random12345
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Thought I'd post my experiences of the release variant of 8.5 this week to save other people trouble:
- I didn't experience a single data freeze this week, but it doesn't mean they fixed this problem, I'd still restart every night if money is important to you. However I don't trust this new shutdown strategy resumption feature... it didn't seem right on mine (the strategy re-opened thinking it was flat and zero, when it wasn't). I will still personally use the manual strategy position set when activating auto. MC has always been crap when it comes to advanced auto trading features - I always assume it has it wrong if a shutdown has ever occurred.
- They have changed 1 ct to a micro ct with the LMAX plugin, which is good since occasionally I would get a fill on my exit for most of my position except a few micro lots and MC 8 was unable to cope with this, leaving the pitiful remainder of the position open and messing up the trading report.
- Again, the bloody pt resolution has changed for certain pairs, likely due to the support of micros. EURUSD, EURJPY and USDJPY have all dropped by a decimal point so 70 pts on the EURUSD now = 7 on a MC profit target amount. I failed to alter the EU for my trailing stop this week and I drew down as a result since it was looking for a floor activation 10 times higher than it should have been and since it was a ranging market until Thursday, I dumped plenty of cash. Normally happens in some form or another with an upgrade.
- The trailing stop, for me, is completely borked for optimization. It works fine on live and strategy performance, but not at all on optimization. It gives very strange results. I have informed support as this is a big deal for many of us.
- The feed is a bit smoother with this variant through LMAX, but far from perfect (annoyingly still not as smooth as the prorealtime/IT-Finance skin they have) - so I still advise use of broker side stop orders for position entry. Though I would always advise those...
- Optimization seems a tad faster. Not much though...
- They have improved the commission on backtesting meaning you don't have to derive an average value on the average notional for your data set any more if your broker charges basis pts on the underlying - VERY helpful.
- I'm yet to use all the Delta volume malarky stuff.
- I believe they have improved Renko so that the backtest formation is true to live this time round (it was always a little off), I'm yet to test this though as I don't use Renko any more.
- I didn't experience a single data freeze this week, but it doesn't mean they fixed this problem, I'd still restart every night if money is important to you. However I don't trust this new shutdown strategy resumption feature... it didn't seem right on mine (the strategy re-opened thinking it was flat and zero, when it wasn't). I will still personally use the manual strategy position set when activating auto. MC has always been crap when it comes to advanced auto trading features - I always assume it has it wrong if a shutdown has ever occurred.
- They have changed 1 ct to a micro ct with the LMAX plugin, which is good since occasionally I would get a fill on my exit for most of my position except a few micro lots and MC 8 was unable to cope with this, leaving the pitiful remainder of the position open and messing up the trading report.
- Again, the bloody pt resolution has changed for certain pairs, likely due to the support of micros. EURUSD, EURJPY and USDJPY have all dropped by a decimal point so 70 pts on the EURUSD now = 7 on a MC profit target amount. I failed to alter the EU for my trailing stop this week and I drew down as a result since it was looking for a floor activation 10 times higher than it should have been and since it was a ranging market until Thursday, I dumped plenty of cash. Normally happens in some form or another with an upgrade.
- The trailing stop, for me, is completely borked for optimization. It works fine on live and strategy performance, but not at all on optimization. It gives very strange results. I have informed support as this is a big deal for many of us.
- The feed is a bit smoother with this variant through LMAX, but far from perfect (annoyingly still not as smooth as the prorealtime/IT-Finance skin they have) - so I still advise use of broker side stop orders for position entry. Though I would always advise those...
- Optimization seems a tad faster. Not much though...
- They have improved the commission on backtesting meaning you don't have to derive an average value on the average notional for your data set any more if your broker charges basis pts on the underlying - VERY helpful.
- I'm yet to use all the Delta volume malarky stuff.
- I believe they have improved Renko so that the backtest formation is true to live this time round (it was always a little off), I'm yet to test this though as I don't use Renko any more.
- just as we were singing LMAX's praises, they seem to have technical difficulties right now and have missed their own 17:05 NY 'open' and have even taken the website interface down - I was tempted to heavily short the Euro on Friday night on the basis that at best the Italy news would be poor from the conference, the Cyprus news would have been the icing on the cake. Lucky for me I didn't as I'd be incredibly annoyed if I couldn't see live market data right now given what I read about the pre-market...