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  • #9,381
  • Aug 19, 2016 11:10am Aug 19, 2016 11:10am
Hi Jason,

Problem resolved now.

Thanks for your help.

RAAAMMY
  • #9,382
  • Aug 19, 2016 12:44pm Aug 19, 2016 12:44pm
Quoting raaammy
Hi Jason, Problem resolved now. Thanks for your help. RAAAMMY
It's my pleasure and thanks for the update! Have you already had a chance to close and reverse a trade using this method?
  • #9,383
  • Aug 19, 2016 12:46pm Aug 19, 2016 12:46pm
Hi Jason,

No, but I shall be using it on Monday.

All the best.

RAAAMMY
  • #9,384
  • Edited Aug 20, 2016 4:39pm Aug 19, 2016 4:43pm | Edited Aug 20, 2016 4:39pm
Quoting Jason Rogers
{quote} Perfect! That means you can disable hedging functionality on your spread betting account (it is enabled by default) by going to MyFXCM.com: Click on the MyFXCM button on your Trading Station In the browser window that opens, go to Account Settings Select Hedging Functionality and set to Disabled Then you can change your Trading Settings to either One-Click or Double-Click with preset Stop and Limit distances for your orders: Click on the Trading Settings button on your Trading Station Select One-Click or Double-Click mode Select your Order...
While the above is a solution, it is at this stage of commonly available advanced off-chart and on-chart Trading Panels, at best, clumsy.

Clumsy: awkwardly constructed; lacking physical coordination, skill, grace; awkward.

  1. the trader has to type in the reversal lots amount
  2. more typing = more opportunity for error.
  3. more typing errors = more trading losses.
  4. less typing = less trading losses due to typing error.
  5. lacks currently available advanced Reverse, Break Even and Close features.

Below are suggested pre-sets and additional function improvements consistent with available current developments.

  1. Below suggested improvement applicable to off-chart Advance Trading Rates.
  2. Below suggestion applicable to addition of on-chart Trading Panel (Trading Station applet/widget).

Notes:

  1. Clicking S1, S2, S3, S4 will change trading parameters to Set 1, Set 2, Set 3, Set4 respectively.
  2. Clicking SET or an appropriate icon will show or hide the SET window.
  3. S1 SL: 10.0 and S1 TP: 0.0 are represent of, in this case, Set 1 parameters but can be interactive to alter parameters outside the SET window.
  4. Attached Image
    Attached Image

TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #9,385
  • Edited 12:10pm Aug 20, 2016 11:48am | Edited 12:10pm
Hello Mr. Jason Rogers. You are doing a very good job explaining a lot of things about FXCM. They are my favourite broker, I find fxcodebase especially useful as well.
Since FXCM is listed on the NYSE I have checked the share price to see it look like an equity that never uses a stop loss, in January 2015. Digging deeper I have recently come across this news http://financefeeds.com/fxcm-strikes...lack-thursday/
I hope this poses no threat for the coming years for the broker as I really like Trading Station and Marketscope charts with their continuing improvements.

@Edit:
Also, https://www.leaprate.com/2016/06/fxc...n-big-trouble/ kind of explains it in further detail but your comments are of course appreciated
  • #9,386
  • Aug 22, 2016 11:25am Aug 22, 2016 11:25am
Quoting PoundPotamus
Hello Mr. Jason Rogers. You are doing a very good job explaining a lot of things about FXCM. They are my favourite broker, I find fxcodebase especially useful as well. Since FXCM is listed on the NYSE I have checked the share price to see it look like an equity that never uses a stop loss, in January 2015. Digging deeper I have recently come across this news http://financefeeds.com/fxcm-strikes...lack-thursday/ I hope this poses no threat for the coming years for the broker as I really like Trading...
Welcome to the forum, PP! I'm glad to know FXCM is your favorite broker.

In regards to our share price and the recent CFTC news, I'm not authorized to comment beyond citing our official statements. I refer to them in these two previous discussions which you might find helpful:

  1. http://www.forexfactory.com/showthre...01#post9075301
  2. http://www.forexfactory.com/showthre...13#post9093313

