FX Trading Diary ATS Advisor EA - Expert Advisor - New FX Trading Diary

whisquer

Forex Magician
Good to have them all with one provider.
Are you Beeks VPS? ForexVPS.net?

I have the latter.
I moved away from ForexVPS.net - for reasons explained in my blog on F2F. There were slowdowns and slow refresh rates experienced, at least for me... Beeks I have as a Free VPS given from one of my brokers. As @zozz and I have been chatting, he really likes a third VPS that I'm using (thus far).
 

Geese what?

Forex Tourist
My UK based broker has their trading server based in London, so I do have an LD4 arrangement with my VPS provider to cover that off. The other broker I typically deal with has their trading server based in NY4; so that's where my VPS provider also sites my accounts with that broker. Basically my VPS provider has covered me off in both locations in case scalping and low latency is critical to what I want to do.
OK, so you have 2 different VPSs?
 

whisquer

Forex Magician
OK, so you have 2 different VPSs?
I have two different VPS service providers, one sponsored and one paid for. For the one I'm paying for, I have the VPSes they provide in two locations to reflect where my brokers have their trading servers, one in London one in new York
 

Geese what?

Forex Tourist
I have two different VPS service providers, one sponsored and one paid for. For the one I'm paying for, I have the VPSes they provide in two locations to reflect where my brokers have their trading servers, one in London one in new York
Yes, but the paid one, these are 2 different VPSes, and you pay a bill covering 2 VPSes in 2 different locations, correct?
 

whisquer

Forex Magician
Yes, but the paid one, these are 2 different VPSes, and you pay a bill covering 2 VPSes in 2 different locations, correct?
Yes- and the bill is paid to the same entity. Basically the same entity allows me to locate the VPS wherever I choose. My choices were London and NY to reflect where my trading servers were.
 

SurfTradeLove

Curious about Forex
After a quiet few days, ATS took off today with 2 nice trades - but given the volatility of the market today, I was kind of hoping it would be this way ;). This is from the demo account, total trade time from open to close - 15 seconds.

View attachment 1332

View attachment 1334
Loving your diary @whisquer (y)
To be honest, I would love to buy this EA....but it seems MQL stopped accepting paypal...
I don't know any of these other services, and the credit card option they have doesn't look familiar...
So no dice...until they get paypal, skrill, neteller...something I recognize...
For now, I will just follow your diary :)
 

Cycletrader

Forex High School Teen
I moved away from ForexVPS.net - for reasons explained in my blog on F2F. There were slowdowns and slow refresh rates experienced, at least for me... Beeks I have as a Free VPS given from one of my brokers. As @zozz and I have been chatting, he really likes a third VPS that I'm using (thus far).
Happy with Beeks so far?
 

Queen ofx Hearts

Forex College Student
I want to draw upon the inspiration of others who have come before me and had spent their selfless time, energy and effort to craft up Trading Diaries.

I purchased this EA (https://www.mql5.com/en/market/product/49187) at full price after doing a barrage of tests on it and will in due course be posting up some screenshots and reports. I plan to update this blog for a maximum of 3 months to give it a fair shot, with a target of at least 1 update a week. I might not answer every request for 'how is this EA doing now' because I have other commitments to attend to, but at least I've set out my target and if you don't see any update from me for 10 trading days (outside of the time when I'm off trading for Xmas), ping me!

Why I picked this EA to purchase and run live:
* Controlled SL - ratio of TP to SL is around 1:4
* FileSize of EA = 104kb; which suggests to me that it's more real code than 'custom historical data for backtesting' built in.
* Dev provides a signal for me to compare trades with: https://www.mql5.com/en/signals/734610#!tab=history
* It trades probably around 3-4 times a week, but when ATR is truly low, there may be lull periods of up to 2 weeks or so when you won't see any trades.
* Average trade time is around 5 mins - with any luck this means that I can stop in time for XMAS and other big dates without too much grief.
* While BTs report that some months will see losses, the wins in a year *should* far outstrip the losses. Historically for the last 14 years or so at least, there are at most 1, maybe max 2 months of losses in a year, while several years see no monthly losses at all.
* I have done the BTs based on a variety of tick data sources including Dukascopy, TrueFX, Darwinex, Alpari ECN1 and Histdata. They all report fairly similar behaviour.
* I have optimized the risk settings and found that I'm most comfortable running this at risk of 2.5% for a very low risk strategy.
* The reported STR Quality Number and SQN Score based on my backtests exceed 15. Anything above 7 is regarded as truly good.
* It should return a CAGR of around 18% a year. Of course this isn't crazy high, but it beats my high street bank anytime. And can be a proper source of diversification of forex strategies.

There is always a risk that I am beginning the journey on a 'loss month'. That's why I opted for 3 months and of course the aim is to come out net positive. I will stop for Xmas at some point and resume around Jan 11th in any case. So there will be some weeks of low activity. History also shows that if it's running around Dec 26-28, it will take losses during that time; so follow the good old wise rule of not trading too close to Xmas when liquidity is low and spreads are high and flash crashes are looking for you, and you should be OK.

Wish me luck (and my favourite green pips)!
whisquer
Hey @whisquer !!!!!
I was out for a while, and came back just in time to see this beauty of a diary:love::love::love::love::love::love::love::love:!!
I will be devouring it, good luck with ATS!!!

Take care!!!
 

Queen ofx Hearts

Forex College Student
Thank you for asking the question, and I might just have the answer for you.

I ran two instances of this EA on a VPS based in NY4; where Broker-A has its trading server located in New York. Broker-B has its trading server located in London while operating off that VPS in New York.

Here are the individual Latency check results on MT4:

BROKER A:
View attachment 1246

BROKER B:
View attachment 1247

Nothing surprising there since Broker-A is co-located with my VPS whereas Broker-B is 'over the sea' from where the VPS is located.

Here is a limited account history of Broker-A:
View attachment 1248

whereas, here is the limited account history of Broker-B, starting with (roughly) the same trade on 10th Dec 2020 at broker time around 16:58:
View attachment 1251

What are your conclusions from this?
whisquer
Hey @whisquer are your results from both brokers still "in the ballpark"?
Or do you see a significant discrepancy between Broker A and B?
 
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