ECN and Market Maker survival guide -
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thread: ECN and Market Maker survival guide

  1. #21
    Junior Member galanmovil2's Avatar
    24
    That is complete off-topic.
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    Anyhow, renaming and perplexing is an MT item. Other platforms, as-well as each of the other market participants utilize the default meanings - since it supposed to be.

    If it doe's confuse folks, they should have dictionary. Metaqoutes-Forex. They'll be fine.
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    Going back to the root of this ribbon.

    Anybody heard of this'Black-Box'?

  2. #22
    Member Fuark's Avatar
    41
    This vocabulary is f-ed up. Mini lots, micro lots, macro lots. Cmon! Do not use Kazan, Russian (Metaqoutes) language and speak correctly in VOLUME.
    nope. Because then people will think in terms of mt4 quantity, which isn't really volume and is just ticks. So, the continues.

  3. #23
    Junior Member galanmovil2's Avatar
    24
    Negative spreads last for fractions of a second. I am not sure how/why you are comparing this to MB's cover limits promotion.
    Hey gloomy, what I mean about their'cover limits' it's only a promotional trick only like'0 spreads' or commissions online deposit.

    I've trialed/used 6 platforms. While they have room for minor improvement, I like their Desktop Professional platform.
    People trade with craziest platforms. I guess I can not argue with you. It is only a thing of taste. I hate it.

    MBT. I stated mini lots b/c that is generally understood as a position size of 10k.
    This terminology is f-ed up. Mini lots, micro lots, macro lots. Cmon! Do not use Kazan, Russian (Metaqoutes) terminology and speak correctly in VOLUME.

  4. #24
    Many brokers provide 0 disperse - same thing here (free money?) , nothing more.
    Negative spreads last for fractions of a second. I'm not sure how/why you're comparing this to MB's pay for limits promotion.

    I actually understand why they attracted MT4 - their own platform is merely f-ing horrible. Poor bastards.
    I've trialed/used 6 platforms. While they have space for minor improvement, I like their Desktop Professional platform.

    I don't want to insult youpersonally, but there isn't any such things as'Lots' in Forex. It is MT language, which will be super confusing Anywhore, what broke are you currently using?
    MBT. I stated miniature lots b/c that is generally known to be a position size of 10k.

  5. #25
    Junior Member galanmovil2's Avatar
    24
    Interesting. I recall MB's cover for limits still applied for their MT4 clients though. Not sure why they cover clients to put limit orders when it didn't increase liquidity.
    I don't use MT4 so I am not sure what do you mean. Do you mean the bid/ask update and flash concurrently for market manufacturers?
    Many brokers offer 0 disperse - same thing here (free money?) , nothing.
    I actually understand why they attracted MT4 - their very own platform is merely f-ing dreadful. Poor bastards.
    Yes, this is what I meant

    I generally see the bid/ask size round 50-200 miniature lots in market depth, but once I input a limit order, I could view my order. It's distinct since it's considerably more compact than 50 mini lots. Occasionally I see a dimension of 0, my guess other retail micro lots.
    I do not want to insult you, but there is not any such things as'Lots' in Forex. It's MT language, which is super confusing Anywhore, what broke are you using?

    This is just an article from Boston Tech. Hope it will add depth for us....
    Thanks for the pdf. This is the way the BT bridge works like. Other bridges operate differently. And there are many of them...

    Limit orders on MBT's MT4 platform display in the quote, such as in the Level two of the primary platform. Think you're overlooking something here.
    You limit order get's from being kicked between the bridge and also transaction server just when the spot price is hit. Plus it becomes - THE MARKET ORDER. So it is not displayed everywhere.

    P.S.. About MT4 ECN implementation - Consider this implementation time, as soon as your order goes 1. Client - two. Trade server - 3. Bridge - 4 ECN . Keep in mind, that the plugins and bridge are developed by different companies then the platform itself. It's on life assurance basically. Even Chuck Norris could not make it work properly

  6. #26
    The largest thing I will say about MB or ATC is that they all pool your own orders under a certain limit and then off to the authentic market, do not feel that your 100K order is heading straight from the liquidity pool, so which is complete misinformation.
    I generally observe the bid/ask size round 50-200 mini lots in market depth, but once I input with a limit order, I could view my order. It is different because it's considerably smaller than 50 mini lots. Occasionally I see a dimension of 0, my figure other retail micro lots.

  7. #27
    Junior Member Fransuarwz64's Avatar
    29
    Oddly enough Market Makers nevertheless have their place, Oanda being among these, who states they use their trading desk to not bet against their clients but to hedge reductions exactly the same thing in my own world. The biggest thing I will say about MB or ATC is they all pool your own orders below a certain limit and then off to the true market, do not think your 100K order is heading directly from the liquidity , that is total misinformation.

    Better to not look at who's better and who's not, try them and see for yourself, is MM better for you an ECN. If you understand how to trade along with the plogy behind trading then who cares who you trade with, no broker can conquer a specialist all the time, occasionally, not all the time.

    So if you are only beginning, be sure that you trade modest lots with little minimums under live conditions, do this and you survive, do not and your account is transferred into a traders account who understands this. Secondly demo trading is a false positive and should just be used by newbies and those traders seeking to test egies, your thoughts is the largest part of your own trading. So to survive it is not about being using an ECN over Market Maker, trust I have already been there and trade with both, together with equally good results.

  8. #28
    Limit Orders don#8217;t reach the ECN network; they are set and withheld in the MT4 server until they are activated. As soon as they are triggered they become Market orders. Thus, they do not influence the ECN network, one will not see it at the L2.
    Interesting. I recall MB's cover for limits still applied to their MT4 clients though. Not certain why they cover clients to place limit orders when it didn't increase liquidity.

    The Bid/Ask prices are received/displayed at precisely the same moment. This is hopeless in ECN. Bid/Ask price flow are separate entities and can't be displayed synchronously.
    I don't use MT4 so I'm not certain what do you mean. Do you mean that the bid/ask upgrade and flash simultaneously for market makers?

  9. #29
    Junior Member araga73's Avatar
    25
    If an ECN broker deploys MT platform all looses Function:Limit Orders do not reach the ECN network; they're put and withheld in the MT4 server until they are activated. As soon as they are triggered they become Market orders. Therefore, they do not influence the ECN network, one won't see it in the L2. The Bid/Ask prices are received/displayed in the exact same time. This is hopeless in ECN. Bid/Ask price flow are separate entities and can't be displayed synchronously. ECN brokers, who have set...
    Limit orders MBT's MT4 platform screen in the quote, such as in the Level two of the main platform. Think you are overlooking something here.

  10. #30
    Junior Member samufd's Avatar
    23
    This is merely an article from Boston Tech. Hope it will add depth for us....
    https://www.cliqforex.com/attachment...1627693342.pdf

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