Odd / Annoying happenings while using PRT Platform

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Viewing 15 posts - 121 through 135 (of 224 total)
  • #195735

    Do you perhaps think THIS is the same ?!?
    If that hasn’t the same underlaying then I don’t know.

    But possibly this is not fair because this is ticks and I can imagine that this goes to the instrument we trade. At 1 second they look equal.

    #195739

    IG is its peaky behaviour

    Are you talking Forex here?  Spreads are flash widened often.

    My latest experience (see above) and comments are related to DJI which has very little (if any?) flash widening of spreads.

    I have the Bid-Ask Indicator on my charts all the time and I can see flash widening on Forex many times per hour, never ever see it on DJI.

    #195740

    THIS is the same

    No, there are lots of differences in bars … even at a quick cursory glance.

    Contract size on one is 1 Euro and the other is 100$ … maybe IG (IB?) manipulate prices more in the pit with the big boys! 🙂

    I’m so glad I can manual trade good else I think I might give up … due to all the bugs together with the time it takes to prove the bugs (to PRT etc) and the time it takes to get a consistently successful TS!

    Roll on v12 … all will be sorted with v12!!?? 😉

    1 user thanked author for this post.
    #195746

    Are you talking Forex here?  Spreads are flash widened often.
    My latest experience (see above) and comments are related to DJI which has very little (if any?) flash widening of spreads.

    The spreads of (all ??) indexes are fixed per IG’s web pages (but may have 3 different rates for periods of the day which are also set). Fx (which indeed is what I was talking about) will always have dynamic spreads, I’d say. For example, see below. (https://www.ig.com/nl/help-en-support/cfds/productvoorwaarden-en-kosten/wat-zijn-igs-indices-cfd-productvoorwaarden)

     

    #195752

    So I think we agree … Indices should be more price-aligned with the underlying than what Forex is?

    #195759

    I think so, Yes. But this brings me to the following :
    If IB can make their CFD’s for Forex 100% the same to the underlaying (at the tick level – when I ever back looked), then why would they do that ? –> With IB we don’t pay spread !
    So why wouldn’t they. IG just does what she likes to do like charging 2 points (Nasdaq example) outside regular trading hours and 1 point inside regular trading hours. Does this make really sense ? Maybe, maybe not so. Now Forex :

    They charge 0.6 or 0.9 (nothing in between) depending on what they like (but it will depend on volume) UNLESS it is more than 0.9 in reality, then you pay reality (which can be 15 !).
    eh … This speaks ? This kind of tells me that with either 0.6 or 0.9 they make all the money they like – with 0.6 they will also make money so with 0.9 they will make more money. Why ? well, because the underlaying is always the same (I’d say) and with IB (who uses the same underlaying) you pay commission which net is less (comes down to 0.4 for a fairly normal trader but can be much less). And how come that I think that IB also makes money ?
    So IG makes more money over your trades.

    Was this the subject ? maybe. IG can just do what she wants and IMHO this includes presenting a different price within the bandwidth they apply to the underlaying. And this bandwidth shows in the peaks of my screenshots. I can not prove this, but if I were them I would do this;
    Once you see this up-down-up-down happening with the underlaying next to it which is just a straight line (nothing happening anywhere), what would you think ?

    And GraHal, they just applied a more-smart upgrade but forgot to apply that to both SB and CFD (I did not say SB and CFD accounts because then you would explode instantly).

    What can’t be can’t be, right ? so if it “is” after all, at least one of them is not correct (me saying that both are not correct).
    Careful and disclaimer : you were talking about backtests which theoretically can use different and coincidentally “wrong” data. So I changed the subject somewhat for the worse. 🙂 🙂

     

     

    #195776

    they just applied a more-smart upgrade but forgot to apply that to both SB and CFD

    They being IG?  So does above maybe account for the difference I am seeing in results between SB and CFD backtesting on Demo?

    #195790

    I was kidding with that of course. But only if that would be so, you would notice something.
    And you noticed something. 😉

    #195845

    Hi,

    Following your conversation very interested, thanks for it. I would like to say/ask several things:

    • Grahal, sorry, I don´t have SB account so I can´t compare. By the way, can any person from any country open an SB account? From the two kinds (SB and CFD) what do you think is better?
    • I share your suspicions about IG, I have no proofs and didn´t even try to find them, but my common sense tells me that if they can do “whatever they like” about the prices, with limits (maybe), why wouldn´t use that in their own benefit sooner or later, with limits (maybe)
    • PeterSt, thanks for sharing your experiences, one question came to my mind… it seems you have more confidence in IB price quotes than IG´s, so then why do use use IG? And do you use automatic trading with IB? In that case how do you do it? because I don´t think is possible with PRT.

    Cheers

     

    #195848

    PeterSt, thanks for sharing your experiences, one question came to my mind… it seems you have more confidence in IB price quotes than IG´s, so then why do use use IG? And do you use automatic trading with IB? In that case how do you do it? because I don´t think is possible with PRT.

    The answer is in your question. 🙂
    I like to use Autotrading and with IB this is indeed not possible. And so I use IG for that.

    And if it seemed that I used Autotrading for IB …
    – We can normally Backtest with IB;
    – We have a Demo account with IB which allows for papertrading (like with IG).

    1 user thanked author for this post.
    #195850

    can any person from any country open an SB account? From the two kinds (SB and CFD) what do you think is better?

    Spreadbetting is a UK thing. I guess a non-UK resident cannot even see an option to open a SB Account?

    SB is better as there is no tax to pay on SB winnings, but then > 75% of us are losers anyway! 🙁

    SB is also easier to use as IG changes the price decimal point position on all available Contracts so that 1 point movement in price = £1.

    2 users thanked author for this post.
    #195854

    Following your conversation very interested, thanks for it.

    It’s heartwarming to know somebody (else) is reading my and Peter’s dissertations! 🙂

    #195855

    It’s heartwarming to know somebody (else) is reading my and Peter’s dissertations! 🙂

    I couldn’t agree more. And certainly after the bashing received in here some times. 🙁
    Against whom is this fight actually ?

    #195869

    I couldn’t agree more. And certainly after the bashing received in here some times. 🙁 Against whom is this fight actually ?

    The dark part of my mind often thinks that if so few people seem to care about the obvious problems with PRT-IG is because eventually many of them just give up after some loosing streak, most of the rest migrate to greener pastures or become part of the “system”. And then just a few of us keep trying to get something good of it.

    2 users thanked author for this post.
    #195874

    And the dark side of my mood just learnt that there is no-one from ProRealTime monitoring any board in PRC if it were about AutoTrading. Other general platform stuff Yes, but Autotrading No. That is, I called and was told this.
    Wow.
    So someone must have made up that the Platform Support board is monitored by PRT people (which might be true) but forgot to tell that this is all but about what we do in here (AutoTrading) . Anyway it consistent with what we notice of it.
    I heard someone in the back whisper “yea, and IG Technical Reports also don’t arrive here” (which is what we learnt already – they must be passed on by IG personnel).

    Eh, have a wonderful evening ?

     

Viewing 15 posts - 121 through 135 (of 224 total)

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