how to view tick data?!

May 03, 2013 at 17:31
Vues 967
14 Replies
Membre depuis Jun 26, 2012   posts 192
May 03, 2013 at 17:31
am scalping the news in extremely high volatility market... i think my broker is playing some dirty games with me...
u know slippage... ignoring trail stop n stuff...

there's no way to audit my orders in that situation, but only by viewing tick data...

anybody knows how to perform that?!

thanks
Membre depuis Nov 21, 2011   posts 1718
May 03, 2013 at 18:53
Hi,

Rates only depends on your specific broker and liquidity that he can provide.

You have to ask them to provide you their dict data.

Also if you use EA for your Trailing stop, look at expert tab to check what's wrong if it doesn't update your SL correctly.
Membre depuis Jun 26, 2012   posts 192
May 04, 2013 at 14:18
in case if he refused to send me his tick data....

dont u think the strategy tester, when u set it by tick option, can give u a good idea about his tick data?!

am i right in that ppl?!!
Membre depuis Nov 21, 2011   posts 1718
May 04, 2013 at 16:55
They will provide you only if they do archive tick data. I do not know if it's an obligation for brokers.

Also standart Strategy Tester has a poor modeling tick data.

In order to reach 99% quality modeling while running tick data it's to do this way.
https://eareview.net/tick-data

But the thing is you will have to upload tick data provided by some Brokers which doesn't correrspond 100% to yours.

Strategy tester 1M tick data iis sufficient if you check higher than 10 pips in TP or Trailling stop.
Membre depuis Jun 26, 2012   posts 192
May 04, 2013 at 22:10
hmmm

first of all... i really appreciate ur help.

at strategy tester ( tick data) at my broker terminal. i saw the price reaching my sl level, am not sure if this sufficient to let the sl triggered n not jumping by a huge gap, as my broker claiming.

second thing i didnt see any gap in this case, while when u had a gap, normally u can see it in 1 min chart!

3rd thing is my broker sent me a chart of tick data from the liquidity provider, it showing a big gap ok, am not sure if they can manipulate that, n every candle means 1 second there, is it?! i mean is the tick data means 1 second time frame?!
 
Membre depuis Nov 21, 2011   posts 1718
May 04, 2013 at 23:24
What pair are you talking about? what time? what day? what was the opened price? and SL level?

I do not think that your broker is manipulating tick data to show he's right.

Tick data is tick data... meaning that you could get 3 ticks data or more in 1 second if market is volatile or 20 ticks in one minute if market is quiet.

If it happens once, you must trust your broker has gap could go behind your sl and that sucks.
Membre depuis Aug 21, 2012   posts 47
May 05, 2013 at 06:47
I can provide you with an EA that logs tick data if that helps. Of course that only shows you what you got from your broker, not what is happening on your broker's end.
Membre depuis Mar 28, 2011   posts 86
May 05, 2013 at 07:27
Are you trading with a retail Market Maker?
Being Bearish or Bullish Makes No Difference
Membre depuis Jun 26, 2012   posts 192
May 05, 2013 at 11:57
beren posted:
I can provide you with an EA that logs tick data if that helps. Of course that only shows you what you got from your broker, not what is happening on your broker's end.

hello beren,

sure i would like to have that EA , at least if he didnt do any manipulation back office i can say my trade worked normally according to his tick data...

thanks
Membre depuis Jun 26, 2012   posts 192
May 05, 2013 at 11:58
petays posted:
Are you trading with a retail Market Maker?

it should be a STP broker
Membre depuis Mar 28, 2011   posts 86
May 05, 2013 at 14:13
Bisho777 posted:
it should be a STP broker

When you press F9 in MT4 do you get 'Instant Execution' or 'Market Execution' dialog.
'Instant Execution' means that you are dealing with (retail) Market Maker.
'Market Execution' can mean anything unless you trust your provider and know exactly how they match your orders.

There are all kind of brokers and they can claim what ever they like and route your trades as they want.
Only 'TRUE ECN' brokers will route your trade straight to their liquidity provider(s) for matching and filling.
And even some of so called 'TRUE ECN' brokers will do internal matching without ever telling you they do so!
Every trade that is less than 0.1 std lot definitely goes through at least of one level of internal matching.

What I'm aiming at here is that it is fruitless to fight against a broker that can route, match and fill your orders as he sees best and it is not transparent what he is doing. And Market Makers have every right to do so!
Trading with real 'TRUE ECN' broker means that you can have both positive and negative slippage.
But as I said trading less that 0.1 lots means that you are not trading market prices directly but using some internal matching pool between you and the markets. And typically you have to pay for that because trading is not free and it is the customer who pays for his trading in one form or an other. It is better if prices are transparent but you have to accept that some brokers prefer to hide their prices so that it is difficult to see them or even estimate how much he is taking from you.

As long as you loose more than you win it is better to use retail Market Maker because he will provide you the best execution of your orders. But notice that if you switch to real 'TRUE ECN' broker your robot might not perform well at all because prices behave very differently. This is especially true for scalping robots.

When you know what you (your robot) do and you know what your broker do then ask/bid pricing should be no issue.
You just have to play with the markets - not with your broker!
Being Bearish or Bullish Makes No Difference
Membre depuis Jun 26, 2012   posts 192
May 05, 2013 at 15:33 (édité May 05, 2013 at 15:34)
let me answer ur questions first i got market execution, then that supports his claim by being STP broker.
i dont use any robots am doing only manual trades, using the built-in pending orders and trail stops ( thats only in case of scalping style trading), though i think he do some manipulation but i could beat his ass last month with around 100% gain.

now let me comments in ur reply!

for me i never trust a broker! even not the so called true ECN ones, since u never know what really happening in their back doors u cant trust therm! i only trust what i can see with my naked eyes! which is impossible when we r talking about any broker in the world! u will never see their back doors! so for me... am prepared for their cheats n i consider it as some business risks... every business in the world has some risks... but for u in forex to consider broker cheats as a risk, it will save ur time n let u relax n focus in better things!

but.... n its a big but!

its not a matter if i make money... or if i trust my broker...

i cant be so easy when am talking about my money!
if i can make sure for a certain level ( in my case here, i only want to see the tick data) that i had been cheated, or i lost while i can prove that i didnt loose... why not!

i hope i made my self clear!

thanks for ur contribution...
Membre depuis Jun 26, 2012   posts 192
May 09, 2013 at 13:41
so my broker tell me.... sometimes u will find price stops at certain levels.... but they will be unable to fill my price at that price stop level... since they have no enough liquidity...

basically they r matching client orders at liquidity provider...

so if u buy... we need to find some sell at that level...

what do u think guys?!
Membre depuis Mar 28, 2011   posts 86
May 09, 2013 at 14:16
As I said Market Makers can do what ever to their prices (or filling you orders) and its perfectly OK in this business for these kind of brokers.
If you are not satisfied you can try to find a better broker, that's your option.

I've run one robot for 2.5 months with REAL ECN broker (~1500 trades) and never got single error in execution or fills.
On the other hand I've got bad experiences with several other brokers that regularly make their clients loose money one way or another.
Worst are those that never get caught in it.
Being Bearish or Bullish Makes No Difference
Membre depuis Jun 26, 2012   posts 192
May 09, 2013 at 15:28
any other help guys?
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