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  • #2,701
  • Mar 27, 2012 3:28am Mar 27, 2012 3:28am
Quoting Turveyd
You realise Tick data is merely the amount of times the price changes, ie a tick it's not related to actual volume at all and IMHO pretty much worthless, sadly there is no real volume on Forex without an ECN broker maybe.

It is up to me for my trading to decide if it is worthless or not to use volume or tick volume...I am expecting from broker to provide accurate data which is in this case volume /tick volume...

I do not ask you or anyone else including FXCM or any other broker to advice me on that subject...However I do expect in this particular case FXCM to provide accurate data....It is up to me what I am going to do with that.

So Jason respond why FXCM manipulates with volume/tick volume??
The Market pays you to be disciplined
  • #2,702
  • Mar 27, 2012 12:33pm Mar 27, 2012 12:33pm
Quoting mima
So Jason respond why FXCM manipulates with volume/tick volume??
Hi mima,

I'm happy to help with any questions you have, but there's no need for baseless accusations.

I don’t know how you are comparing the Dow Jones FXCM US Dollar Index (USDOLLAR) basket to other brokers since this product is a unique offering from FXCM and not offered by anyone else. The index basket is comprised of an equal weighting of the EUR, GBP, JPY, and AUD against the USD.

If you're question is about the difference in tick volume prior to October 2011 compared to post October 2011, there is a difference because the prior data is 3rd party data. Starting in October 2011, it now counts every tick of the USDOLLAR index basket.

Questions posted on the forum are not always the clearest, and I still don't know whether that is what you were looking. So please try to be as detailed as possible in the future when posting a question which will probably save us both the frustration of having to go back and forth multiple times to get what you are looking for .

Jason
  • #2,703
  • Edited 12:46pm Mar 27, 2012 12:45pm | Edited 12:46pm
Quoting FXMindset
Hello Jason

Thanks for the replied,I love FXM Mt4 especially the 4H candle @ 00.00 GMT as the signal more clear

Btw,regarding the daily candle..may you pointed me at what time In Hongkong every new daily candle change ?


Thanks
Sure, the daily candle will begin at 5:00am Hong Kong time if using the Trading Station platform, and 8:00am Hong Kong time if using the MT4 platform.

Jason
  • #2,704
  • Mar 27, 2012 5:30pm Mar 27, 2012 5:30pm
Quoting Jason Rogers
Hi mima,

I'm happy to help with any questions you have, but there's no need for baseless accusations.

I don’t know how you are comparing the Dow Jones FXCM US Dollar Index (USDOLLAR) basket to other brokers since this product is a unique offering from FXCM and not offered by anyone else....
Again misinterpretation: I did not compare USDOLLAR itself to other brokers...In essence subject is volume/tick volume...USDOLLAR was used only as clear example and FXCM doesnt have good volume for other pairs as well on higher time frames specifically such as D, W and MN timeframes...Examples for other pairs are USDCHF on MN, EURGBP on MN, AUDUSD on MN...etc...

As an example of good brokers are Windsor Direct which provides good volume data with no exception on any pair any time frame... they have USDX...etc...Another relaiable Broker is PFGBest, then IBFX...

I compare their volume to esignal volume as a reference...Based on that I can say confidentialy that those brokers provide good volume on currency pairs...

My question to you was why is not that case with FXCM...How many banks FXCM use to provide data: spcificialy volume and make it available for retail traders...without any modification ....?
The Market pays you to be disciplined
  • #2,705
  • Mar 28, 2012 2:44pm Mar 28, 2012 2:44pm
Quoting mima
Again misinterpretation: I did not compare USDOLLAR itself to other brokers...In essence subject is volume/tick volume...USDOLLAR was used only as clear example and FXCM doesnt have good volume for other pairs as well on higher time frames specifically such as D, W and MN timeframes...Examples for other pairs are USDCHF on MN, EURGBP on MN, AUDUSD on MN...etc...

As an example of good brokers are Windsor Direct which provides good volume data with no exception on any pair any time frame... they have USDX...etc...Another relaiable Broker is PFGBest,...

mima,

The USDOLLAR product is only traded at FXCM so I don't see how you can compare it against other brokers or products including USDX since the composition is different.

Tick volume can and most likely will be different from broker to broker as will pricing since there is no centralized exchange through which pricing occurs. There are 10+ liquidity providers streaming prices to FXCM and the best bid/ask spread appears on the platform plus pip mark-up. The tick volume on the charts will display the tick volume as a new tick occurs with pricing on the platform.

Jason
  • #2,706
  • Edited 12:42am Mar 29, 2012 12:25am | Edited 12:42am
Quoting Jason Rogers
mima,

The USDOLLAR product is only traded at FXCM so I don't see how you can compare it against other brokers or products including USDX since the composition is different.

