mrhell Posted February 23, 2011 Report Share Posted February 23, 2011 Today I was so suprised, my asian scalpers were not working at all today. So I looked up my metatrader and there was message like this "[account number] is prohibited EA transation" So I asked to the teller, What happens on the system? She said we sent 5 hours ago we prohibit it through MT4 mail. The contents is like this Dear Client, Please be notified that in order to safeguard all our clients including yourselves, as of today and until further notice, during the hours of 11 pm server time and at least until 2 am server time the company will not accept trading from your Expert Advisor(s) (automated scripts coded in MQL4), as due to the reduced liquidity available in the market at these times and the aggressive trading characteristics of your EA may affect the smooth operation of the electronic platform. Please take particular note that any active trades after 11 pm will need to be closed manually via your terminal. Normal trading without the use of an Expert Advisor will not be affected. Dealing Room I don't think it is cuz of system traffic but it is cuz they had lots of loss by Asian scalpers. She said it is only temporary but there was no end date. I wanted to let people know FXPRO prohibit the Asian scalpers, also know it is only for me or all the accounts. Anyone ? using fxpro and got this message? Holy suck stuff. If it keeps going I am gonna move to the other brokers. Please suggest me good brokers for Asian scalpers, I am thinking alpari UK so far. Thanks. t2g 1 Quote Link to comment Share on other sites More sharing options...
ramliam Posted February 23, 2011 Report Share Posted February 23, 2011 today i was so suprised, my asian scalpers were not working at all today. So i looked up my metatrader and there was message like this "[account number] is prohibited ea transation" so i asked to the teller, what happens on the system? She said we sent 5 hours ago we prohibit it through mt4 mail. The contents is like this dear client, please be notified that in order to safeguard all our clients including yourselves, as of today and until further notice, during the hours of 11 pm server time and at least until 2 am server time the company will not accept trading from your expert advisor(s) (automated scripts coded in mql4), as due to the reduced liquidity available in the market at these times and the aggressive trading characteristics of your ea may affect the smooth operation of the electronic platform. please take particular note that any active trades after 11 pm will need to be closed manually via your terminal. Normal trading without the use of an expert advisor will not be affected. Dealing room i don't think it is cuz of system traffic but it is cuz they had lots of loss by asian scalpers. She said it is only temporary but there was no end date. I wanted to let people know fxpro prohibit the asian scalpers, also know it is only for me or all the accounts. Anyone ? Using fxpro and got this message? Holy suck stuff. If it keeps going i am gonna move to the other brokers. Please suggest me good brokers for asian scalpers, i am thinking alpari uk so far. Thanks. please share Quote Link to comment Share on other sites More sharing options...
mrhell Posted February 23, 2011 Author Report Share Posted February 23, 2011 Share what? Quote Link to comment Share on other sites More sharing options...
manganate Posted February 23, 2011 Report Share Posted February 23, 2011 It's better to do scalping with an ECN broker. But, even then, the spreads will be greatest during the Asian markets. Quote When mind lingers in one place efficiency is lost Link to comment Share on other sites More sharing options...
ramliam Posted February 23, 2011 Report Share Posted February 23, 2011 Share what? which EA are you using? regards Quote Link to comment Share on other sites More sharing options...
mrhell Posted February 23, 2011 Author Report Share Posted February 23, 2011 I wrote my ea portpolio the other my thread If you.wonder it check there. Quote Link to comment Share on other sites More sharing options...
Guest indoshare Posted February 23, 2011 Report Share Posted February 23, 2011 which thread is your EA?? please share I wrote my ea portpolio the other my thread If you.wonder it check there. Quote Link to comment Share on other sites More sharing options...
awsl Posted February 23, 2011 Report Share Posted February 23, 2011 you should post this thread under the Forex Broker section to alert others. Quote Link to comment Share on other sites More sharing options...
mrhell Posted February 23, 2011 Author Report Share Posted February 23, 2011 I think so. I wanna delete this thread in today, But I can't find out delete link :( Do you know How I delete a thread? Quote Link to comment Share on other sites More sharing options...
dbz1713006267 Posted February 23, 2011 Report Share Posted February 23, 2011 Well... the solution is easy, just close the account and move to a real broker like Mbtrading or any other ECN. They are just doing this because they are losing money ... nothing more than that, liquidity is not the matter since they widen a lot the spreads during asian sesion. Quote Link to comment Share on other sites More sharing options...
