Posts made by MMBInvest

Guys,

everything you need to know was already mentioned in my initial post. HTF will work on DEMO but not in a live account of IC Markets. IC Markets does not provide real prices in live accounts, because they are not liquidity providers or market makers, as they clearly write on their website and as they have provided via Email as I was confronting them with this issue. Try whatever you need to, but don't be disappointed afterwards about your wasted time and efforts. I checked the video and the prices are accurate - that can only be given in DEMO accounts. As we know you can easily change Metatrader in a way that it will show Live instead of Demo. You can tweak your EA as much as you want, the broker will not be able to provide you that exact prices - for good reasons. The order will be filled to the nearest possible one - to your disadvantage ... so what is the point of a HTF EA if you have that info? I used a VPS in NY in order to test it with US30 ... at the end of the day you will get what the broker provides to you. Even if you could make the EA only trade the exact prices, then you would still exceed the max 200 requests per day, which is the limitation of IC Markets - where they would block your account ... if you get it working in your live account - feel free to tell us ;o)

Thank you beeing pro-active in this forum ... you are one of the most consistent people here ... have a great day

If you want to know how to get all informations you need after a mouse click, then look at that:
https://fxdreema.com/shared/AYXfqrZte

cheers

https://fxdreema.com/shared/AYXfqrZte

https://fxdreema.com/shared/AYXfqrZte

Try this ... https://fxdreema.com/shared/AYXfqrZte

Another observation: if the SL is too close, you might get an spread issue ... like if the spread is bigger than you SL, than this might cause a zero-divide. Hence you might want to add the spread to you SL ...

@DragonZueloTrends sure - tell us if you find something out! Thank you

@jstap of course to you ;o)

@jstap btw. I bought your book and I was really surprise how similar we use fxdreema - same sence of design and what I took over is the placement of the boxes in order to have more space for more boxes. I really loved that idea. Good book ... well done!

ps.: of course to you - lol

Here is the very basic of the project:
https://fxdreema.com/shared/wrIfTOv0d

No Rocket Science in this EA/Strategy

@jstap Indeed. No this is not "my link" nor my EA. All I say in this post speaks against whats happening in the video. I just don't think that was is shown there is possible - if at all, I hope that with this post nobody will buy the EA there. Anyways the fellows here are usually able to create such an EA themselfes.... and I would also call it scalping rather than HFT - but tbh, I don't care so much about that as others do ;o)

One Info I forgot to mention is, that IC Markets only allows 2000 Messages (even less trades) per day, otherwise they will block you account - no matter if Demo or Live - just for your Information.

Hey fxDreema enthusiasts,

I wanted to take this forum as a chance to elaborate on my latest findings about "HFT" EAs. I know that this term is not used in the correct way, however, an EA that trades every tick trades in a high frequency - so you want to live with that term.

I saw this YT video and thought I want to give it a try instead of paying 1000 USD. The logic behind is very simple and obvious, hence I recreated it with our beloved software (be blessed fxDreema - you are my favorite software and I am impressed every day that I use it). Actually I created an advanced version that can do a lot more - never mind.

https://www.youtube.com/watch?v=GhRwsoDssLk

I started backtesting --> it looked too good to be true
I started Demo trading --> it looked still fantastic
I started Live trading --> a nightmare

The money was wiped six times faster than in backtesting and Demo. For the simple reason that in backtesting and Demo you have a real live stream of data, but the Broker (at least IC Markets) does not provide those prices to you. I fact, the provide the next available price, which is never in you favor.

So that makes me question at once the video, but also of course if so called "HFT" EAs make sense at all --> at least not this strategy and not with IC Markets.

Here is the official statement of IC Markets which I got as I told them, that the losses of the trades do not fit to the orders that were sent by the EA.

IC Markets: "However on live trading accounts the SL is the triggering price and it is closed on the next available price which can be different due to slippage."

Further: "IC Markets offer its clients with a market execution model. This means all the trades are executed at the first available price received from our hedge counterparties once an order has been triggered. As we do not have dealing desk intervention, we are not involved in creating the prices that we show you. Thus, are not able to offer guaranteed executions exactly at your requested prices, we are simply streaming the prices that we receive."

For your understanding... instead of max. expected losses (due to fixed SL) which was 1,82 USD the EA realised up to 4 USD on a regular base. In Demo and backtesting the losses were 1,82 USD max but usually much lower.

For a lot of you guys that might have been obvious, whilst for me it was a learning which I wanted to share. As those topics are also found via google - I hope it can help not to waste the time of one or the other EA builder.

Have a nice day

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

The video shows the problem ... how its working until there is a glitch ... so I will remove this and don't use it anymore.

Video

So, now if I use the same code for pure mql4 and for fxdreema, I don't get the issue with the pure code (see attached example code) whilst fxdreema will created this long numbers ... but again, not always, it is ok for a minute and then it shows the long numbers once or twice, and then it is ok again, still it is annoying not useable that way... no work-around is working (!) EVEN if I convert everything in strings and then use string functions to build something useable ... the same behaviour... I mean, a string has nothing to do with the number conversions, and it is still not working.

Profit-Loss Meter v2.mq4

Yes, it is just the part where the function is used ... I can make it compileable ... this one compiles now: https://fxdreema.com/shared/OtJ389D1d