?
 
Ryan L Johnson #:
Again I say, with which U.S. broker-dealer have you proven that?
The only thing proven is the fact that you can not seem to comprehend that you can nette your virtual hedged positions. How do you think banks and insitutions trade? Are they only long or short? Or, do they run multiple stratigies, even with conflicting directions? They use virtual trading accounts and expose the nette result.
 
Enrique Dangeroux #:
The only thing proven is the fact that you can not seem to comprehend that you can nette your virtual hedged positions.

Thank you for confirming that you have no experience with U.S. CME Futures. That clears things up.

Enrique Dangeroux #:
How do you think banks and insitutions trade? Are they only long or short? Or, do they run multiple stratigies, even with conflicting directions? They use virtual trading accounts and expose the nette result.

For the record, banks and institutions don't engage in retail grade direct hedging because they understand that it generates nothing but a washout. Professional traders actually hedge cross-instrument and/or cross-market.🙄

 
Ryan L Johnson #:
Thank you for confirming that you have no experience with U.S. CME Futures. That clears things up.
It is not even relevant. A netting account is a netting account but apearantly this too seems a too complicated concept for you to understand.
 
Ryan L Johnson #:
don't engage in retail grade direct hedging

Again you miss the point. It is not about direct hedging. If you have 2 complete different strategies running on the same symbol, it can happen that one is long and one is short. On a netting account this is not poossible. so you need virtual accounts. That is what i am talking about, that is what the topic starter is talking about. Hedging account properties on a real netting account.

It seems you are only talking about you.

 
Enrique Dangeroux #:
It is not even relevant. A netting account is a netting account but apearantly this too seems a too complicated concept for you to understand.
Attacking a debate opponent personally is a sure sign of the attacker having lost the debate.
 
Ryan L Johnson #:
Attacking a debate opponent personally is a sure sign of the attacker having lost the debate.
Unfortunately it is not an attack, it is an factual finding. If you did understand, you would not need any "prove", which you also do not need because you just conclude based on nothing.
 
Ryan L Johnson #:

You're welcome.

Forex Dealer Members may not carry offsetting positions in a customer account but must offset them on a first-in, first-out basis. At the customer's request, an FDM may offset same-size transactions even if there are older transactions of a different size but must offset the transaction against the oldest transaction of that size (https://www.nfa.futures.org/rulebooksql/rules.aspx?RuleID=RULE+2-43&Section=4).

Note that the word, "may," is not mandatory language. Therefore, a broker-dealer is not obligated to honor a trader's request to have different size positions excepted from FIFO enforcement. As a result, the overwhelming majority of U.S. derivatives broker-dealers refuse to honor such requests. That is the reason for me having found only one antiquated MT4 FX broker-dealer that actually uses the exception as its standard rule.

Have a look at the following utility. Just know that CME Futures can have rather unique tick sizes on a per symbol basis, so it may need some editing depending on the specific instrument that you're trading.


This stealth TP/SL EA looks great. If all my entries were fixed at the same size of 1 lot, could this be the solution I'm looking for ? Could it manage all the other strategies TP/SL virtually?
 
Enrique Dangeroux #:
Unfortunately it is not an attack, it is an factual finding. If you did understand, you would not need any "prove", which you also do not need because you just conclude based on nothing.
The feeling is mutual, buddy.😉
 
Enrique Dangeroux #:

Exactly. Use this link https://www.mql5.com/ru/code/22577 from the Russian section, there is the latest version, not in the english section.

Check the examples, it works very simple and flexible, you just create virtual accounts as many as you need, select the account, do your trade operations on the selected virtual account, move to the next if you have a signal and so on. After all trade operations you synchronize the net exposure with the real account.

And you can do ANYTHING you want, unlike what Ryan claims, you can not close the 3rd or whatever, anything you can dream of, you can do.

Wow, amazing. I'm having ChatGPT look into this as I can't read russian :). Thanks for sharing this !  How is individual strategy P&L calculated, does it show up in the trade history with a magic number or comment ?