Again 6 (!) strategies stopped!
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wow, I switched to a 1hr timeframe and adjusted the averaging period and running with 5k instead of 100k points gives very similar results but runs MUCH faster (10secs instead of 3-4mins) – excellent, thank you both! I will be able to make much faster progress now. FYI I’m playing around with a double MACD strategy, using averaging periods of 1day, 20days, 40days. Seems to catch trends easily. And I’m using position sizing using the positionperf indicator which works ok. Target profit allows me to increase position size mid-trend. Position sizing makes a big difference to results. Makes more profit when things are going well, and keeps it low-risk when things are not. I’m also playing around with analysing the equity curve but not so successful yet. I will start reading about this on other parts of prorealcode. I think position sizing is the way forward.
@despair thanks for your advice about profit levels. I guess the new ESMA rules will mean that to make the same amount of profit, I will need to put more into my account (reduced / increased margins). I’ll need to backtest my strategies with reduced leverage to see what I might be able to achieve. And yes I won’t use more of my savings than I could live without. During backtesting there are times when the strategy loses significantly before it recovers. I guess in real life this would be a stressful and depressing time, so I want to develop position sizing to try to minimise these losing streaks.thanks to you both – I will be able to start making faster progress now 🙂 and I’ll park the Matlab project for later
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Hey there Pieter,
Forget it. Nothing will be solved ever. Btw, there’s a topic with annoying things in which I / we mention all the variations of Stopped Systems. There are more reasons then you see in there (I often don’t have the time to post them) and all I can say is : it just is so.
- Learn to live with it;
- Know that Demo is much much worse than Live (trust me);
- Invest your time (and some times little money) in finding out the cause, knowing that most can be avoided once you know what the cause is. It takes several months throughput.
The most annoying is the Stop Distance messages because they are plain and idiot IG “bugs”. You can’t do a thing about them. They often happen at similar times of the day (mind you, what you see below is Amsterdam time).
With these errors, as far as I found, this is IG going over to “manual mode” and what they do is deliberately set this stop distance that far, so nothing will happen in their systems (all is rejected) so they have more easy times with hedging their own stuff. The ridiculous part is that it is PRT which can not cover for it. I will admit : this is not easy to do (how to recognise the situation), but meanwhile they just don’t deal with it. The number of tickets opened for this (by me) is countless, but they just don’t do anything about it anyway. My last ticket is from I think two weeks ago.Tbh I had to laugh when reading the first couple of posts by the topic starter. Totally nothing has changed since, and all we can (better) do is smile and live with it. But key is indeed : the time investment is ridiculous and you can’t go back. Thus control it. It really is the best advice (me thinks).
And oh, you may have far away hopes for IBKR and Autotrading; assumed this will work out after all (re your other post elsewhere), you will have very similar problems there but worse. Why worse ? well, because IBKR is well “under control” of PRT and PRT can’t accomplish one single thing with them. Here too it is IBKR who messes up, but it is soooo easy to counteract the issues (again, trust me) that it is completely visible that just nobody does a thing. I would count my number of tickets regarding IBKR and this area of faults on … over 200.
The worse part of this (IBKR) is that now, with AutoTrading live the very same issues happen which also happen with Manual Trading (status of last order is unknown and that kind of sht). With Manual Trading I learned to live with it (easily), but a newcomer will lose money over it. With Autotrading it is different, because now the System is Stopped once again. Same thing as with IG but worse because it goes wrong more easily with IBKR.No Ulrikes need to write and no Elviras need to be blamed. They are only puppets who are actually in the same ballpark as we are. The difference could be that we pay for a service and that they are payed to keep us satisfied.
Despite all this I am still having fun. One day though, this will go wrong and backfire to them hugely. This is because one day someone won’t lose 1000 over such a situation, but a bit more. That will be a nice day for a lawsuit. Despaired people will do that.
Again : it is annoying but don’t be annoyed. Live with it.
I had 18 Systems stopped yesterday
I’ve just found another / additional 19 Systems stopped … across 2 x Demo Accounts!
All were for – – ‘exceeds the number of retries’ .
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Ok, thanks all. IG contacted me today to inform me the server was down on Friday night into Saturday morning for some work on there side. As PeterSt comment, IG also advise that Live accounts will apparently be more stable. I did not know about it before but there is a web link that update you when IG servers is down. With this I can at least confirm or it is IG related if something go haywire again. Below for other users to use.
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IG Server maintenance regularly occurs after market close on Friday and is complete well before market opens on Sunday at 23:00 UK time.
IG Server maintenance was not responsible for my 37 System stoppages as they all occurred when the market was open on Friday morning 18 Feb 23.
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