Can someone please post the directions for the set up of AutoTrading MCFX Pro with FXCM?
Questions Include:
1. Can this be done with an FXCM demo account, or only a live account?
2. Where can i download the correct version of Order2Go to be used with MCFX Pro V. 1.0.978.1067?
3. Does MCFX offer printed directions for this setup? If so, where can I find them?
Thanks
AutoTrading MCFX Pro with FXCM
-
- Posts: 1
- Joined: 25 Sep 2007
- Marina Pashkova
- Posts: 2758
- Joined: 27 Jul 2007
Dear John,
1. You can use MCFX with FXCM demo account.
2. The link for downloading Order2Go and well as the instructions on setting up autotrading with FXCM can be found below:
1) Install FXCM API from http://www.fxcorporate.com/Order2Go/FXOrder2Go.EXE
2) Go to MCFX.
3) Apply a strategy to a chart.
4) Access Format Objects window.
5) Select Signals tab.
6) Click Properties.
7) Select Auto Trading tab.
8 ) Check Automate order execution.
9) In the confirmation window appeared carefully read the agreement and click Yes if accepted.
10) Check Require order confirmation for manual order execution.
11) Uncheck Require order confirmation for automatic order execution.
12) In the Audio Alert area set audio alerts if required.
13) In the Properties tab, Fixed Shares/Contracts enter 100 000 or a multiple
14) Click Ok
Best regards.
1. You can use MCFX with FXCM demo account.
2. The link for downloading Order2Go and well as the instructions on setting up autotrading with FXCM can be found below:
1) Install FXCM API from http://www.fxcorporate.com/Order2Go/FXOrder2Go.EXE
2) Go to MCFX.
3) Apply a strategy to a chart.
4) Access Format Objects window.
5) Select Signals tab.
6) Click Properties.
7) Select Auto Trading tab.
8 ) Check Automate order execution.
9) In the confirmation window appeared carefully read the agreement and click Yes if accepted.
10) Check Require order confirmation for manual order execution.
11) Uncheck Require order confirmation for automatic order execution.
12) In the Audio Alert area set audio alerts if required.
13) In the Properties tab, Fixed Shares/Contracts enter 100 000 or a multiple
14) Click Ok
Best regards.
-
- Posts: 12
- Joined: 03 Feb 2008
Automated trading execution via FXorder2go
Hello, I have place an automated order execution within MCFX PRO to an FXCM practice account, my question is regarding point:
13) In the Properties tab, Fixed Shares/Contracts enter 100 000 or a multiple
The FXCM demo account is a micro account, I entered 1 fixed shares/contracts in the properties expecting the code to but 1 lot (1k) of the micro demo account, however its buying 10 contracts for each signal. How can I fix this?
Thanks
13) In the Properties tab, Fixed Shares/Contracts enter 100 000 or a multiple
The FXCM demo account is a micro account, I entered 1 fixed shares/contracts in the properties expecting the code to but 1 lot (1k) of the micro demo account, however its buying 10 contracts for each signal. How can I fix this?
Thanks
- Marina Pashkova
- Posts: 2758
- Joined: 27 Jul 2007
Hi Paul,
MCFX cannot trade micro accounts yet.
If you have 1 (or a multiple) set for Fixed Shares/Contracts in the strategy properties, mini ($10,000) lots will be traded. If you enter 10 (or a multiple), standard ($100,000) lots will be traded. At the moment, these are the only available options.
Best regards.
MCFX cannot trade micro accounts yet.
If you have 1 (or a multiple) set for Fixed Shares/Contracts in the strategy properties, mini ($10,000) lots will be traded. If you enter 10 (or a multiple), standard ($100,000) lots will be traded. At the moment, these are the only available options.
Best regards.
when is it possible?
I just started to trade with micro account.
Same situation happened to me.
When can we make an order of micro size?
Same situation happened to me.
When can we make an order of micro size?
-
- Posts: 1
- Joined: 31 Mar 2010
- Stan Bokov
- Posts: 963
- Joined: 18 Dec 2009
- Has thanked: 367 times
- Been thanked: 302 times
Re: AutoTrading MCFX Pro with FXCM
You can use either the Sim or the Live account, it's up to you. The data will be supplied regardless, it comes from our data servers (which originally are fed by FXCM).
-
- Posts: 310
- Joined: 02 Nov 2010
- Has thanked: 26 times
- Been thanked: 23 times
Re: AutoTrading MCFX Pro with FXCM
I would like to recive more accurate information about the feed, because if i trade by fxcm, I want avoid different esecution from data on feed from the broker,
My best.
My best.
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
- Been thanked: 2957 times
Re: AutoTrading MCFX Pro with FXCM
FXCM data is stored on our servers. Bids and Asks are based on Retail spread.
If you have an account with a better markup-the prices may be different from broker.
If you have an account with a better markup-the prices may be different from broker.