Forex
Google
New signals service!

Go Back   Forex Trading > Discussion Areas > General Discussion


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 04-09-2007, 05:06 PM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Thumbs down 1 pip between live and demo

I don't use EAs on a live account, so I did not notice this before, now I am testing and EA on a real live account and on a demo account at the same time, I did not know there is a 1 pip difference between live and demo account till today

Its not a big deal I just wanted to share this info
------------------------------------------------
Client Services : Hello, this is xxx. How may I help you?
you: hi, on the demo account I have my orders filled 1 pip before the real live account ? any reason why ?
you: same setup 100%
you: its just on the demo I got 1 pip of difference
Client Services : Yes, the reason is because with a demo account, funds aren't being sent to the bank to find another person to fill the other end of the order. But on a live account, your funds have to reach the bank and the other side of the trade needs to be filled too. This causes a possible delay when compared to a demo account.
you: thanks a lot
Client Services : Does that make sense?
you: kind off
you: still I thought a demo is 100% like real
Client Services : Basically the software on your platform automatically fills the order for a demo account because there isn't really a 'real order' to be filled.
you: make sense now
Client Services : But with the live account, when you place a Buy trade, the bank has to find somebody to fill in the Sell side of the trade.
Client Services : Ok, great...
Client Services : Is there anything else that I can help you with today?
you: and if I may ask ?
Client Services : Sure
you: this is the same with all brokers ?
you: I mean do you think its the same with other brokers
you: cause it has nothing to do with xxx right ?
you: its the way MT4 works
Client Services : Yes, it has nothing to do with xxx. It's just the fact that live orders need to be filled with both a buyer and a seller.
Client Services : On every transaction.
you: ok thanks for the info and have a nice day

------------------------
xxx is the broker name I have removed it
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience

Last edited by MiniMe; 04-11-2007 at 03:04 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 04-09-2007, 05:22 PM
Senior Member
 
Join Date: Jan 2006
Posts: 1,119
omelette is on a distinguished road
Interesting, haven't see this posted before. Makes sense though. Has there been any deviation from 1 pip or can the 'delay' referred to result in bigger differences?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 04-10-2007, 12:57 AM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Quote:
Originally Posted by omelette
Interesting, haven't see this posted before. Makes sense though. Has there been any deviation from 1 pip or can the 'delay' referred to result in bigger differences?
I am not sure on the long run, but the results on live and demo are not the same, on exit and on entry I got 1 pip difference.
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 04-10-2007, 02:23 PM
Member
 
Join Date: Feb 2006
Location: Afghanistan
Posts: 51
lexygoo is on a distinguished road
Quote:
Originally Posted by MiniMe
I am not sure on the long run, but the results on live and demo are not the same, on exit and on entry I got 1 pip difference.
Live trading and demo trading are not the same. It has been said many times before and especially with MT4. This 1 pip difference can turn a winning EA into a lossing one, especially with a scalping EA. But what can you do?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 04-11-2007, 12:56 AM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Unhappy

Quote:
Originally Posted by lexygoo
Live trading and demo trading are not the same. It has been said many times before and especially with MT4. This 1 pip difference can turn a winning EA into a lossing one, especially with a scalping EA. But what can you do?
I can see the results now on my live account and on the demo account, big difference and its only two days of tests, while some of the trades are closed on TP on the demo account, same trades are still pending on the live account .
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 04-11-2007, 01:12 AM
matrixebiz's Avatar
Senior Member
 
Join Date: Oct 2006
Posts: 1,159
matrixebiz is on a distinguished road
Quote:
Originally Posted by MiniMe
I can see the results now on my live account and on the demo account, big difference and its only two days of tests, while some of the trades are closed on TP on the demo account, same trades are still pending on the live account .
So then when you setup the same EA on a live account I should decrease my TP by 1 or 2 pips as to not loose it like what's happening to you? Keeping a tighter SL and TP
BTW - What EA are you trying live?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 04-11-2007, 02:07 AM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Angry

Quote:
Originally Posted by matrixebiz
So then when you setup the same EA on a live account I should decrease my TP by 1 or 2 pips as to not loose it like what's happening to you? Keeping a tighter SL and TP
BTW - What EA are you trying live?
The problem is that : some orders are filled on the right price, and most of them have 1 pip difference on both buy/sell and take profit, so overall its two pips not just one.

belive me it makes a hell of a difference, it does not matter what EA I am using any EA will give you the same results, try the same setup on real and on demo with the same broker and you will end up with more moeny on demo account and less on the real, thats because the orders are bought or sold with a 1 pip difference, so the order are being filled on demo while they will not be filled on live, and that changes a lot when you test an EA.

This can not be good at all, cause if you want to test an EA to buy it, specialy grid, martingale (10point3) or scalping EAs, you will have totaly different results when you try it on a live account.

Don't get me wrong the EA will place the right price, on both demo and live the problem is with the Chart it self, although both charts may look the same on live and on demo, but live chart will not place your order till there is a buyer or seller that will result in a 1 pip difference (98%) on both BUY/SELL and TAKE PROFIT / STOPLOSS
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience

Last edited by MiniMe; 04-11-2007 at 02:47 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 04-11-2007, 12:00 PM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Ok yesterday I changed the TP/SL and the BUY/SELL order on the live account trying to match the 1 pip difference on the demo account and I end up with totally different trades.

It seems that there is no way out of this.
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 04-11-2007, 10:29 PM
MiniMe's Avatar
Senior Member
 
Join Date: Nov 2006
Location: Montréal
Posts: 1,185
MiniMe is on a distinguished road
Backtest = ? Demo =? Live ?

[FONT='Verdana','sans-serif']I am sorry to disappoint lots of you guys but now I am 100% sure that demo live testing is not exactly like a live account, and for sure backtest is not like live account.[/font]
[FONT='Verdana','sans-serif']So if you ever want to test your EA or test a strategy you better off opening a 50$ mini account and test your system with a live account only.[/font]
[FONT='Verdana','sans-serif']The difference is really big between demo and live account. And no way to make them equal[/font]
__________________
Risk comes from not knowing what you're doing
Never argue with an idiot. They drag you down to their level then beat you with experience
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 04-11-2007, 11:49 PM
Member
 
Join Date: Aug 2006
Posts: 73
gpw797 is on a distinguished road
If it is always 1 pip worse then they gouging you a pip a trade. If it varies sometimes down a pip sometimes up a pip that would reflect real time variances of a time delay. Time to fill an order doesn't equal market always moves against you...
__________________
Smile.... Darwin loves you
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Post your demo/live/backtest screens lowphat General Discussion 2 06-14-2007 05:50 AM
IBFX - Live vs. Demo Results 67-17454 General Discussion 9 01-10-2007 12:33 AM
InterbankFX - Demo vs. Live Server EA problem jhernandez General Discussion 3 04-13-2006 06:10 AM
BronzeWarrior trades in live and demo treberk Metatrader 3 0 01-19-2006 05:26 PM


All times are GMT. The time now is 01:32 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.