Australian (ASX) Stock Market Forum

Go Markets any good for forex?

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Hi Chris

When Go brings online the price feed for the cfds will prices mirror the underlying cash index or futures index?

cheers
 
PR@GoMarkets said:
I think they have penalised me for my spelling mistake....
Click to expand...

Yeah, i thought that was funny when i read it. :)

Any plans for GoMarkets MT4 on the iPhone? A number of brokers are now offering iPhone versions of their mobile platform. The catch is always that you have to move your account to them. Would like to stay with someone i have some confidence in. But it's also very attractive to be able to trade when ever and where ever i am.
 
hyperseer said:
Hey Stormin! I think I worded it wrong... djc0 placed a trade and came back to it afterwards and saw that his stop was hit, even though the charts didn't reflect it... Chris responded that it was due to the charts only showing bid prices... I guess I meant to ask:

Is there was a way to see the ask prices when looking back at a chart after the trade in order to determine when your stop was hit?
Click to expand...

what would be really useful is knowing what the largest bid/ask spread has been on your instrument in the last 1/ 2/ or 24 hours..and when. Then you have an indication of where you need to put your stops to be safe...or move to another instrument. Is this possible?

Or would this be too much info for the bot programmers to take advantage of?
 
here's some code for spike protection:
if( SpikePipsMargin !=0) int timeminutes15 =15; total = OrdersTotal();
{
for(i = total - 1; i >= 0; i--)
{
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);

if(OrderType()==OP_BUY && OrderSymbol()==Symbol())

if(((TimeCurrent() - OrderOpenTime())/60) == timeminutes15 )
{
if (iClose( NULL,PERIOD_M15,1) > iOpen(NULL,PERIOD_M15,1)) //Bulls spike
{
if ((iHigh(NULL,PERIOD_M15,1)-iClose(NULL, PERIOD_M15,1)) >= ((iClose(NULL,PERIOD_M15,1) - iOpen(NULL,PERIOD_M15,1))*3.5) || ((iHigh(NULL,PERIOD_M15,1)-iClose(NULL, PERIOD_M15,1))> SpikePipsMargin *0.0001))
{
if (OrderOpenPrice() > (Ask+Bid/2 - 3*0.0001))
{
if(PrintComments) Print("15 minute spike order closed.");
glOrderClose();
}
}
}
else if (iOpen(NULL,PERIOD_M15,1) > iClose( NULL,PERIOD_M15,1)) //Bears spike
{
if ((iHigh(NULL,PERIOD_M15,1)-iOpen(NULL, PERIOD_M15,1)) >= ((iOpen(NULL,PERIOD_M15,1)- iClose(NULL,PERIOD_M15,1))*3.5)|| ((iHigh(NULL,PERIOD_M15,1)-iOpen(NULL, PERIOD_M15,1))> SpikePipsMargin *0.0001))
{
if (OrderOpenPrice() > (Ask+Bid/2 - 3*0.0001))
{
if(PrintComments) Print("15 minute spike order closed.");
glOrderClose();
}
}
}
}
}
Click to expand...
 
djc0 said:
So two different windows versions (SE and Pocket PC) but no OSX (i.e. iPhone) ... ? Unless i missed something. I guess what i'm asking is if they have a port of their mobile platform in the works for the iPhone.
Click to expand...

There is no MetaQuotes programme designed for the iPhone, however there is an application that someone has developed called 'Forex On The Go' which allows clients to trade on the iPhone.
 
We are still testing feeds. We are trying to ensure we can get a feed which replicates the market suitably, unlike some CFD feeds out there which can differ from the market significantly!
 
Hi Guys,

Just thought I would let you know that the testing of index feeds continues.

We are looking at launching a trading competition for clients before the end fo the year. We are happy to receive feedback on this and to perhaps see if that is something people would be interested in?
 
Does anyone know what the minimum stop levels for Go are?

I am testing an EA tonight and am getting an OrderSend error 130 (not a wide enough stop). But when I check MarketInfo() I get StopLevel = 0.00000.

I am trying to place a short at a Bid = 1.49674, and the SL = 1.49855 (this is backtesting on Jan7).

I don't use a fixed point SL, it's set from the chart, but am happy to put a minimum stop level in, but Go don't seem to advertise it through MT4's MarketInfo function.

Any help appreciated.

Dave
 
SittingDuck said:
Does anyone know what the minimum stop levels for Go are?

I am testing an EA tonight and am getting an OrderSend error 130 (not a wide enough stop). But when I check MarketInfo() I get StopLevel = 0.00000.

I am trying to place a short at a Bid = 1.49674, and the SL = 1.49855 (this is backtesting on Jan7).

I don't use a fixed point SL, it's set from the chart, but am happy to put a minimum stop level in, but Go don't seem to advertise it through MT4's MarketInfo function.

Any help appreciated.

Dave
Click to expand...

OK, error is my fault (Take Profit set on the wrong side of the trade)

Still is there a minimum stop level with Go ?
 
PR@GoMarkets said:
There are no restrictions on where you can place your orders. You can have your stop loss/limit orders as close as you like!
Click to expand...

just a note to go. there's a nasty EA called fx genius which tries to take advantage of slower broker feeds to 'cheat' out a couple of pips from brokers which dont update their prices quickly.

id hate to have restrictions placed on all of us cause of that nasty piece of work. so keep an eye out for it.
 
SittingDuck said:
Does anyone know what the minimum stop levels for Go are?

I am testing an EA tonight and am getting an OrderSend error 130 (not a wide enough stop). But when I check MarketInfo() I get StopLevel = 0.00000.

I am trying to place a short at a Bid = 1.49674, and the SL = 1.49855 (this is backtesting on Jan7).

I don't use a fixed point SL, it's set from the chart, but am happy to put a minimum stop level in, but Go don't seem to advertise it through MT4's MarketInfo function.

Any help appreciated.

Dave
Click to expand...

is it because you are putting in the stop/take profit at the same time as the order? it needs to be done separately.

put the order in, then modify it with the stop/take profit.
 
Stormin_Norman said:
just a note to go. there's a nasty EA called fx genius which tries to take advantage of slower broker feeds to 'cheat' out a couple of pips from brokers which dont update their prices quickly.

id hate to have restrictions placed on all of us cause of that nasty piece of work. so keep an eye out for it.
Click to expand...

Thanks for the heads up on that! It is not an EA that I have seen clients using, or heard of for that matter. Luckily our prices are accurate and keep up to speed!

Obviously we are STP so it would not really matter to us, but hedging partners may not react too kindly.
 
Stormin_Norman said:
is it because you are putting in the stop/take profit at the same time as the order? it needs to be done separately.

put the order in, then modify it with the stop/take profit.
Click to expand...

That does seem to be the case for manual trades (haven't run a EA in live or demo that uses SL or TP yet).

Does that mean I need to wait for the order to be opened before I modify it, or can I modify while it is pending?

Can I place both a TP & a SL at the same time?

Chris, where would I find these requirements documented at the Go website?
 
I must say so far very happy with this broker, the only problems so far are ones i created.
Data feed is a lot better than i expected, even the "tick volume" appears to be useful.
Even changed my mind on MT5, after reading a bit about it on other forums.
Keep up this standard, and you should build a healthy amount of clients.
 

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