Freddie Posted February 23, 2011 Report Share Posted February 23, 2011 My account is demo but I have a memo about trading times on President's day. Nothing of any relevance to this thread Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted February 23, 2011 Report Share Posted February 23, 2011 anyone have a second source for this? Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
jerrydeng Posted February 23, 2011 Report Share Posted February 23, 2011 (edited) really? I'm not that believe. Edited February 23, 2011 by jerrydeng Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted February 23, 2011 Report Share Posted February 23, 2011 Confirmed: Chat InformationThank you for contacting FxPro Live-support. The next available operator will be assigned to you. Chat InformationYou are now chatting with 'Maria', May i have your FxPro account number please? Maria: Hello, how may I assist you? you: Am I to understand that EA's are no longer allowed on FXPro from 21:00? Maria: from 9 PM until 2 AM you: Is there any plan to re-allow them in future? Maria: I am not aware of this at this point you: alright thank you Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
pro Posted February 23, 2011 Report Share Posted February 23, 2011 this is the end of the next bucket shop tomislav 1 Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted February 23, 2011 Report Share Posted February 23, 2011 oh, rubbish broker Quote Link to comment Share on other sites More sharing options...
Zoki Posted February 23, 2011 Report Share Posted February 23, 2011 Dear MRHELL, If not a secret, please inform us, what was your lot size. Also please inform us, do your EA's use pending or market orders? Are the SL and PT visible (included in the orders), or not visible by the broker? Quote Link to comment Share on other sites More sharing options...
manganate Posted February 23, 2011 Report Share Posted February 23, 2011 I think we can now forget about FXPRO for scalping Asian markets, even if their website states that all scalping EAs are welcome. Quote When mind lingers in one place efficiency is lost Link to comment Share on other sites More sharing options...
PIPHORE Posted February 24, 2011 Report Share Posted February 24, 2011 one of obvious reasons is that FXPRO losing a lot of money to Asian Scalpers... remember they are bucket shop or dealing desk broker if we win they loose. Quote Link to comment Share on other sites More sharing options...
albatore Posted February 24, 2011 Report Share Posted February 24, 2011 this evening fxpro and MD and this is the result when it tried to open the trade 17:35:48 MegaDroid1.30 EURUSD,H1: Sell operation failed – error(133): trade is disabled Which is wired is that I have other FXpro accounts for combo and growthbot and both accounts did not get the email… I think they are able to see we use MG !!!Even with stealth mode ! I’m definitely gone from FXpro and will close all accounts and move to alpari! Quote Link to comment Share on other sites More sharing options...
Zoki Posted February 24, 2011 Report Share Posted February 24, 2011 According my opinion one simple reason could be the following: too many of their customers is using MD. If more than 1000 customers would like to trade in the same moment, that could cause the liquidity problem in Asian session. That's why the broker recognised who is using MD. Just to mention, that the presented informational letter is still more correct, than the data delay (see other threads about that possibility) or if the brokers will disebble to close your winning trade (even if you would like to close it handly). Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted February 24, 2011 Report Share Posted February 24, 2011 except MD, how about other EAs, how about FAP? Quote Link to comment Share on other sites More sharing options...
mrhell Posted February 24, 2011 Author Report Share Posted February 24, 2011 In my case, FXpro stopped to use ALL EAs from 23 - 2 o'clock on server time Not only MD but also FAP, Caspian and so on, All EA (EX4) transaction were rejected. and I've got an mail from FXpro last night. They said it is "TEMPORARY" So please wait some days, it can be changed according to the MARKET SITUATION. I don't understand what the MARKET SITUATION but I assume bigger money is invested on the Scalping EA than before. And You should know, ALL Brokers know what kinds of EA you are using unless you hide magic number and order comment. Quote Link to comment Share on other sites More sharing options...
DominoFX Posted February 24, 2011 Report Share Posted February 24, 2011 And You should know, ALL Brokers know what kinds of EA you are using unless you hide magic number and order comment. I always change the magic numbers of my EAs -and I did not receive such email from FXPro. Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted February 25, 2011 Report Share Posted February 25, 2011 maybe only manual trade has no magic number, so once you use EAs , you must has magic number, am i right? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.