Trading-Gurus.com » MetaTrader

LMAX Introduce "Micro Lots"

Jim — Wed, 30 Nov 2011 20:41:18 +0000

Last weekend LMAX quietly announced to those of their customers carrying trades over the weekend that they were introducing what MetaTrader brokers refer to as micro-lots on their spot forex contracts. Whichever way you look at it, that title is something of a misnomer, but we'll explain what it means to a client of LMAX.

Persistent Patterns in Ray's Spread Betting Live Test

Jim — Thu, 17 Nov 2011 17:53:39 +0000

Another day dawns, and all four of Ray Robot's MetaTrader spread betting accounts have suffered another small loss overnight. Another cable short, another -10.0 pips, Ray's bottom line down to £246.00 at both GKFX and Alpari UK. This "false breakout" was however longer lasting than the previous ones. It took 3 hours and 21 minutes on both GKFX and Alpari for Ray's (overly tight?) stops to get taken out this morning.

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Our MetaTrader 4 Spread Betting Live Test Suffers Some Delays

Jim — Wed, 16 Nov 2011 13:50:56 +0000

Ray Robot II™ has been automatically spreadbetting on four different accounts for 3 days now, two of which are live accounts with real money in them, and two of which are solely for demonstration purposes. The trades themselves have been fairly uneventful so far, although I'm sure much more excitement is waiting just around the corner! Today the live and demo accounts at both GKFX and Alpari UK all suffered their third 10 pip loss in a row. They all shorted GBP/USD just below the previous day's low yet again, and they all lost once more. Some sort of a pattern does seem to be developing however. Just like yesterday, it took longer for Ray's stop loss to get taken out at GKFX than it did at Alpari UK. 6 minutes at GKFX versus 5 mins at Alpari UK on this morning's trade.

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Ray Robot II™ Spread Betting Live Test – Alpari UK versus GKFX

Jim — Mon, 14 Nov 2011 22:04:13 +0000

We were just gearing ourselves up to gently launch Ray Robot II™ onto an unsuspecting world when Alpari UK announced that they had started offering MetaTrader 4 spread betting accounts. In contrast to some reports elsewhere on the web, here at the Trading Gurus we are well aware that automated spread betting via MT4 has been available for well over a year from another broker – the recently renamed GKFX. We figured we'd kill several birds with one stone by running RR2 in identical fashion on live accounts from both MT4 spread bet brokers. While we're at it we thought we'd also try him out on demo accounts from both brokers, to see if there is any noticeable difference between automated live trading and pretend trading at our small sample of MetaTrader brokers. Whilst we're at that we thought we'd also compare some backtest results with all those forward test results, to see whether that made any difference to the outcome(s).

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Alpari UK Introduce MetaTrader 4 Spread Betting

Jim — Thu, 10 Nov 2011 15:18:04 +0000

It's been quite a long wait, but Alpari UK have announced today that they are now the second broker to offer automated spread betting using the MetaTrader 4 platform to UK residents. According to their news release:

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LMAX Launch MultiCharts (In Beta!)

Jim — Mon, 03 Oct 2011 09:22:27 +0000

If you've been a retail FX trader for a while, and you've got a sneaky suspicion somewhere in your subconscious (SSSS for short) that MetaTrader 4 is possibly not the best tool for the job of "FX trading for a living" then the headline above should already have caused you to have taken your eyes off your multiple screens because you've fallen off your swivel chair with the excitement of it all. This is how LMAX "soft launched" the Multicharts platform for their multi-lateral trading facility (MTF for short) last week:

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Ray the Random Robot Finally Comes a Cropper

Jim — Tue, 27 Sep 2011 12:44:27 +0000

As a couple of our more perceptive readers have recently pointed out to me, Ray the Random Robot's equity curve (the live version of which you can see proudly displayed to the left of this post) has recently suffered an obvious "blip". Here's an enlarged version of where Ray's up to today, preserved for posterity:

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Buru Trader Blows Up

Jim — Fri, 20 May 2011 20:36:09 +0000

If you're from the United States you may well never have heard of Buru Trader. However if you're a customer of Interbank FX Australia like me, you probably will have done. It's a bundle of two MetaTrader 4 expert advisors called "buru New York" and "buru Tokyo", which IBFX Australia have been promoting over the last few months. On March 15th IBFX were inviting their customers to find out about:

TradeStation Launches Retail Forex Brokerage

Jim — Mon, 11 Apr 2011 17:16:49 +0000

When the TradeStation Group announced last month that TradeStation Forex Inc. would be opening for business in the near future we speculated what "a few weeks" might mean. Now we know, and in this case it means just under a month. In a press release earlier today TradeStation:

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Ray the Random Robot Enters the myfxbook Elite

Jim — Mon, 04 Apr 2011 12:30:38 +0000

The myfxbook blog has just been updated with a new post summarising the results of their most recent MetaTrader 4 trading contest. It includes a revealing pie chart showing that after 30 days of demo trading,:

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