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What kind of functionality do you provide (in MT5 or otherwise) for automatically detecting order routing going offline? Or is it up to me to implement this functionality to the trading logic, viz. https://www.mql5.com/en/docs/integration/python_metatrader5/mt5ordersend_py Yes, this happens...

I don't need low latency, my trading is at 30-60 min resolution, but still intraday. I have had the impression that Metatrader is a bit "amateurish", in the sense of bucket shop cfd operators, but in my testing so far it seems to be sufficient. Yeah, why not, thanks for the suggestion. I...

Yes, I'm familiar with the procedure (in principle). I went through a local super computer cluster code validation exercise a couple of years ago; they wanted to verify the scalability of my code in parallel computing. This CQG/Rithmic API road is then definitely an overkill in my case, but I...

Just considering alternatives, that's all. And yes, that would be my intention, because of simplicity of the Python interface and robust connectivity (in demo). Though I'd still rather not say I "want" to use it. But AMP seems to offer access to the CQG API directly. That would leave MT5 out...

Isn't Rithmic built on .NET? I think at least RTrader is, not sure about the API. That would present a problem on a Linux server. Mono really is not up to it.

I should add that their snapshot data feed seems to be quite robust in crash-like events. (Funny thing - back in 2008 I had a desktop PC with a processor cooling fan that was very noisy on high cpu load. During the Lehman bellyup days, you could literally *hear* the market gathering speed by...

Out of curiosity - how did you learn about these problems? Through your own messaging code implementation or AMP sending you status reports to email?

Thanks @Millionaire and @fan27. While intraday, I still only do relatively low frequency stuff, so being "available" is not an issue per se. But then again, I don't need scanners, option chains, tens of simultaneous market data streams, depth, complex orders (updated frequently), etc. So...

TLDR: Looking for real user experiences using the AMP / MetaTrader 5 setup for automated intraday futures trading; stability, delays, execution etc. -- I have been a happy IB customer for almost 15 years, and am gradually automating my "higher frequency" trading. Thus far this has involved...

Out of topic, but FYI: https://www.bloomberg.com/news/articles/2017-09-06/nordea-to-move-its-hq-to-finland-adding-giant-bank-to-euro-zone These are serious players, but as concerns the general theme of your remark, I agree. Z

It is somewhat amusing that many of the OECD Better Life Index top 10 countries (http://www.oecdbetterlifeindex.org/) would be considered socialist by US standards. Capitalism is the ideal system for trade. But beyond that -- I don't know.

Thanks for the replies, everyone. WeToddDid2, the Robinhood concept is an interesting one, but their "commission-free" scheme seems to refer to trading from mobile devices only. While it might be good for EOD trading, I'd prefer not try it intraday when setups and triggers may present...

For a number of years now I have traded ETFs using a self-developed trend/reversal strategy on the daily and weekly time frames. While I make no claims about stellar gains, from extensive testing I know that the system is profitable and also proven to be robust to varying market conditions by...

Ok, I see; I rarely use fixed targets myself. So then an increase in volatility should only be seen in the variance of your returns...

Sure, like I said, this kind of subjective probability weighting is more advanced stuff, and works no doubt. But my point is that you cannot do that unless you can differentiate between two instances of the same setup (say Ross hook in a range vs. in a good trend), and that's not possible when...

While I do not disagree with the general message contained within this suggestion at all (i.e. do not spend more money on trading tuition than is absolutely necessary), in my opinion there is one fundamental flaw in it: It is very difficult to build statistical evidence on the positiveness of a...

Thank you for your feedback, gentlemen, and again, apologies for misusing the terminology. I am just accustomed to using expected per-trade outcome as THE measure of system performance as it directly relates to the assumed risk. JH: My 0.2 is the expected (net) trade outcome relative to the...

So should I ignore this post? I have nothing to prove. And I am not interested in the specifics of your - or anyone else's - strategy/strategies. What I am interested in is evaluating how much there is to improve in my own methodology, given my time frame. This should be interesting...

Yes. The process started in early 2012, as I wanted to find out the roots of my performance (or lack thereof). While this work has been tedious, it has also been quite revealing in terms of finding out the "normal" temporal fluctuation in the trade outcomes.

You're right about the terminology; I was being careless in the initial post. What is your typical trade duration?