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Yesterday, 14 October, 20:30 Moscow time, for an unknown reason connection was lost on the host side. This led to the failure of five servers with the client terminals of the participants. Terminals of Participants 630121-630320 are running on these servers.
Nevertheless, the Expert Advisors continued their work in a normal
mode, though there was no possibility to trade on the server.
October 15, 16:00 Moscow time, the work of the servers was completely restored, and all the Expert Advisors are back in the competition. MetaQuotes Software Corp. apologizes for this incident.
 Interview with Valery Mazurenko (notused)By the end of the first trading week, Valery Mazurenko (notused) with his multicurrency Expert Advisor ch2010 appeared on the top position. In this interview he shares his opinion about the role of mathematics in trading and explains why object-oriented approach suits best to writing multicurrency EAs. |
Jury Session Record of October 14, 2010After the first trading week, two participants from Belarus were discovered to have violated the rule of multiple registrations. The Championship Jury have made a collective decision to disqualify these participants. |
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Dear organizer of Championship,
The first sentence of your „Jury Session Record of October 14“ is:
„One of the main principles of the Championship is the guarantee of equal conditions for all participants”.
Your server failure from October 14 grossly disrupted this principal.
EAs of competitors 630121-630320 were not able to trade between October 14 18:30 CET to October 15 14:00 CET. Therefore conditions for all competitors were not the same during this time period.
EAs of some of them (include me) couldn’t close correctly their positions and then open new ones. Due to that I had big loss and my current balance is about $3000 less.
The only way how to retain your championship clear and fair is :
Run all EAs of competitors 630121-630320 again and update their balance and history.
If you are not able to rerun all EAs please run at least mine (630132) and update balance and trade history.
If you are not able to do that modify at least my balance to correct value ($13300).
With regards
keep championship clear and fair
JS4xDear Organizers,
As you can probably imagine, Ray the Random Robot™ is also extremely distraught at this unfortunate turn of events:
Here is Ray's version of those events.
We here at the Trading Gurus intend to do everything in our power to assist in obtaining acceptable restitution for the unequal conditions Ray and a number of other unfortunate participants in the ATC 2010 have been forced to endure.
What do the jury propose?
JimPurely as an observation, I think Metaquotes are stuck between a rock and a hard place with this one. On one hand, it obviously disadvantages the EAs that were running on those terminals, however I personally think that there is no easy way to recover from the outage.
The only method to put those EAs back into the same position as they would have been would be for Metaquotes to have stored tick data during that time period, and to code a suitable test environment that can recreate the exact conditions based on the tick data. Whether one or both of those is feasible is seriously questionable.
Then the only other options do not solve anything and potentially disadvantage the other contestants:
i) adding arbitrary amounts to the equity/balance would not be fair as it may exceed what would have been earned;
ii) manually inserting historical trade operations would be unfair as well: firstly it would be exceedingly difficult to recreate the original conditions, and more importantly any trades placed or closed during that time period may have resulted in a different trading pattern after the outage so any changes would have to look at not only the outage time but all time hence, i.e. the EAs are deterministic;
iii) pausing the other EAs for the same time period at a randomly determined time point would seem fair but given it is very unlikely market conditions would be the same, it is not a like-for-like disadvantage and could potentially be tipping the scales too far.
Again, as an onlooker it is definitely unfair on those affected, but I cannot see a way to resolve the issue without making matters worse.
Nothing to do.
In real life, you can lose internet-connection or electrical light and your account becomes unmanageable. What will you do?
Right - you must use stop-loss.
Nothing critical has happened. All EAs are working and it's good. One day does not solve anything.
Nothing to do.
In real life, you can lose internet-connection or electrical light and your account becomes unmanageable. What will you do?
Right - you must use stop-loss.
Nothing critical has happened. All EAs are working and it's good. One day does not solve anything.
In real life Ray runs on a VPS. In this fairy tale he was I assume running in some sort of simulated co-lo (SSSCL for short). If real money were involved on a real live account would you be quite so sanguine notused?
Alternatively would you be on the phone to your broker/co-lo provider demanding your money back?
Jim
In real life Ray runs on a VPS. In this fairy tale he was I assume running in some sort of simulated co-lo (SSSCL for short). If real money were involved on a real live account would you be quite so sanguine notused?
Alternatively would you be on the phone to your broker/co-lo provider demanding your money back?
Jim
Maybe.
it's only contest and nobody didn't lost money.
But force majeure can be come unlooked in real life.
For example, blackout. Or other...
Maybe.
it's only contest and nobody didn't lost money.
But force majeure can be come unlooked in real life.
For example, blackout. Or other...
There's 80,000 real live United States Dollars at stake in this contest.
Maybe somebody will end up losing some real live money as a result of this unfortunate incident?
Maybe it would have been enough to change their life forever?
JimIn real life Ray runs on a VPS. In this fairy tale he was I assume running in some sort of simulated co-lo (SSSCL for short). If real money were involved on a real live account would you be quite so sanguine notused?
Alternatively would you be on the phone to your broker/co-lo provider demanding your money back?
Jim
You may be on the phone demanding money back, but most brokers would tell you to go raffle yourself and will have contractual force behind such.
There's 80,000 real live United States Dollars at stake in this contest.
Maybe somebody will end up losing some real live money as a result of this unfortunate incident?
Maybe it would have been enough to change their life forever?
Jim
Ofcourse it is enough money to change peoples' lives, hence why most people enter. However, there is no entrance fee (Rules I.8) and you are specifically barred from raising a claim (Rules II.7); even if there was no such rule,. you would not be able to raise a legal claim as you have not sustained any loss. Any pretension on the prize fund is at the moment notional for all participants, quite how you can suggest someone will lose money is frankly beyond me.
Personally, I was somewhat irked due to MetaQuotes updating their terminal at the eleventh hour which broke the strategy tester on previous working code. At least three months work went into preparation for this, however that's life and in all fairness I should have been ready earlier.
Can you suggest a fair way to resolve your claimed disadvantage?
Hi allicient,
Ofcourse it is enough money to change peoples' lives, hence why most people enter. However, there is no entrance fee (Rules I.8) and you are specifically barred from raising a claim (Rules II.7); even if there was no such rule,. you would not be able to raise a legal claim as you have not sustained any loss. Any pretension on the prize fund is at the moment notional for all participants, quite how you can suggest someone will lose money is frankly beyond me.
Personally, I was somewhat irked due to MetaQuotes updating their terminal at the eleventh hour which broke the strategy tester on previous working code. At least three months work went into preparation for this, however that's life and in all fairness I should have been ready earlier.
Can you suggest a fair way to resolve your claimed disadvantage?
I wasn't suggesting anyone had a legal claim against the organizers, least of all Ray. I was rather hoping though, that in view of their fine words about a "guarantee of equal conditions for all participants" the organizers might have come up with a "fair" suggestion by now, rather than apparently just ignoring the issue.
JS4x seems to feel his "robot" lost virtual money because of the problem. Maybe by the time Xmas comes around a similar loss of virtual money might translate into a loss of real money for one or more of the contestants?
Jim