95% of the time fine???AMP's VPS for the US is in Chicago like they are. You will never see a faster time from a VPS in London trying to trade on CME vs in Chicago on CME. proximity.
I tried Axiomatic's MT5 and saw longer RTT than AMP's. Axio's MT5 also failed to trigger stop orders I had on the exchange, despite their platform (MT5) saying the orders were accepted and sitting there. They tried to blame my EA, which is impossible, because if an order is sitting on the exchange then it's on the exchange and will be triggered. They weren't - they were traded through.
TL;DR - we're stuck with AMP for MT5 use. It's fine 95% of the time. the other 5%, just have Quantower open and running as a backup. it's my plan going forward.
95% of the time fine???
It means that one day per month you need to rely on your backup?
I don't know, but I would look for another solution if it was happening to me.
95% of the time fine???
It means that one day per month you need to rely on your backup?
I don't know, but I would look for another solution if it was happening to me.
Went ahead and hired a developer to finish converting all of my scripts into QT for good. Unfortunately too much time spent / lost in dealing with MT5, so it was time to cut bait.
good news is, QT is stupidly fast and stable during all of this volatility. @hilmy83 ya might just want to do this after all. no reason to change from AMP and QT is a free swap minus your algorithm conversions. you'd also have the choice for Rithmic via a separate paid QT license.
not sure how popular QT is among freelancers. Your guy know a freelancer service like MQL for QT?
Confirmed, our MT5 servers are in Chicago for both AMP Futures (USA) and AMP Global (Europe) clients.
When trading the Exchange-Traded Futures, such as CME ES or NQ, we have a direct connection from our MT5 servers into the CQG order routing gateway. There is no known faster connection between MT5 and CQG order routing gateway.
Any variations in latency would be getting from your computer to our MT5 servers. Once your request hits our MT5 servers, it is processed super-fast!
Yes, you can run your MT5 on the built-in VPS service to get you closer to the AMP Chicago MT5 servers.
https://www.ampfutures.com/metatrader/trading-platform/vps
Let us know if you need any assistance.
If you are a non-US person, you can download our Special free MT5 demo here (where you can trade the REAL CME exchange-traded Futures, FX, CFDs, and Crypto-CFDs with our All-In-One MT5 Account): https://downloads.ampglobal.com/metatrader-5-mt5
For our US clients or prospective clients, here is the download to trade the REAL CME exchange-traded Futures: https://downloads.ampfutures.com/meta-trader-5-mt5
We will continue to answer any questions on this thread.
Happy Trading!
So I've ran MT5 live AMP account on 3 different platforms. MT5 (NY vps), MT5 (Chicago), and CQG desktop. This is a single bar comparison at 830a cst (13:30 MT5 time). Yellow cells indicate discrepancy between MT5 and CQG desktop price.
This confirms all the previous threads I have opened up about MT5 mispricing.
I have 2 days of data so far (10/24-10/25) and I'm already seeing discrepancies between MT5 pricing and CQG desktop. The funny thing is, both chicago and NY vps show the same exact price discrepancies.
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So @AMP_Global, can you comment on this. When i read that MT5 has direct connection to cqg/exchange server and I see this, all I think is false statement. It's obvious there's lag/latency issue here. You can confirm on your end and verify the prices I have up here and compare CQG/MT5 830a data.
@Ninja Mobile Trader VPS , can you comment on this too? I don't see this discrepancies in other platforms. MT5 is a very popular platform, but feels like they are not directly connected to the exchange.
I honestly CANNOT recommend MT5 for futures trading. This shows there is some serious inherent issue with MT5 connection regardless of vps location.
I'm working towards moving my algos away from MT5, but hopefully people can see what's going on. I will continue testing till this Friday