NumberOne Impulsive Scalper

[jonpearce]

jonpearce,

Thank you for sharing your data.
Could you explain the losing trades on May 24 and May 17 with EURUSD?
http://www.myfxbook.com/members/jonpearce/jonpearce1/272518
I don't see those trades in Lorenzo's record.
http://www.myfxbook.com/members/Lorenzo/numberone-impulsive-scalper/218855

I use both NO1 scalper ea and NMI SS in my portfolio.

NO1 will take trades when NMI SS doesn't and vice-versa. The additional pairs that NMI SS trades makes for an effective diversified strategy IMHO.

Throw in MDP at low risk and you will see it trade when the other two don't and vice-versa.

The minor differences in the strategies used by each ea make for an interesting and diversified trading portfolio.

Just be aware of major news events like NFP when they can all fire at once and use sensible risk and money management 

Primus is a fickle best! There is little rhyme or reason with trades varying between accounts with the same settings on NO1. You can be switched from the UK server which I use to an Asian server. Some traders use the US server. It could be for any number of reasons. I get trades the vendors account doesnt show and vice-versa. Sometimes they make a few more pips, sometimes I do.
I have seen some of the fastest execution times I have seen with any broker on Primus......sub 200 m/s. I have also seen the worst.........12 seconds!
With Primus it is just a matter of finding something that works and hoping it stays that way long enough to make a reasonable profit.
I use Beeks London vps exclusively while I believe the vendor uses CNS so this could be part of it also.

[pitagora]

anyway you could force MT4 to stick to one server? I know fxprimus's "official" server is in the US. Randomly jumping to London and then Asia is a disaster in terms of execution.

What is the official advice? Where should the VPS be for an FXPrimus account?

[Kevin @ FXPIG]

Unfortunately the 'server jumps' are hard coded into MT4. You can go into tools and options and un-check the auto configuration box while adding the IP or URL of the desired server where prompted...BUT...it may still auto connect if that server falls offline or experiences a packet loss at any point which can happen during normal market conditions.

As a broker it is a big catch 22, either you have only one server and risk downtime or you have multiple servers and risk increasing execution times when clients get auto connected after a drop.

Cheers,

[jonpearce]

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No1 has a function that periodically scans the available servers for the best ping. I actually set this to false in an attempt to remain on the UK server, which is the main server btw; not the US server. My trades that had been pretty much on par with the vendors trades turned south so needless to say I set it back to true. The old adage of 'default settings are best' applies strongly to NO1. The only change I make from default is to set spread compensation to True. Not every broker has the tight EU spread that Primus has (the commissions are the killer!) so I feel this is a wise choice.

The general consensus  in the NO1 forums is that there is very little difference in performance between the Primus UK and US severs. A good NY or London vps will do the job fine. I run mine on Beeks London Gold 2008.

[Josef]

Unfortunately the 'server jumps' are hard coded into MT4. You can go into tools and options and un-check the auto configuration box while adding the IP or URL of the desired server where prompted...BUT...it may still auto connect if that server falls offline or experiences a packet loss at any point which can happen during normal market conditions.

Thanks for sharing this information. I didn't know.

Would it be possible to look an EA to a specific trading server?

[swordfish]

Everybody with FXPrimus was missing trades yesterday due to failed connection on spikes, while The ProTrader was showing fantastic results with his "feeds".  Two different feeds, same broker?  Could someone enlighten me on this?

Regarding FXPrimus, I am afraid Kevin was right. Let's wait a few more days to see if the failed connection on spikes continues.

[aagarcia]

Everybody with FXPrimus was missing trades yesterday due to failed connection on spikes, while The ProTrader was showing fantastic results with his "feeds".  Two different feeds, same broker?  Could someone enlighten me on this?

Regarding FXPrimus, I am afraid Kevin was right. Let's wait a few more days to see if the failed connection on spikes continues.

And what do you think is going to happen at ILQ after this guy Spider-man spammed the thread?  Either he's the vendor or getting paid to spam boards.  Not saying No1 is bad, like I said it could be a very good scalper but careful following the Pied Piper. You know the ending..........