  • #9,387
  • Aug 22, 2016 1:20pm Aug 22, 2016 1:20pm
Quoting Phylo
{quote} While the above is a solution, it is at this stage of commonly available advanced off-chart and on-chart Trading Panels, at best, clumsy. Clumsy: awkwardly constructed; lacking physical coordination, skill, grace; awkward. the trader has to type in the reversal lots amount more typing = more opportunity for error. more typing errors = more trading losses. less typing = less trading losses due to typing error. lacks currently available advanced Reverse, Break Even and Close features. Below are suggested pre-sets and additional function improvements...
Good points, Phylo! Thanks for your feedback. I've shared it with our developers and will let you know if your suggestions are incorporated in a future update to Trading Station or a new app on FXCMapps.com
  • #9,388
  • Aug 22, 2016 9:52pm Aug 22, 2016 9:52pm
Jason, can you point me in the right direction? I feel like I'm looking for one specific clown fish in the Atlantic.
My strategy is very simple, there should be several EA's like this around but I'm not finding it. OR I could ask someone to write it for me. This would be for Marketscope.

This uses a 7 LWMA on the Day chart. When the price goes above the 7 LWMA, the trade waits until pullback to a faster EMA before entering. If price is above 7 LWMA, only buys are entered and below, only sells . Trades are entered at a touch of the faster EMA. Do you know of any strategies for Martketscope that fits that description?
I think it's the programing around the pullback that has me searching.
Any help is appreciated.
Rebecca
  • #9,389
  • Aug 23, 2016 12:34am Aug 23, 2016 12:34am
Quoting Jason Rogers
{quote} Hi Ockham, While we sold our Hong Kong entity to Rakuten last year, you are welcome to trade through one of our other globally-regulated entities as a resident of Thailand. Based on your location, you might want to consider FXCM Australia. You will benefit from 24-hour customer support from our staff worldwide via phone and live chat, and on weekdays, I am happy to answer your questions here on the forum.
Hi Jason, i followed your advice and contacted fxcm Australia for information, i emailed them at this adress "[email protected]", emailed them the 18th 9am, still no answer may be not all fxcm office have the same rapidity of response !

By the way i discovered than there is also an fxcm Malaysia, what about them according to my location ?
Cheers
There is no way to happiness , happiness is the way.
  • #9,390
  • Aug 23, 2016 6:10pm Aug 23, 2016 6:10pm
Quoting RebeccaH
Jason, can you point me in the right direction? I feel like I'm looking for one specific clown fish in the Atlantic. My strategy is very simple, there should be several EA's like this around but I'm not finding it.
Hi Rebecca,

While I'm not aware of an existing strategy that exactly fits what you described, you could try modifying the code for one of the moving average strategies already available for free on FxCodeBase: http://fxcodebase.com/code/viewforum.php?f=17

Quoting RebeccaH
OR I could ask someone to write it for me.
Our Programming Services department can do this. Someone from the team will follow up with you, if you submit a strategy quote form.
  • #9,391
  • Aug 23, 2016 6:19pm Aug 23, 2016 6:19pm
Quoting Ockham
{quote} Hi Jason, i followed your advice and contacted fxcm Australia for information, i emailed them at this adress "[email protected] ("[email protected]")", emailed them the 18th 9am, still no answer may be not all fxcm office have the same rapidity of response ! By the way i discovered than there is also an fxcm Malaysia, what about them according to my location ? Cheers
That's strange. We typically respond to emails within 1 business day. Please forward a copy of your email to me at jrogers AT fxcm DOT com and I will follow up with my colleagues in Australia regarding your questions.

Quoting Ockham
By the way i discovered than there is also an fxcm Malaysia, what about them according to my location ? Cheers
You mentioned previously that you live in Thailand, and I notice your forum profile says you live in Hong Kong. Where is your permanent residence?
  • #9,392
  • Aug 24, 2016 3:18pm Aug 24, 2016 3:18pm
Quoting Jason Rogers
In future posts, I willl provide you with more information on other new features available in the latest version of Trading Station Desktop.
With the recent Trading Station Desktop update, you can now draw arrows on your Marketscope charts.
(To update your platform to the latest version, go to "Help > Software Updates" from the menu bar.)

To create an arrow:

  1. Right-click on your chart.
  2. Select Add Tool from the pop-up menu.
  3. Select Arrow Up, Down, Left or Right.
  4. Customize your arrow color and other setings in the Properties window and click OK.
    Attached Image (click to enlarge)
    Click to Enlarge Name: p3p6TXl.png Size: 62 KB

  1. You can change the shape of an arrow by first left-clicking on it to select it, and then left-clicking and dragging on one of the 4 points that appears in the outline.
  2. You can modify or delete an arrow by right-clicking on it and selecting Change or Remove from the pop-up menu.


Please let me know if you have any questions or comments on the new features added to Trading Station Desktop.

Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

  • #9,393
  • Aug 24, 2016 3:47pm Aug 24, 2016 3:47pm
I wish the option to hide the toolbar of the chart would be added, and provide more space as a result (the one with symbol /timeframe / bid / ask / ruler, etc) You see, when you have many charts in one marketscope window it takes up space unnecessarily on each window and if you already have set up your charts and only need to observe, the toolbar can be hidden to provide more space. Especially useful with smaller monitors and multiple charts.

Also an option to trade micro lots (0.01) on Trading Station platform for mini accounts would be beneficial for high frequency scalpers.
Also the simulation mode doesn't work very well with many assets added (when I added EUR/USD, XAU/USD, NZD/JPY) the price would get messed up with too many decimal points etc. Actuall EUR/USD was unavailable since my account is denominated in GBP so EUR/GBP was added instead I guess)
Also a button to "pause / resume all running strategies"

Also I wish those arrows could also be used as signals instead of the ones from wingdings font hehe
  • #9,394
  • Aug 24, 2016 6:38pm Aug 24, 2016 6:38pm
Quoting Jason Rogers
{quote} With the recent Trading Station Desktop update, you can now draw arrows on your Marketscope charts. (To update your platform to the latest version, go to "Help > Software Updates" from the menu bar.) To create an arrow: Right-click on your chart. Select Add Tool from the pop-up menu. Select Arrow Up, Down, Left or Right. Customize your arrow color and other setings in the Properties window and click OK.{image} You can change the shape of an arrow by first left-clicking on it to select it, and then left-clicking and dragging on one of the...
I wish they would add the feature that when you try to close a position, the platform wouldn't freeze and crash making you lose money. But I guess that feature would not be profitable for FXCM, hence not likely to be implemented.
  • #9,395
  • Aug 24, 2016 10:30pm Aug 24, 2016 10:30pm
Hi Jason,

Does FXCM offer PAMM account for US market?
  • #9,396
  • Edited 2:34pm Aug 25, 2016 12:45pm | Edited 2:34pm
Quoting aarontdang
Hi Jason, Does FXCM offer PAMM account for US market?
Hi Aaron,

Regarding managed account types, I can't tell you the exact options available to you. It would be best for you speak with one of my colleagues who specializes in working with asset managers. Our webpage has more information along with a form if you would like to receive a follow up.
  • #9,397
  • Aug 25, 2016 2:32pm Aug 25, 2016 2:32pm
Quoting PoundPotamus
I wish the option to hide the toolbar of the chart would be added, and provide more space as a result (the one with symbol /timeframe / bid / ask / ruler, etc) You see, when you have many charts in one marketscope window it takes up space unnecessarily on each window and if you already have set up your charts and only need to observe, the toolbar can be hidden to provide more space. Especially useful with smaller monitors and multiple charts. Also an option to trade micro lots (0.01) on Trading Station platform for mini accounts would be beneficial...
Thanks for your feedback, PP

I shared it with our developers, and they told me the following:

Quote
You are able to place stops and limits on simulation mode. There is a slight difference in the way its shown by Maintenance type:
- FIFO: Will be seen as entry order on orders window.
- Non FIFO: Will be seen as a stop order placed directly on the opened trade.

Let us know if any more questions come up and keep the feedback coming!

By "Maintenance type" my colleague is referring to whether your trading account is set up to comply with US regulations regarding first-in, first-out (FIFO) order execution.

Your forum profile mentions you live in the UK, so your account would be set up with a non-FIFO maintenance type. That means you should be able to see stops and limits placed directly on your open trades whether in real time or simulation mode. If you have a demo account and cannot see this, it's possible you set up an FXCM US demo. If so, you can click here to set up an FXCM UK demo account.

Our developers are still looking into your other comments. Thanks again!
  • #9,398
  • Aug 26, 2016 7:54am Aug 26, 2016 7:54am
Quoting PoundPotamus
... Also an option to trade micro lots (0.01) on Trading Station platform for mini accounts ......
Amount 1 on Trading Station = 1,000 currency units = 0.01 lot = 1 micro lot.
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #9,399
  • Aug 26, 2016 2:11pm Aug 26, 2016 2:11pm
Hello,Jason! When I will be able to trade on mirror trader platform? Open new account resently but was told that it's on hold temporary.Great platform...really like it.Do you know what is going on with this platform?
  • #9,400
  • Aug 26, 2016 3:09pm Aug 26, 2016 3:09pm
Does anybody know what is the worse outcome from the CFTC investigation that was announced just recently?
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