Tick volume can and most likely will be different from broker to broker as will pricing since there is no centralized exchange through which pricing occurs. There are 10+ liquidity providers streaming prices to FXCM and the best bid/ask spread appears on the platform plus pip mark-up. The tick volume on the charts will display the tick volume as a new tick occurs with pricing...
Your respond regarding volume is pure confirmation that FXCM manipulates and avoid to provide accurate volume...In several posts you misinterpreted my questions and statements...So continue to talk about moving averages and RSI etc....that what mass wants...

I trade based on volume so I will chose broker that has closest volume to volume provided by esignal...Manipulator FXCM is out of consideration for good....For those who use MA and oscilators for trading doesnt matter who is broker...

Volume reflects investors/traders activity and that is why volume is most valuable information...manipulating with volume is directly manipulating with trading. Broker who manipulates volume manipulates everything else...
The Market pays you to be disciplined
  • #2,707
  • Mar 29, 2012 9:46am Mar 29, 2012 9:46am
Quoting mima
Your respond regarding volume is pure confirmation that FXCM manipulates and avoid to provide accurate volume...In several posts you misinterpreted my questions and statements...So continue to talk about moving averages and RSI etc....that what mass wants...

I trade based on volume so I will chose broker that has closest volume to volume provided by esignal...Manipulator FXCM is out of consideration for good....For those who use MA and oscilators for trading doesnt matter who is broker...

Volume reflects investors/traders activity and that...
Again, you asked about USDOLLAR volume, and I explained in the previous post why tick volume before October 2011 will differ from tick volume after October 2011 on the USDOLLAR product. Second, ESignal does not have the Dow Jones FXCM US Dollar Index basket (USDOLLAR) and neither does any other broker since it is unique to FXCM. The tick volume on FXCM's charts reflects the tick volume updates from the Dow Jones FXCM US Dollar Index basket.

I'm sorry the conversation has come to this, but I've answered the only specific question you have asked where you have actually provided information (and I was the one that posted the chart for you ). Posts on the forum such as X broker manipulates tick volume/prices, X broker is a scam, X broker stole my money...are often traps for endless arguments where the person making the claim hasn't even provided proof or is ignoring the answer. I sincerely wish you all the best with your trading, and this will be my last reply to you. If in the future you have specific questions, I can be reached directly at [email protected].

Jason
  • #2,708
  • Mar 30, 2012 2:03pm Mar 30, 2012 2:03pm
Hey Jason,

Could you tell me if there are any plans to introduce Renko charts in Trading Station? It would really help me, not having to keep two different platforms open at the same time.

Thanks
  • #2,709
  • Mar 30, 2012 2:24pm Mar 30, 2012 2:24pm
Quoting mordre
Hey Jason,

Could you tell me if there are any plans to introduce Renko charts in Trading Station? It would really help me, not having to keep two different platforms open at the same time.

Thanks
Hi! Try this indicator
I found it on this page www.fxcodebase.com/
lots of goodies there
Attached File(s)
File Type: rar Renko2.rar   < 1 KB | 406 downloads
Bulls are stupid Animals!especially when Im short!
  • #2,710
  • Mar 30, 2012 3:00pm Mar 30, 2012 3:00pm
Thanks roughtrader, but still, an integrated option that shows wicks and adjusts the time axis would be much better.
  • #2,711
  • Mar 30, 2012 3:36pm Mar 30, 2012 3:36pm
Quoting mordre
Thanks roughtrader, but still, an integrated option that shows wicks and adjusts the time axis would be much better.
OK, but Renko does not show wicks, maybe you mean Range bars?
they can be shown as either bars or candles
http://www.linnsoft.com/tutorials/periodicities.htm
Bulls are stupid Animals!especially when Im short!
  • #2,712
  • Mar 31, 2012 5:34am Mar 31, 2012 5:34am
Range bars is something else, I am asking for Renko charts and they can have wicks.

Still waiting for Jason's answer...
  • #2,713
  • Apr 3, 2012 12:17am Apr 3, 2012 12:17am
Hi Jason,

It was great to see an update to the FXCM iPad app this morning.
The inclusion of indicators make it useable now and as I'm not in front of my pc today, I will be using my iPad to place a couple of trades to see how it goes.

Looking forward to the next update.
  • #2,714
  • Apr 3, 2012 7:18am Apr 3, 2012 7:18am
I am having problems connecting to the fxcm trading station 2 it takes along time and seems to be getting hung up. It says that it is not responding. Is anyboby else having this problem, it's been going on for the last couple of days.
  • #2,715
  • Apr 3, 2012 9:30am Apr 3, 2012 9:30am
Quoting mordre
Range bars is something else, I am asking for Renko charts and they can have wicks.

Still waiting for Jason's answer...
Hi Mordre,

As far as integrating Renko charts as one of the default options on the Trading Station, that’s a great suggestion and I’ll mention it to our developers as a potential future platform update.

The best option for now would be to use the custom indicator that Roughtrader provided (thanks ) from the FXCodeBase website. If you would like to see any changes to the indicator, let the developers on FXCodeBase know, and they may be able to customize it for you for free.

