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Just closed the Short on UsdChf (+305 pips) and a new record for AGIRE FX-5!
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[quote]rennydee posted:
Then, I asked about the way they calculate the DD in % and here is the answer:
"This is calculated by dividing the Max DD (as described above) by the number of total pips won. So if Max DD pips is 348 and total pips won is 5683, then Max DD% will be 6% (348/5683 = 0.06).
This statistic indicates how much of his profit the Signal Provider has risked - e.g. if Max DD% is more than 100% that Signal Provider could have potentially lost more than what he has earned so far. The less it is, the less risky the Signal Provider can be considered."
[/quote]
That lo......
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I just had an interesting chat with Zulutrade live assistant about the way Zulu calculates the max DD.
This is the example they gave me:
"If at time 00:00 a Signal Provider has 5 open trades, 4 winning, 1 losing 5 pips, the DD is 5 pips.
If at time 01:00 you have 5 open trades, 1 winning, 4 losing 5, 10, 15 and 20 pips respectively, then DD is 50 (5+10+15+20) pips.
If at time 02:00 you have 5 winning trades, then your DD is zero."
So the DD is only on open positions!
Then, I asked about the way they calculate the DD in % and here is the answer:
"This is calculated by dividi......
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And the system is currently flying on new performance record high too!
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New record for AGIRE FX-5: position n.17 on Zulutrade ranking!
And $4,817,555.24 total balance of LIVE accounts!
http://agirefx.zulutrade.com/TradeHistoryIndividual.aspx?pid=28250
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At the following link, there is AGIRE FX-5 stats before the switch to the current AAAFx MT4 platform: http://www.myfxbook.com/members/rennydee/agire-fx-5-see-new/65814
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New highest position in Zulutrade ranking for AGIRE FX-5: 57th position.
http://agirefx.zulutrade.com/TradeHistoryIndividual.aspx?pid=28250
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AGIRE FX-5 system is the choice of institutional investors! See the total balance of LIVE accounts: http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=28250
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The system has an average of 60 trades per month.
No scalping.
Money management is different for each pair.
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Remember to set the cross on Zulutrade in the following way: EURGBP 3, GBPSUSD 1, EURJPY 1, EURCHF 3, USDCAD 2, NZDUSD 2, USDCHF 3, EURUSD 1.
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