arbitrage forex software trade monitor 3.7 exclusive user guide

58 Pages·2016·5.14 MB·English

by  Светлана Бережнова

TRADE MONITOR

Arbitrage Software

For Forex Expert Advisor

Newest PRO

Version 3.7 Exclusive

© 2009-2016

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INSTALLING AND CONFIGURING THE
PROGRAM TRADE MONITOR
ABOUT TRADE MONITOR PROGRAM

Trade Monitor 3.7 Exclusive - forex arbitrage software for import data feed from the largest liquidity
providers:
1. LMAX Exchange: https://www.lmax.com
2. SAXO Bank: http://www.saxobank.com
3. RITHMIC: http://www3.rithmic.com
4. CQG: http://www.cqg.com.
All world exchanges included in this data feed providers (CME, EUREX, NYBOT and etc.). You can use
data feed for futures and FX (FOREX), GOLD, Indices GER30, US30 and many others.
LMAX Exchange - is a revolutionary platform for trading FX and CFD, which provides access to
liquidity institutional level. Now you can use ultra-fast quotes and find more arbitration situations into
your broker. For receiving of data from LMAX Exchange Trade Monitor program uses API connection
(Fix Protocol).
The second liquidity provider SAXO BANK -The European Investment Company with BANK status,
which is today a reliable online broker purchased thousands of private traders and investors
worldwide. For quotes from SAXO BANK, the method of reading data from the windows Software
called SAXO Trader. "Forex Orders", "CFD Orders", "Futures Orders" via API technology. FX, Spot
Commodities and Indices - All of these tools you can use to trade on your broker.
The Third Liquidity Provider is CQG. CQG global market data is fast, accurate, and reliable. The high-
speed, consolidated market data feeds deliver real-time and historical data from over seventy-five
global sources. Ongoing innovation in data management and transmission technologies enables us to
deliver ever-increasing market data volumes. Dedicated teams of specialists in five locations across
the globe actively maintain data quality.
Trade Better, Trade Faster. Low Latency Trading with RITHMIC. RITHMIC is an Independent Software
Vendor (ISV). RITHMIC’s R | Trade Execution Platform™
provides market data from routes orders to the world’s principal exchanges, numerous regional
exchanges and other trading venues.
With Trade Monitor 3.7 Exclusive program you can check your ping of the broker and ping of liquidity
providers. The lowest ping will allow you to get quotes at lightning speed and reduce re-quotes by
your dealing center. Enjoy all the benefits of the new forex program Trade Monitor 3.7 Exclusive.

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SELECT AND BUY YOUR VPS OR DEDICATED SERVER

You must use the VPS for trading advisor. Select your VPS server
Best VPS and Dedicated servers for arbitrage:

BEEKSFX VPS FOR ARBITRAGE HFT TRADING
http://beeksfx.postaffiliatepro.com/scripts/03guu9wacx9?a_aid=777&a_bid=887c869d

FXVM VPS FOR ARBITRAGE TRADING
https://fxvm.net/portal/aff.php?aff=565

CLOUDSPASE UK (LONDON) DEDICATED SERVERS
https://my.cloudspaceuk.co.uk/?affid=21

FOREXVPS.NET VPS FOR ARBITRAGE
https://www.forexvps.net/portal/aff.php?aff=117

ULTRA FX VPS (CROSS CONNECTION TO LMAX):

Premium Alfa Package for 1 month 1.5 GB RAM + 2 VCPU cores + 20 GB SSD £48.00:
https://secure.avangate.com/order/product.php?PRODS=4643371&QT%20Y=1&AFFILIATE=8844
Premium Beta Package for 1 month 3 GB RAM + 3 VCPU cores + 30 GB SSD £94.00:
https://secure.avangate.com/order/product.php?PRODS=4643375&QT%20Y=1&AFFILIATE=88446
Premium Gamma Package for 1 month 5 GB RAM + 4 VCPU cores + 40 GB SSD £151.00:
https://secure.avangate.com/order/product.php?PRODS=4643379&QT%20Y=1&AFFILIATE=88446

WHAT PARAMETERS VPS SERVER TO CHOOSE FOR THE EFFECTIVE OPERATION
OF THE ARBITRAGE SOFTWARE TRADE MONITOR?
Use LD4 London location VPS for Lmax and Saxo data feed
Use New York or CME location VPS for Rithmic and CQG data feed

CPU: 2.2 GHz or higher (one or more processor cores).
2 GB of RAM or higher (more RAM, the more terminal MT4 you can run).
HARD DISK 50 GB or higher.
INTERNET high-speed unlimited.
OS (Operating System) Windows Server 2008 SP 2 is the most optimal for the advisor.
The average cost of VPS $ 60 per month.

