Jump to content
  • 0

PRT Demo forward testing hopeless since IG server problem


Vonasi

Question

Back on the 9th August IG's demo server crashed or was accidentally switched off and all demo strategies running live in PRT were stopped and orphaned trades were left on the market. Since then not a single one of my end of day or end of week strategies across three demo accounts have opened a position. It took a few weeks to realise this was happening and I reported it to IG/PRT immediately I noticed - yet it is still not fixed.

Now I have found that two of my shorter time frame strategies that appeared to be working normally now have orphaned trades. They were shown as being under ProOrder control but had not been closed despite the exit conditions having been met on several occasions.

From my communications so far I understand that these issues are down to IG and not PRT.

To have no auto-trades opening when they should have for 40 days is completely unacceptable even if it is just on demo and then the icing on the cake of now having the shorter time frame strategies not closing trades is doubly unacceptable.

IG might think that demo is unimportant and low priority but traders use demo testing to decide what to trade live. I have now waited 40 days without being able to compile any test data or make any decisions on my strategies. This appalling level of service in fixing these IG /PRT demo major issues is ultimately costing IG money and potential customers.

Can someone from IG please confirm when (if ever) end of day/end of week strategies will ever be working again on PRT demo?

 

Link to comment

6 answers to this question

Recommended Posts

  • 0

As a moderator on the ProRealCode forums I am in regular communication with Nicolas and from his communications with PRT I was under the impression that the issue was on the IG side of things and was out of the hands of PRT. The problem only started exactly at the same time that the IG demo server crashed/got switched off so this seems most likely to be correct.

Generally if a problem on PRT demo takes forever to get fixed it is due to IG's lack of priority to the demo side of things but 40 days of end of day/end of week strategies not opening trades in ProOrder is beyond comprehension.

IG need to put more priority to this major fault even if it is only demo.

Link to comment
  • 0

49 days now since the IG demo server crash and still no end of day or end of week strategies opening live positions on the PRT demo platform.

Rome wasn't built in a day but I suspect it would never have been built at all if IG and PRT were tasked with getting it done.

49 days is beyond joke for such a major bug. Add in all the other bugs that are being reported recently and I imagine confidence in the IG/PRT relationship is at an all time low for most users who develop strategies and test ideas using the PRT demo platform.

Testing is about building confidence - but how are we supposed gain this if the platform never opens trades - even after 49 days of waiting!?

Link to comment
  • 0
On 26/09/2018 at 12:32, Guest Guest x said:

You get what you pay for?

Live trading using proorder works fine, and i suppose they are working hard with other things thanks to ESMA?

 

Working hard looking for a new boss for IG? I'm not surprised that he jumped ship. It is now 56 days and there is still no fix for this major bug.

IG told PRT it was fixed on the 26th September and all I needed to do was stop and restart my strategies. I did - twice - it still does not work, it is now 4th October and the fault started on 9th August!

It is great to hear that it works on live accounts but a working demo platform is needed for forward testing of auto-strategies before putting them live. How IG expect confidence in their live trading when demo and the customer service that goes with is so appalling is beyond me. 

Those of us who want to auto-trade go through a basic set of development stages:

1. Write a strategy.

2. Back test it.

3. Forward test it on out of sample data using live spreads and fees.

4. Put it live if it works as expected - bin it if it doesn't.

Without being able to do stage 3 then we can never reach stage 4 and this is costing IG income.

Link to comment
  • 0

Hi Vonasi,

This is Despair. Are you still stuck with PRT? Don't you see what is going on? Nicolas is as usual blaming all on IG while it is probably PRT that screws up.

I can only recommend you to leave PRT and use IG's API instead. This will generate quite some work in the beginning but it is worth it!

My life has become so much better since I stopped using PRT. You have so much more possibilities and are not exposed to PRT's permanent errors (you are lucky now that all this affects only your demo strategies but going live with proorder is not much better - continuous errors that finally will result in financial loss and PRT not taking responsibility will not compensate you).

I earn significantly more money now compared with what I did with PRT and I'm running the same strategies!!

  • Thought provoking 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Posts

    • Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame.      
    • US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy.   The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish?   Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.        
×
×
  • Create New...