General Discussion

[Jason Andrus]

Originally Posted by Sweet Pip Is that true?...When did that change? Would that apply to BC Canadians too? Hope so...

The minimum was lowered earlier in February due to popular demand, and this does apply to BC Canadians. Just make sure to fill out the BC application when applying and list MT4 as the referral on the account so that it is setup on MT4.

[buylow1]

Also, anyone herd anything about an E.T.A. for MT5?

[TraderGuy]

Hi everyone, I was looking at possibly switching to an fxcm-mt4 account, but first would like to find out how its been working out for users.

So before making the switch to fxcm-mt4 I would greatly appreciate hearing about your experiences with it so far.

[dgsteckman]

Does the MT4 platform trade using pips or units? I trade other peoples' accounts using a lpoa and currently have under 50k trading, therefore I have to open each account separately and trade. When I get a LAM or PAM account could I use the MT4 platform in order to trade for all accounts? Also is there an "Alerter" that you would recommend for the MT4? Thanks

[georgeharrison]

Hi everyone, I will be happy to know your opinion on fxcm-mt4.
Thanks ...

[PFV]

As for FXCM, this is a well funded, registered broker with a good reputation and support a reliable trading platform (FX Trading Station).

As for their MT4 platform, I only used it for a week, and returned to a former broker--only because my EA would not work with fractional pips (1.12345). What I mean is that my EA could not properly handle fifth decimal.

If you're only executing trades manually, and want MetaTrader, I think you will find FXCM-MT4 to work well.

[bisecom]

Dear Andrus Jason,

Every broker work with specific banks and has its own price history with their spreads, high and min prices.
Kindly advise, how could I get historical datas from FXCM micro for Eur/Gbp, Eur/USD to import them to my MT4. I need it to do optimisation of my EAs for your historical feed.
Hope to get your soon reply,
Regads,

Bisecom

[Jason Andrus]

Hello Bisecom,

Our consulting services has historical data for backtesting EA's. Please note the MT4 platform is only available for standard 10k accounts, and all micro accounts are traded on the FX Trade Station II platform. To ask about historical data for backtesting, contact by email or phone:

consulting@fxcm.com
1-212-897-7660, ext. 719085.

Originally Posted by bisecom Dear Andrus Jason, Every broker work with specific banks and has its own price history with their spreads, high and min prices. Kindly advise, how could I get historical datas from FXCM micro for Eur/Gbp, Eur/USD to import them to my MT4. I need it to do optimisation of my EAs for your historical feed. Hope to get your soon reply, Regads, Bisecom

[jrob195]

I find MT4 is good.

[Jason Andrus]

The new MetaTrader 4 Build 221 is now available for FXCM's MT4.

The FXCM Metatrader 4 platform will not update on its own. To update, you can run the installation file from our website directly over the one on your computer. There's no need to uninstall the platform before installing it again.

Here is the link for the new build http://www.fxcm.com/download/fxcm4setup.exe

[WWW2009]

1. My first question is when I print the 'Point' value using following code:

Print(Point);

To my surprise the value is 0 rather than 0.00001, is it normal? And if you print out the Bid and Ask values you also will find only 4 digits after decimal point are displayed. For example:

Print(Bid);// only 1.1234 rather than 1.12345 is displayed

So in EA coding, what values should we use? the 5 digits or the 4 digits?

2. When I did backtest to my EA(real account), most time the opened order can not be closed, the error code shows 'requote' happened when my EA try to close orders. Sometime orders can be closed normally, but it's very rare. I have tried my EA on other MT4 platforms with demo account, it can close orders normally all the time. I know FXCM provides 5 digits precision and I have done corresponding corrections to my EA. Can somebody from FXCM help me for this?

Thank you.

[WWW2009]

I have solved my first question. As to question 2 I provide you my test EA code for your reference. It's great if anyone can help me on this. Thanks.

************************************************** ********
2. When I did backtest to my EA(real account), most time the opened order can not be closed, the error code shows 'requote' happened when my EA try to close orders. Sometime orders can be closed normally, but it's very rare. I have tried my EA on other MT4 platforms with demo account, it can close orders normally all the time. I know FXCM provides 5 digits precision and I have done corresponding corrections to my EA. Can somebody from FXCM help me for this? Thank you.
************************************************** ********

I am attaching the source code of my test EA for your reference. In this EA, an instant sell order will be opened at the beginning of each day. When the stop loss value is reached, the order will be closed by the EA. Otherwise, the previous day's order will be closed on current day's beginning at 00:00. I have back tested it on FXCM's MT4 platform, however the opened can not be closed. 'requote' errors happened every time the EA try to close the order. On other MT4 platforms this EA works well. Any suggestions? Thank you.

[fxbit]

Try increasing your slippage. The slippage is in points, that means 1 = 0.00001 slippage.

[jrob195]

I use and am content with Meta Trader.

[WWW2009]

Originally Posted by fxbit Try increasing your slippage. The slippage is in points, that means 1 = 0.00001 slippage.

Thank you! However, the opened order still can not be closed at a given time. Now I am attaching a new test EA. In this EA, every 2 minutes a sell order will be opened and closed. The order open is OK. "Invalid Price" errors happened always in order closing (slippages are 30 now). Can people from FXCM help me on this? Thanks.