Jason
  • #2,716
  • Apr 3, 2012 9:47am Apr 3, 2012 9:47am
Quoting Checkz
I am having problems connecting to the fxcm trading station 2 it takes along time and seems to be getting hung up. It says that it is not responding. Is anyboby else having this problem, it's been going on for the last couple of days.
Hi Checkz,

I checked on our end, and we haven’t had any reported connection issues. Can you contact support via live chat or phone, so our techs can help in real-time to investigate the issue? They will get you connected to the Trading Station as quickly as possible.

Jason
  • #2,717
  • Apr 3, 2012 3:30pm Apr 3, 2012 3:30pm
Quoting fosking
Hi Jason,

It was great to see an update to the FXCM iPad app this morning.
The inclusion of indicators make it useable now and as I'm not in front of my pc today, I will be using my iPad to place a couple of trades to see how it goes.

Looking forward to the next update.
Good to hear! This should make the iPad platform much easier to use, and we'll continue to add new features. Let me know if any issues come up.
  • #2,718
  • Apr 3, 2012 4:39pm Apr 3, 2012 4:39pm
Please take note of changes to the following CFD trading hours for Good Friday and Easter. There is no change to forex trading hours, but forex trades will be affected by holiday rollover this week.

For example, on Wednesday, April 4th there will be up to 5 days worth of rollover interest that you could earn or pay on some currency pairs. For details look at the rollover calendar.

http://img822.imageshack.us/img822/1...rs20120403.jpg
  • #2,719
  • Apr 13, 2012 9:45am Apr 13, 2012 9:45am
Quoting Jason Rogers
Coming Soon...Forex Trading Apps

Hi everyone,

A few weeks ago, I mentioned the FXCM App Store was coming soon. Well it is finally here!

The app store launched this week, and it is starting out with around 40 apps for MT4 including scripts, EA’s, and stand-alone apps. This is just the beginning, and we plan to release more apps in the coming months for MT4, Trading Station, and possibly other platforms.

Below are 3 apps you can test for free, and there are more on the website. If you have suggestions for additional apps, please do let me know, and I will ask the programming services team if they can be added to the website.


DailyFX PLUS Trading Signals—Breakout2 (Expert Advisor)

Those of you that use DailyFX PLUS will likely have heard of Breakout2. You can now automate the strategy to run on MT4 rather than having to visit the website to check for updates and then manually place trades on your platform.

Breakout 2 is one of the six strategies in the “classic” DailyFX signals. It’s designed to perform best in market conditions where price is likely to move through an identified support or resistance level. When this happens, trading volume and price volatility often increase. Breakout2 attempts to capitalize on these increases by recommending to buy or sell in the direction of the breakout. We will likely release more of the DailyFX PLUS strategies for MT4 automation, so stay tuned.

Click here to download Breakout 2 for the FXCM MetaTrader 4 platform




Trend Identifier (Indicator)

This indicator is pretty self-explanatory, and it incorporates the Aroon indicator for trend identification. The indicator displays two lines: “Aroon up,” which measures the strength of the uptrend, and “Aroon down,” which measures the strength of the downtrend. Both lines fluctuate between values of zero and 100, with values near zero representing a weak trend and values near 100 representing a strong trend.

http://www.fxcmapps.com/wp-content/u..._Indicator.jpg

Click here to download Trend Identifier for FXCM MT4




Quick Buy (Script)

This app lets you open trades on MT4 in one click similar to how one-click trading works on the Trading Station desktop platform. You can even pre-set your stop-loss and take-profit levels.

Click here to download Quick Buy for FXCM MT4




All of these apps can be used on FXCM’s MetaTrader 4 platform, so if you’re using our MT4, enjoy! If not, you can register for an FXCM MT4 demo. And again, let me know, if you have suggestions for new EA’s, scripts, etc. Stay tuned for an app that will let you automatically share your trades with your friends on facebook and twitter.


Jason
  • #2,720
  • Apr 13, 2012 3:05pm Apr 13, 2012 3:05pm
Hi everyone,

Those of you who have an MT4 demo with FXCM will be getting an email about this, but I wanted to give everyone on the forum a heads up.

Due to a server upgrade this weekend, all current MT4 demos on the FXCM MT4 platform will expire this coming Sunday, April 15th. Past trading history of those demos will not be saved. Please take appropriate measures to save any necessary data. You can create a new demo after April 15th.

Why is this necessary? FXCM recently rebuilt the backend of our MT4 platform from the ground up. Now our No Dealing Desk forex execution is seamlessly integrated and auto syncs have been eliminated. We have also integrated functionality for MT4 accounts to work with the MT4 mobile and Trading Station mobile platforms. In order or put through the ability for demos to login to Trading Station and the mobile apps, the old demos have to go unfortunately.

I know that this is an inconvenience for everyone using a current MT4 demo with us, but I hope you will like all the new changes that will come with the new demos.

Jason
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