The purpose of this sub-forum

Discuss potential trading platforms to replace Empty4.
Post your assessments of alternatives that you have tried.
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SteveHopwood
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The purpose of this sub-forum

Post by SteveHopwood »

It has emerged recently that Metaquotes have started throwing their weight around like bullies in the school playground. 6y588's thread about switching to CrapT5 has unearthed a lot of resentment.

To noobs, this may all seem a little strange. Empty4 has become widely known here as Empty4. The list of what it is unable to do is endless. The list of what it does badly is endless. It is utter rubbish. So, why does nearly everyone use it? Because:
  • it is free.
  • brokers provide it as our first platform, so we imagine that is because it is the best available and inexperienced traders investigate no further.
  • we are hooked into it after a while because of the huge body of custom-coded software in the form of EA's, indicators and scripts.
Metaquotes' behaviour has been shocking of late and members are starting to become concerned that the company may turn its attention to seriously damaging our ability to trade at all.

This sub-forum invites members to discuss the issues and to present possible alternatives. Feel free to start your own threads containing evaluations of alternative platforms you have tried.

As I see it, there are two mahoosive hurdles to migrating to a new platform:
  • Jem tells me it is not a simple matter of loading a platform, feeding it our account details and off we go. He can explain this properly.
  • our huge investment in terms of time and testing, of all the software we now take for granted. I find it difficult to accept that there were the Dark Days pre-mptm. :lol: Bit difficult to trade Bob's 10.5 without CSS. We would need a platform that allow us to port this stuff across with minimum adaptation. I may not even be able to find the wrong moon here, let alone bark at it. :lol:
mop sent me a link in response to my first heads-up about this - thanks mop. By coincidence and over a different matter, the site owner has been in touch over the last couple of days, so I will pick his brains first and post the link here if it looks promising.

No idea where this is heading; all we can do is explore the alternatives and take things from there.

:D
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.

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My special thanks to Thomas (tomele) for all the incredible work he does here.
FreddyFX
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Re: The purpose of this sub-forum

Post by FreddyFX »

I expect with many that this has our attention to the fullest !!!
Trading forex is easy, making money is simple.
It is the mental part that is difficult.
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SteveHopwood
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Re: The purpose of this sub-forum

Post by SteveHopwood »

One for the programmers, to gauge potential interest. http://www.stevehopwoodforex.com/phpBB3 ... =15&t=2430

:D
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Thomas (tomele) for all the incredible work he does here.
Aimak
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Location: Madrid

Re: The purpose of this sub-forum

Post by Aimak »

Certainly we have become too dependent from MetaQriminal.

I believe that an alternative trading platform should be in java because any custom software developed for it should be usable in any other java platform.

Myself I have tried a Jforex demo and found it very nice to work with.
astral77
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Location: London

Re: The purpose of this sub-forum

Post by astral77 »

Hi

Oh, those bloody criminals, they are accusing others of infringing their intellectual property. Very cheeky since they have borrowed bits and pieces from others!

I have been using Ninjatrader for couple of years for EOD analysis of LSE stocks and shares. Some Crims such as fxcm offer it free of charge others such as gain offer it but you have to purchase the full version.

Ninja offers automated trading plus a lot of indicators such as RSI, TMA, etc, however, I am not sure how easy it is to convert the custom inidactors such as CSS.

If anyone is interested the following maybe of some use: http://www.ninjatrader.com/support/foru ... hp?t=18256

Kind regards
roger-write
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Re: The purpose of this sub-forum

Post by roger-write »

I've said for some time now that automated forex trading is still in the dark ages. Well, at least the wild-wild-west stage. Not sure there are any easy answers, but I'll be following this thread with interest.
FXnu
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Re: The purpose of this sub-forum

Post by FXnu »

CTrader is a reasonable platform, widely available across brokers for free - not like ninjatrader. They will convert mq4 EAs and indicators for free - send them a mail: enange@ctrader.com

web: http://www.spotware.com/products/client ... ions/calgo
AnotherBrian

Re: The purpose of this sub-forum

Post by AnotherBrian »

FXnu wrote:CTrader is a reasonable platform, widely available across brokers for free - not like ninjatrader. They will convert mq4 EAs and indicators for free - send them a mail: enange@ctrader.com

web: http://www.spotware.com/products/client ... ions/calgo
If they will indeed do this, they will soon be flooded with requests! Perhaps this would be a good evaluation step, would be good to know how well the conversion process turns out. Any idea if this is a manual or automated process? either way, code conversion isn't an easy task.

enange@ctrader.com
That email bounced when I tried it.
Last edited by AnotherBrian on Tue Jun 04, 2013 7:24 pm, edited 1 time in total.
fxprotrader
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Re: The purpose of this sub-forum

Post by fxprotrader »

Being a US resident I have limited choices. So I've decided to open an account at TradeStation and for Forex trading there is no monthly service charge just pay the Spread.
So far the only drawback to it is they don't pass out demo accounts like we're used to in Empty4. As I understand it they will set up one account for you and then you can login to either trade Live or trade Demo but not both simultaneously at least not from the same computer.
If somebody here knows a way around this I would love to hear about it.
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snailbeard
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Re: The purpose of this sub-forum

Post by snailbeard »

fxprotrader wrote:Being a US resident I have limited choices. So I've decided to open an account at TradeStation and for Forex trading there is no monthly service charge just pay the Spread.
So far the only drawback to it is they don't pass out demo accounts like we're used to in Empty4. As I understand it they will set up one account for you and then you can login to either trade Live or trade Demo but not both simultaneously at least not from the same computer.
If somebody here knows a way around this I would love to hear about it.
I would need a big flashing light in the LIVE account to remind me that I'm not playing in the demo :D

I never run my demo and live accounts from the same broker on the same PC - because I just know what I'm likely to do if I did :oops:
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