Algorithmic Trading - Institutional Level
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thread: Algorithmic Trading - Institutional Level

  1. #1
    Member Rocky's Avatar
    83

    Algorithmic Trading - Institutional Level

    Hello,

    I have developed a fairly sucessful algorythm which averages a 3:1 Win/Loss Ratio plus a 38% Winrate over 1000 Trades on a single Pair. It is not in the High Frequencey League nor does it scalp for miniscule quantities of pips (25-150 instead ). However, I don't wish to encounter any execution issues or requotes or slipage using MT4 so I am seeking the best automated trading enviroment (speed and liquidity).

    I already had a look on LCGs site but all of the diffrent APIs and Platforms confused me a long time. Does someone have any expertise in this field?

  2. #2
    Member Rocky's Avatar
    83
    Why do you really care about speed/slippage if you make at least 25 about the commerce? I was never slid more than 1 point.
    Because that 1 stage adds up if you have alot of trades (12 per Day average) If a transaction should be closed at Break I do not want to eliminate a single pip.

  3. #3

  4. #4
    I'd say that Strategy Runner is your platform of choice. Server based, so latency and link glitches minimised. See

    http://www.egyrunner.com/new/Content/automation.php

    Liquidity is dependent upon liquidity supplier instead of automation platform. One great London based liquidity supplier is London Capital Group, see

    http://www.londoncapitalgroup.co.uk/...solutions.html

    Hope that helps.

  5. #5
    For into the institutional level, you need to be an institution (a business ) and also have a prime broker. If you would like to try your system on a true market, it is possible to try Interactive Brokers, and utilize their FX feed, or (rather ) IMM futures. Their API access is a minefield, and you can NEVER leave trading unattended even for a second, as they are notorious for changing their API code with no caution, but it is going to always be better compared to trading with a bucket shop. London Capital Group is a mom and dad organization, and I would avoid them as they're not large enough to give you serious support - when I seen them they provided no API access to FX. Marex will likely be better, trusting they offer the API's today, but it's obviously an expensive solution, as you may need to pay them for the PB services in addition to for platform access. The simplest thing to dois to find a first rate futures broker in the US, and exchange on IMM to check your stuff - if it actually delivers the goods, establish a business and think large.

  6. #6
    Junior Member virr.exc's Avatar
    27
    You are going to have a hard time eliminating slippage given the speed of light isn't infinite.

  7. #7
    Can you have firsthand experience with Lime? For what I understand they don't appear to be big on otc fx - however I may have gotten it wrong.

    If you want to test out your system on a true market, you can try Interactive Brokers, and use their forex , or (preferably) IMM futures. Their API access is a minefield, and you can NEVER leave trading unattended even for a second, as they are notorious for changing their API code without any warning,
    that's why you should use their FIX connection...

  8. #8
    I also have heard great things about egy runner in case you are not apt to developing your own appliions and connecting to FIX API.

  9. #9
    Do you have firsthand experience with Lime? For what I understand they don't seem to be large on otc fx - but I might have gotten it wrong.
    No, I just heard a lot of great stuff about them. I was under the impression that they also conduct FX, but there's hardly any mention of this on theirs site. I also browse various equity/futures forums/blogs, I May Have heard of them in that context Sorry

  10. #10
    Junior Member Ibanes73's Avatar
    16
    Recently I have interested in this type of stuff.
    What about ECN platform so far?

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