[hagenuk]

Everybody with FXPrimus was missing trades yesterday due to failed connection on spikes, while The ProTrader was showing fantastic results with his "feeds".  Two different feeds, same broker?  Could someone enlighten me on this?

Regarding FXPrimus, I am afraid Kevin was right. Let's wait a few more days to see if the failed connection on spikes continues.

Just FYI, these failed connection is not the first time. It happened to me last week and yesterday. And it is the third time for me this month that my account lost connection to their server via CNS NY and UK VPS during spike that favor NO.

During those time, other MT4 does not have any connection lost problem with other brokers that I'm using.

If this continues these few days,  I'm ready to go some where else. 

[swordfish]

Hi Spider,

Hi anjelo,

Thanks you enjoyed the 12 rounds of comparison.
I don't have an account with Pepperstone so I can't share a personal experience. However, it is a general experience with the NO users that FX Primus earns more pips followed by Pepperstone and LMAX. Having said that, Pepperstone and LMAX are also profitable. FX Primus feed is smoother and NO can breath on the price movement, and this environment is advantageous for NO even if the execution is not very fast.

Based on my personal experience, I would prefer FX Primus for small accounts as the leverage is 1:500 and is suitable for this impulsive scalper. Followed by Pepperstone if you prefer an Australian broker compared to the Republic of Mauritius 

For large accounts, go to the Institutional Brokers. ILQ in USA or the Primebrokerage Currenex in Germany.
Take note you can open USD 1000 and EUR 2,500 respectively for these institutional brokers. This is a custom feed especially for the SteadyonFx / NumberOne clients.

If you need more info, you are welcome.

regards,
Spider-Man

Spider-Man,

Do you know any myfxbook account using ILQ with SteadyOnFx feed?

[swordfish]

Just FYI, these failed connection is not the first time. It happened to me last week and yesterday. And it is the third time for me this month that my account lost connection to their server via CNS NY and UK VPS during spike that favor NO.

During those time, other MT4 does not have any connection lost problem with other brokers that I'm using.

If this continues these few days,  I'm ready to go some where else. 

Apparently your are not alone.  So, it is not your VPS or other setups. It is the broker.  FXPrimus' days are numbered.

[Bigsteve]

I completed the application for the IB version of NO and submitted whatever SO needed for the IB account opening last weekend.
So far I have not heard anything back from SO and I am unsure that US traders were welcome into this program

[hagenuk]

I completed the application for the IB version of NO and submitted whatever SO needed for the IB account opening last weekend.
So far I have not heard anything back from SO and I am unsure that US traders were welcome into this program

As far as I know their IB program(FxPrimus/ILQ/PrimeBrokerage) do not accept US citizen. Unless they have changed it recently.

Sent from my GT-I9300 using Tapatalk 2

[Bigsteve]

I completed the application for the IB version of NO and submitted whatever SO needed for the IB account opening last weekend.
So far I have not heard anything back from SO and I am unsure that US traders were welcome into this program

As far as I know their IB program(FxPrimus/ILQ/PrimeBrokerage) do not accept US citizen. Unless they have changed it recently.

Sent from my GT-I9300 using Tapatalk 2

Their IB accoount opening page accepted US citizenship on their form and completed it. I feel they could at least have sent me an email saying the application process needs improvement, or at least we do not accept US citizens. But don't just blow it off.

[compujock]

I completed the application for the IB version of NO and submitted whatever SO needed for the IB account opening last weekend.
So far I have not heard anything back from SO and I am unsure that US traders were welcome into this program

As far as I know their IB program(FxPrimus/ILQ/PrimeBrokerage) do not accept US citizen. Unless they have changed it recently.

Sent from my GT-I9300 using Tapatalk 2

Their IB accoount opening page accepted US citizenship on their form and completed it. I feel they could at least have sent me an email saying the application process needs improvement, or at least we do not accept US citizens. But don't just blow it off.

And we thank Dodd-Frank for this every day!  :-(

[Makeda]

Seriously.  xxxxxxxxxxxxx? please try to control your offensive language  and childish language  it really doesn't help your credibility   . This is about forex and money

Mod Note: Sexual content (quoted from previous poster) removed