MBTrading integrated with Mt4 -
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thread: MBTrading integrated with Mt4

  1. #21
    Junior Member Ana_1999's Avatar
    22
    Are you attaching the Take Profit or Cease reduction to the true order, or are you currently placing new Pending Limit/Stops in the opposite way?

    If you are doing the former, then you are doing it properly and it should do the job. I'd contact their MT4 office to learn what's wrong.

    But how you explain it (you used the term pending limits and stops), I think you are doing the latter, that is not correct. Essentially, the system views that you are trying to hedge by placing new trades in the opposite way, which you can't do....
    I'm actually placing new limit/stops in the contrary direction. It seems that in th MT4 platform the machine is seeing that as if I am trying to hedge althogh I am not! . The thing is the reason why in the navigator platform something doesn't exist?! . Or this is just in the demo navigator?

  2. #22
    Junior Member calda's Avatar
    21
    Too bad you think that since you're passing up a fantastic live atmosphere. They have recorded and discussed the issues with Demo here on these forums. I have been because about June with Beta without any issues. Can not hedge in 1 account, but what else is perfect and 100%.
    Thanks for the comments Indy. It seems I am going to need to open the Live account, and get the feel of it with micro lots till I am comfortable with it. I'd decided just to remain with Navigator after that experience. On thinking of this, the problem of filling the orders on a demo has nothing to do with the connection that feared me. I know the problems with filling orders in the demo, but this looked a different issue.
    But it seems that customers are delighted with the live account? I've read a few bad experiences with the dwell platform in beta--not being able to shut out orders, and losing money in the procedure, which rang a few bells in my mind. But micro lots gives me the chance to try it out, rather than risk a bucket of money, and I could always transfer the money back to Navigator if I am not happy.
    Frank

  3. #23
    Junior Member calda's Avatar
    21
    I had this issue and Live Chat informed me that the pending orders are added to the amount of margin used, even though you haven't put the order yet. Therefore, if you're placing a separate order for SL or TP, you're basically decreasing the amount of margin utilized.

  4. #24
    Junior Member araga73's Avatar
    25
    Hi,

    I have a strange problem with MBT MT4 platform, I cant use any stop orders limit orders.
    For example lets say I bought 10 lots EUR/USD @ 1.4900 Market Order. .
    Afterward when I try to put in a pending order market cease lets say @ 1.4850 it says Too Many Orders! And the same goes when limit orders for carrying profit. What does that mean? Is this associated with this new NFA rules sorry I am not very familiar with it. . Or is it only a issue that is MT4?
    [size=3]Because everything is nice...
    Are you attaching the Take Profit and/or Stop reduction to the true order, or are you placing new Pending Limit/Stops from the opposite direction?

    If you are doing the former, then you're doing it correctly and it should do the job. I'd contact their MT4 office to find out what is wrong.

    However, how you explain it (you used the term impending limits and stops), I presume you're doing the latter, which is not correct. Basically, the system views that you're trying to hedge by putting new trades in the opposite way, which you can not do.

  5. #25
    Junior Member luanatika's Avatar
    28
    Too bad you believe that because you're passing up a great live environment. They've documented and discussed the issues with Demo here on these forums. I have been in Live because about June with Beta without any issues. Can't hedge in 1 account, but what else is perfect and 100%.
    Well Stated. I have been live for a few weeks now without any issues at all.

  6. #26
    Junior Member araga73's Avatar
    25
    Well, I have been trying out the demo MBT MT4 and I am totally disappointed with feed. In two days, when I have tried to close trades on three occasions, I have got the message no connection though the tick feed is still working.
    Contacted Live Chat, and they stated, Yeh, it happens with the demo but not the live account. What idiot in their right mind would consider that. If they can't get it directly with the demo, why have they solved the problem with the live? Surely, the demo is the one that sells the live?!?
    I'm giving...
    Too bad you think that since you're missing out on a great live atmosphere. They've documented and discussed the issues with Demo here on these forums. I have been in Live since about June with Beta without any Problems. Can't hedge in one account, but everything else is perfect and 100%.

  7. #27
    Junior Member calda's Avatar
    21
    Well, I have been trying out the demonion MBT MT4 and I am totally disappointed with feed. In two days, when I've tried to close transactions on three occasions, I've the message no connection though the signal feed is still functioning.
    Contacted Live Chat, and they stated, Yeh, it happens with the demonion but not the account. What fool in their right mind would consider that. If they can't get it right with the demonion, why have they solved the issue with the reside? The demonion is the one that sells the
    I am giving up on their MT4 till they've got their act together a bit more.

  8. #28
    Junior Member araga73's Avatar
    25
    This is the right FIFO usage. 1 trade per currency is OK. FIFO basically kills Martingale Trading where you would like to close out in last to first order to lock from the profitable trade. No Hedging kills peeps with long term positions that want to profit from short term reverse currency movements. For traders that know how to use Martingale and Long/Short Trades those options are now gone in the USA.
    You can still run Martingale's on MB Trading's MT4, for example.

    Hedging is a dumb notion to begin with. Should you buy 10 EURUSD and it goes up and you believe the EURUSD is going to pull back, there is no real difference between being in a position to hedge (promote a new loion while keeping the old open) and selling your 10 long to buy back following the pullback. It's only a mindgame men and women play themselves.

    Having said that, where hedging can come to play is complex egies which may piece into several legs of a position and then start coming out while also getting another egy that's creating new positions from the other way. Nonetheless, in addition, this is readily solvable with MB. Just open two accounts and tweak your EAs to run long side-by-side entries in 1 account and short side position entries in the other. Works the specific same.

  9. #29
    Junior Member dylancasas's Avatar
    16
    nobody. He's got the description wrong. It doesn't apply to transactions in different currencies. With the deal desks, even if you open a EURUSD and then another EURUSD, then you have to shut the first step . EURGBP and then EURUSD wouldn't be related.
    Here is the right FIFO usage. 1 trade per currency is OK. FIFO basically kills Martingale Trading in which you would like to shut out last to first order to lock from the profitable trade. No Hedging kills peeps with long term positions that want to profit from short term reverse currency moves. For traders who know how to smartly use Martingale and Long/Short Trades those options are now gone in the united states.

  10. #30
    Junior Member Cabagok's Avatar
    26
    okay. Is the description above accurate? Kinda had me fearful.

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