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WHY IS LOW LATENCY IMPORTANT TO FOREX ARBITRAGE TRADERS?
Slippage can be partially or completely eliminated with low latency. Faster order execution means
that orders have a better chance of being filled instantaneously when they are sent. Trading with a
forex VPS can significantly improve trading results compared to trading from a home or office PC.
Expert Advisors and automated programs depend on low latency. Automated trading programs
like MetaTrader 4 EAs depend on receiving signals in real-time, and sending orders with the fastest
execution speeds possible. You can significantly improve the performance and reliability of EAs, and
other automated trading strategies, by running them on a remote forex VPS.

WHAT IS ARBITRAGE SYSTEM

Arbitrage - A trading system based on a backlog (delay) of quotations. To work successfully the
advisor need faster data feed agent and slow broker where data feed lag. Data feed lags occurs
because the operation of the software error broker and problems on its server. Just broker can use the
bridge (Bridge), which connects it with the liquidity provider. In this way, data feed may also be
breaking. Especially strongly noticeable difference in data feed for large volatility market at the time
of the release of important news, analysts rating agencies, changes in economic data, and so on. Lag
occurs data feed on most brokers using Meta Trader 4 trading platform, Meta Trader 5, cTrader. These
terminals are not perfect, thereby connecting quotes adviser Newest PRO directly to the Exchange (via
the Trade Monitor) we get the advantage of allowing for 100-300 milliseconds learn price before it
will appear in the terminal broker.
Program Trade Monitor is connected to the Today’s four fastest data feeds RITHMIC, CQF FX, LMAX
Exchange and SAXO Bank. To work with each of them, you will need to open a demo or live account.
Adviser Newest PRO receives Data Feed every millisecond from the program Trade Monitor 3.7 and
compares them with the prices of the Broker account in terminal. When there is a backlog of data
feed, starts of trading expert algorithm Newest PRO, allows obtaining the maximum profit from each
signal. The following Photo Below describes the basic concepts and necessary knowledge of working
with arbitrage advisor Newest PRO.

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CLIENT LOGIN

For use of Trade Monitor 3.7 Exclusive software you need to activate license and you have to get
register your VPS or PC. For this you need:
1. Install vc_redist.x64 and vc_redist.x86 (Microsoft visual c++ redistributable package for visual
studio 2015) and NDP452-KB2901954-Web (Net Framework 4.0 or above) from the folder
named (Setup files)
2. Then open Folder named (Trade Monitor 3.7 Exclusive) then install Trade Monitor. After
Installation Run TradeMonitor.exe From the Icon appear on Desktop.

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3. Come up your username and fill in the "Client Name" (You have to use only your email
address)
For example:
[email protected] for VPS 1
[email protected] for VPS 2
[email protected] for VPS 3

4. After Entering of username Click the button below "Send Application"
If all goes well, you will see a message

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5. Once our Customer Support Admin will check your request, you will be able to sign in with
your login (from 5 minutes to 1 day).
6. You Can Also Contact Our Customer Support Admin through Skype or Email about your license request
activation.
7. Skype: group.westernpips
8. Email: [email protected]
9. If you see another message, please try again. If you have still problems, please contact us.

10. If you already received mail about your login activation (admin say ―Your login active now), you
can use Trade Monitor software.
Click "Login to Trade Monitor" button

How to change a user name if you forgot it, or replaced VPS: It is necessary to send an email to
[email protected] with a request to deactivate an old user name. After that, Admin will
delete old username and Admin will send you an email that your old username is removed. Now send
a new license request for registration and then inform to Admin about New Request or wait for the
answer of the Admin (from 5 minutes to 1 day).

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The cost of the one additional VPS license is $300 (you can get max 3 licenses). If it is necessary more,
the overall cost is paid. Check your tariff plan for learn more about the number of license that you can
use in same time.
TRADE MONITOR MAIN WINDOW

If your license is okay, you will see the main window of the Trade Monitor program.

Here you will see a button bar on the left:
"Saxo" - Start data feed from Saxo Trader.
"Lmax" - Start data feed from Lmax Exchange.
"Rithmic" - Start data feed from Rithmic.
"CQG" - Start data feed from CQG.
"?" - Open the user guide.

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Also here you will see the current version of the program and your user name.

PING IP

On Ping tab, you can check your ping with any site and IP address. Enter the IP address and
click the button ―Ping IP‖.

You will see how many milliseconds is your ping. Then smaller to smaller value, the better.
The Best Ping this 0 milliseconds!!!
We recommend to use cross connected dedicated servers for the best results in arbitrage
trading and for fastest ping to your broker and data feed providers.

HOW TO USE WESTERNPIPS FEEDER

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NEW!!! Now all our customers can use our own data feed with real accounts of LMAX and RITHMIC.
We provide the data feed at frequency 2 milliseconds.

You can find ―Use Server Feed‖ option in Trade Monitor 3.7 Exclusive program. Only click here and
start LMAX or RITHMIC monitor. No need enters login and password.

HOW TO CHOOSE INSTRUMENTS FROM LIST

NEW!!! The new version has the ability to customize and choose the instruments for the trade that
you need. If you do not want to use any of them instruments, simply remove it with a tick. You can

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