It seems like a trivial thing, but the quality of the connection between you and your MetaTrader broker can dramatically affect the quality of execution. When the markets move rapidly, delays in milliseconds make the difference between execution at a requested price versus heavy slippage. It is a wise idea to ensure you do everything in your power to minimize trading risks.
The steps to check the latency to your MT4 broker are simple.
hello dear programmers
does anyone know how much a mt4 EA can be fast at its maximum execution or cancellation speed?
on the other hand can an EA on mt4 execute an order,placing an order, close or cancel an order in 1 millisecond?
FXCM Releases Detailed Data on the SNB Flash Crash
NEW YORK, March 11, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, today disclosed detailed information regarding its systems and the broader FX market during the January 15th EUR/CHF Flash Crash. FXCM has compiled data points which demonstrate the unprecedented and extreme dysfunction of the FX market on January 15th. For the full recording and presentation please click here.
Emotions interfere with investing decisions more than we thought
The stereotype of a high-rolling Wall Street trader is a young, aggressive man oozing with testosterone-fuelled confidence and the nerve to take big risks. In fact, financial professionals are known to widely use testosterone supplements in hopes of honing their competitive edge, says Amos Nadler, an assistant professor of finance at Western University.
i need your advice .
i am panning to place a section in my EA code.
that should place sell stop and buy stop in some places.
but i don't want to get trapped by gaps , fast market movements etc...and after slippage those will...
i have attach my account to vps server on mql5.com website.
but there is an error.
when i click on stop auto trading button on my platform , and close each opened positions by EA .
EA instantly open another position instead of that...
i am a professional trader that have been in the marketplace since 9 years ago .
check tens of thousands of EAs , indicators , strategies like price action , ichimuko etc...
and can assure you 99% of them not work in long term.
because market is...
Thinking of trading? Get inspiration from best traders worldwide! Posted on July 19, 2018 by Sophia Mason
Whether you are a forex beginner or if you’re trading for a long time, you want to answer the question: How to make money with trading and how to become a trader? A simple tip is to look what other traders are doing. Following are some of the most successful traders worldwide:
Bill Lipschutz is perhaps my favorite trader to study. Although he’s a fundamental trader, the things he managed to achieve and how he went about accomplishing them is nothing short of incredible.
Whether it’s the trials and tribulations he endured to turn a $12,000 inheritance into hundreds of thousands of dollars while still in college or his sheer passion for “the game,” there’s much we can learn from him.
He’s also a guy who holds nothing back. If you’re looking for an honest answer, look no further than Bill Lipschutz.
A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of forex traders lose money and end up quitting. DailyFX found that many FX traders do better than that, but new traders still have a tough timing gaining ground in this market. To help you to be in that elusive 4 percent of winning traders, we have compiled a list of the most common reasons why forex traders lose money.
Triennial Central Bank Survey of foreign exchange and OTC derivatives markets in 2016
Updated 11 December 2016
Trading in foreign exchange (FX) markets averaged $5.1 trillion per day in April 2016, according to the 2016 Triennial Central Bank Survey of FX and over-the-counter (OTC) derivatives markets. This is down from $5.4 trillion in April 2013. FX spot trading declined for the first time since 2001, even as activity in FX derivatives continued to increase. Trading in OTC interest rate derivatives averaged $2.7 trillion per day in April 2016, up from $2.3 trillion in April 2013.
i have tested several brokers and they all fail.
maximum 2 months of M1 price history there.
i have seen lots of programmers here in mql5.com that can test their systems in 10 years or even 15 years.
this problem is remaining in mt5 too...