NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Trading Reviews and Vendors >  Brokers  > 



"bad" broker/vps!?


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two TheTradeSlinger with 1 posts (1 thanks)
    3. looks_3 sam028 with 1 posts (1 thanks)
    4. looks_4 bsternfeld with 1 posts (0 thanks)
    1. trending_up 1,331 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

"bad" broker/vps!?

  #1 (permalink)
 bsternfeld 
Schwyz, SZ, Switzerland
Elite Member
 
Experience: Beginner
Platform: NT7, NT8
Trading: ES, GC, CL, 6E, Forex
Posts: 5 since Oct 2013
Thanks Given: 8
Thanks Received: 1

What qualifies a “bad” broker/vps combination? After 9 years of FX trading I would like to be educated. I have a vps with winserver 2012 with latency under 1ms with my broker. I am testing an EA at the moment and the vendor claims that I don’t meet his numbers due to a “bad” broker/vps combination. Decisive for me always was the quality of the data feed and the rest is up to MT4 and the EA. Please correct my line of reasoning/thinking.

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
About a successful futures trader who didnt know anythin …
Psychology and Money Management
REcommedations for programming help
Sierra Chart
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
 
  #3 (permalink)
 
TheTradeSlinger's Avatar
 TheTradeSlinger 
Huntington WV
Elite Member
 
Experience: Advanced
Platform: TradeStation
Trading: ES, CL
Posts: 483 since Jun 2015
Thanks Given: 877
Thanks Received: 682



bsternfeld View Post
What qualifies a “bad” broker/vps combination? After 9 years of FX trading I would like to be educated. I have a vps with winserver 2012 with latency under 1ms with my broker. I am testing an EA at the moment and the vendor claims that I don’t meet his numbers due to a “bad” broker/vps combination. Decisive for me always was the quality of the data feed and the rest is up to MT4 and the EA. Please correct my line of reasoning/thinking.

Buying a system, that's the problem.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 
sam028's Avatar
 sam028 
Site Moderator
 
Posts: 3,765 since Jun 2009
Thanks Given: 3,825
Thanks Received: 4,629


bsternfeld View Post
What qualifies a “bad” broker/vps combination? After 9 years of FX trading I would like to be educated. I have a vps with winserver 2012 with latency under 1ms with my broker. I am testing an EA at the moment and the vendor claims that I don’t meet his numbers due to a “bad” broker/vps combination. Decisive for me always was the quality of the data feed and the rest is up to MT4 and the EA. Please correct my line of reasoning/thinking.

You should write a smal EA which is simply sending a limit order far from the current price (to not being filled), cancel it when it's acknowledged by the broker, and measure the time spent between the two.
That will give you a realistic latency to your broker.

The 1 ms you mention might be only the network latency itself, not the "order in the brokers/exchange book" latency which is higher (10 to 1000 higher depending on the broker's back-office procedure).
I won't say it's the problem here but at least you'll have real number to give to your EA vendor, like "order sent and cancelled in 8 ms".

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
Thanked by:




Last Updated on November 2, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts