Thread: Q&A (Ask your questions here)

Is there a way which I can set the quantity that i want to see VWAP for?

Say I trade in lots of 7M every time i trade and i want to see what the VWAP would be for that Qty each time i am logged in. Or change the Qty when needed.

If this is possible how do i do it?

Thanks

There is no way to set the quantity that you want to see VWAP for at this time. The VWAP mode will only show the average price for all of the liquidity available at the given moment.

Dear sir,

I am not receiving " TECHNICAL STRATEGY " in my mail for the past eight days. Any problem there in sending the article to your Gold clients?



Regards,
SETH

Seth,

Thanks for the question. Active Trader Group clients are enrolled to received market insights and research from our team of analysts with Daily FX in expedited fashion. I am not sure why the recent articles were not received but have definitely investigated the issue for you. I have confirmed that you are enrolled to receive all research emails moving forward and have no absolute answer on why you may not have received the previous articles. I do recommend checking spam folders and make sure that our research articles are not being filtered out.

Please feel free to contact the Active Trader Group team by email at activetrader@fxcm.com or by phone at 1 646 432 2970 should you have any questions.

I am wondering why still Mobile trading is not available for active trader plat form.

Not sure where to post this... can't find the active trader forum technical help forum. This if for a demo account. But maybe it applies to everything, i don't know. I put an entry order in for EUR/JPY and it hit the entry point and now it just says "executing" for the order but it never executed. Now I can't remove the other or edit it. It's just stuck sitting there saying "executing". Why did this happen and how do I fix it?

I am trying to create a indicator so help me How to draw a Line and a Text in Marketscope in lua

Thanks

For help creating a line or any other indicator in LUA please view the forum at FxCodeBase.

The specific link with step by step instructions is below:

FXCodeBase.COM: Forex Chart Indicators and Development • View topic - How to Start develop your own indicator

To load custom indicators in your Marketscope 2.0 charts please follow these instructions:

1. Login to your Trading Station II Platform and open the Marketscope2.0 charts.
2. Click “Insert” and select “Add Indicator” Or simply press the “i” key.
3. Press the “Manage” button in the Add Indicator Window.
4. Select “Download More Indicators” or visit the site:
FxCodeBase
5. Find the Custom Indicator you would like to download and click on the name, this will allow you to see the “Attachments” section.
6. Under “Attachments” click on the file name (this will end in .lua) and download the file to your computer where you can easily find it.
7. Once the file has downloaded return to the Manage Custom Indicators window inside the Marketscope 2.0 charts, click on the “Load” button.
8. Find the .lua file you downloaded and open it.
9. You will now see your custom indicator inside the Add Indicator window, select the indicator and press “OK”

If you would like to have an indicator coded for you please contact our Programming Services at: consulting@fxcm.com

All live FXCM Active Trader Group clients receive a $600 credit for work done by our Programming Services.

We apologize for the delay in our response.

If you would ever have this experience in a live account our Trade Audit Committee would review the trade and be able to make any appropriate adjustments to the trade.

Any trades in a Live Active Trader Account that need to be reviewed please either call our Active Trader Client Services at (646) 432-2970 or the information can be logged here:
Audit Form

For problems that occur in a demo account please contact the Active Trader Group at (646) 432-2970 to review the issue.

I apologize for the delay in our response.

At this time we do not have a mobile platform for the Active Trader Platform.

Live client's who would like to use a mobile platform can set up a Trading Station II account with the same pricing structure as the Active Trader Platform and use the Mobile TSII.

For more information on our mobile offering please visit our Mobile Forex Trading Products:
Forex Mobile Trading Products

Hi I have a MB Trading account because of their ECN - no dealing desk. I like your spreads but with MB Trading its $2.95 or $5.90 per round trip on 1 Std lot and FXCM even with reasonable volume is $7.00 per round trip.

Is there any movement on this? Thanks...

I have looked at the information on a demo account with the Active Trader Platform. I have been left wondering when GBP/USD is the 2nd or 3rd most traded currency pair why there is so little depth. There always seems to be the same number of bids (7) as offers (7) and there always seems to be the same amount available on either side of the market (9.0 million). Also there is often more depth (both through number and amount) on the Crosses (EUR/GBP or GBP/CHF) than the Majors (EUR/USD or GBP/USD). Living in the UK I would really like to scalp EUR/USD and GBP/USD so I was naturally very interested in being able to look at level 2 information but from what I've seen from the demo it doesn't seem to give out any insight to better understand and therefore read/time the market better. Common sense says to me that the more something is traded the more bids and offers there should be. So is this because the banks giving the depth information may prefer to give away less on the Majors than the Crosses (possibly due to volume or volatility). Or does more volume mean that some of the available liquidity is taken up as soon as it is made available so in effect it never shows up. Also I do also realize that this could simply be because it is a demo account and FXCM are naturally going to focus their resources on real accounts and that in such fast moving markets the demo accounts might just not keep up. Any clarification would be greatly appreciated.

Originally Posted by silver----

Hi I have a MB Trading account because of their ECN - no dealing desk. I like your spreads but with MB Trading its $2.95 or $5.90 per round trip on 1 Std lot and FXCM even with reasonable volume is $7.00 per round trip.

Is there any movement on this? Thanks...

Hi Silver----,

Please keep in mind that the total transaction cost consists of the spread plus commission. As to our commission rates, these are negotiable and I would encourage you to reach out to activetrader@fxcm.com to let us come up with a tailored solution for you.

Originally Posted by Ol-kat

I have looked at the information on a demo account with the Active Trader Platform. I have been left wondering when GBP/USD is the 2nd or 3rd most traded currency pair why there is so little depth. There always seems to be the same number of bids (7) as offers (7) and there always seems to be the same amount available on either side of the market (9.0 million). Also there is often more depth (both through number and amount) on the Crosses (EUR/GBP or GBP/CHF) than the Majors (EUR/USD or GBP/USD). Living in the UK I would really like to scalp EUR/USD and GBP/USD so I was naturally very interested in being able to look at level 2 information but from what I've seen from the demo it doesn't seem to give out any insight to better understand and therefore read/time the market better. Common sense says to me that the more something is traded the more bids and offers there should be. So is this because the banks giving the depth information may prefer to give away less on the Majors than the Crosses (possibly due to volume or volatility). Or does more volume mean that some of the available liquidity is taken up as soon as it is made available so in effect it never shows up. Also I do also realize that this could simply be because it is a demo account and FXCM are naturally going to focus their resources on real accounts and that in such fast moving markets the demo accounts might just not keep up. Any clarification would be greatly appreciated.

Hi Ol-kat,

The level II type market depth on the Active Trader platform is unique in that it gives you a transparent view of our No Dealing Desk execution model. FXCM does not determine the liquidity and the market depth will show you the realities of the current market conditions and what the liquidity providers are willing to show.

If you see a situation like this, you may not want to put in an order that is larger than the displayed liquidity at that time and breaking up your order may be a better option.

We have a program using fix protocol trade to FXCM.
We have interest in Active Trader Platforms too.

Is there any api used to trade to Active Trader System directly ?
Could you please tell me how can we get the Level II pricing (Liquidity depths) using the api ?

Thank you.