Myfxbook Autotrade

Mar 06, 2013 at 06:51
53,572 Views
943 Replies
Member Since Jun 20, 2016   1 posts
Jul 19, 2017 at 06:46
I have been using autotrading for a few months. I follow a variety of signals and I'm experiencing some quite big slippages in some of them. I think it is due to the broker. What tips do you have in terms of selecting the best brokers? What are the brokers that you use to follow AT Signals with minimal slippage?

Thank you.
Member Since Dec 19, 2015   7 posts
Jul 20, 2017 at 07:09
fverwey posted:
Does anyone know why Elite_PAMM is now no. 9,999,999th on the rating scale?
Admin, please.

Wouldn't it be great if AutoTrade decide to make a 'Notice-board' or similar way of short and exact information. That would remove a lot of guesswork from the users. Without any information, - one can only guess (and in 99% of the case the guess is wrong). But for some reasons AutoTrade have decided / expereinced that 'Silence is Gold' :-)
Member Since Nov 30, 2009   149 posts
Jul 20, 2017 at 13:47 (edited Jul 20, 2017 at 13:47)
I sencond that!

Also recently MFXB released a new settings for slippage configuration. I haven´t read any news post about this.

@Staff Could you please consider sharing more information about Autotrade updates with us? I think that for being MFXB customers we receive little information. Also an add-free MFXB app would be a great gift!

Thanks
exquisite entries with calculated exits
Member Since Jun 21, 2017   3 posts
Jul 21, 2017 at 12:41
i have ran a very profitable demo account in the last month... its too good to be true, so what should i expect to change when i open live autotrading account?

BTW any broker recomendations?
Member Since Nov 15, 2011   15 posts
Jul 21, 2017 at 12:45
IT would be great to see an option to have an account default slippage rather than having to change 30 instruments on each system
Ask me about professional custom eas
Member Since Dec 19, 2015   7 posts
Jul 24, 2017 at 06:46
bfis108137 posted:
IT would be great to see an option to have an account default slippage rather than having to change 30 instruments on each system
What exactly do you mean, - could you elaborate please ?
Member Since May 05, 2016   11 posts
Jul 24, 2017 at 13:05
ahmadagbariya posted:
i have ran a very profitable demo account in the last month... its too good to be true, so what should i expect to change when i open live autotrading account?

BTW any broker recommendations?

I also noted some exceptional performance on this demo account in the current month to date thus far.
See the attachments for comparisons (m/m) and the Top-6 takers for July, 2017.

PS: I have made some small amendments on trading volumes based on 'Multiplier' function, but not enough to spark such an outrage...
PSS: I also closed some trades by 'Lucky Pound' and 'Elite_PAMM' manually in order to (try and) maximise profit.

What are we to do as far as recommended brokers are concerned?
I do understand that it will discriminate against certain sponsors on this site, but we need some form of transparency in this regard.
Slippage remains an issue that has to be addressed!

Attachments:

Member Since Jul 18, 2015   24 posts
Jul 24, 2017 at 13:57
fverwey posted:
ahmadagbariya posted:
i have ran a very profitable demo account in the last month... its too good to be true, so what should i expect to change when i open live autotrading account?

BTW any broker recommendations?

I also noted some exceptional performance on this demo account in the current month to date thus far.
See the attachments for comparisons (m/m) and the Top-6 takers for July, 2017.

PS: I have made some small amendments on trading volumes based on 'Multiplier' function, but not enough to spark such an outrage...
PSS: I also closed some trades by 'Lucky Pound' and 'Elite_PAMM' manually in order to (try and) maximise profit.

What are we to do as far as recommended brokers are concerned?
I do understand that it will discriminate against certain sponsors on this site, but we need some form of transparency in this regard.
Slippage remains an issue that has to be addressed!

Demo always show a better result as compared to a live trading account. The major issue with live account and demo account is slippage. If you would like to start a live copy trade account, start with a small capital first and see how it goes. Currently I am using ICMarket and Pepperstone for trading. Probably you can take a look on those brokers.
What you do today determine what you become tomorrow
Member Since Jul 18, 2015   24 posts
Jul 24, 2017 at 13:58
I have no idea why I key in copy and it was hyperlink. I have no idea how to edit the previous posts. Anyone can help me? Thanks!
What you do today determine what you become tomorrow
Member Since Apr 23, 2017   16 posts
Jul 25, 2017 at 06:36
raise your hand if your a little over 'nightprofit-icmarkets' putting in a take profit which will actually result in a loss..

:S

should be called a 'take less loss' stop...

Member Since Jun 23, 2016   1 posts
Jul 25, 2017 at 14:53
Hi guys!
Strangely some of the trades are not being copied, does anyone facing the same problem here?

Member Since Apr 14, 2017   16 posts
Jul 25, 2017 at 14:57
What is the brokerage everyone using. I am using Pepperstone and also experiencing some issues with profit-turned-to-loss.
benbowu@
Member Since Aug 31, 2016   5 posts
Jul 26, 2017 at 00:44
lilawadee88 posted:
Hi guys!
Strangely some of the trades are not being copied, does anyone facing the same problem here?

I had the same issue. In my case the problem was my own. I copied a system with a fixed small lot. The system I copied used partial closes, so my position was closed on the first partial close, and the other partial closes - which show up as separate trades in the system's history - were not shown in my history. If a system uses partial closes it's hard to notice. You have to look at trades with the same open time and open price. That might be a sign it was one trade, with partial closes.

If that isn't happening in your case, try contacting support with the exact trades missed and let us know here what happened in your case.
Member Since Dec 20, 2011   17 posts
Jul 26, 2017 at 01:11
lilawadee88 posted:
Hi guys!
Strangely some of the trades are not being copied, does anyone facing the same problem here?


Yes. It happens sometime due to slippage issue, especially if you copy signals during certain market closing/opening hours where the liquidity is low. This is set by the system to protect your account so that your result won't deviate from the signal providers too much. There are new option added to the system whereby you can set your own allowable slippage. The default set was 3 pips, hence any signal with slippage larger than that will not be copied.
Member Since Dec 19, 2015   7 posts
Jul 26, 2017 at 06:40
arislan posted:
What is the brokerage everyone using. I am using Pepperstone and also experiencing some issues with profit-turned-to-loss.

Did any of you guys contact MyFxBook for explanation for missing execution ?
Mashallah
forex_trader_445428
Member Since Jul 19, 2017   90 posts
Jul 26, 2017 at 13:41
good results
Member Since Dec 20, 2011   17 posts
Jul 27, 2017 at 02:46
LOL! Just realized another crazy draw down for 'Asia'! Admin, please remove it from provider list so that there'll be no victim fall for this irresponsible signal provider.
Member Since Mar 21, 2016   2 posts
Jul 30, 2017 at 06:59
fssuccess posted:
I have been using autotrading for a few months. I follow a variety of signals and I'm experiencing some quite big slippages in some of them. I think it is due to the broker. What tips do you have in terms of selecting the best brokers? What are the brokers that you use to follow AT Signals with minimal slippage?

Thank you.

@fssuccess

Hummm mas até onde você respondia para os alunos, não gostava do AutoTrade, não era isso mesmo?
Member Since Apr 04, 2017   5 posts
Jul 31, 2017 at 12:05
Hello, what do you think about GBP Combo? Is this a martingale?
Member Since Aug 07, 2011   78 posts
Jul 31, 2017 at 12:21
teddy123 posted:
Hello, what do you think about GBP Combo? Is this a martingale?

it's an asian session scalper. very clear, after looking at it for 10 seconds.
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