SharePosts by soulfire
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Some brokers such as Instaforex deposit trading rebates directly back into the trading account.
At present myfxbook reports these payments as new investments in the Deposit amount and are not counted in the Profit amount. So instead of INCREASING the investment return number, the rebate payment is displayed exactly opposite - as DECREASING the overall return.
These payments can end up as significant amounts and make tracking these accounts using myfxbook inaccurate and time consuming.
Could you amend your software so that Rebate deposits count as trading Profit and not New Investment......
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I agree this is a much needed and missing functionality. It would raise myfxbook analysis to the same level as other competitor services.
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Do you think the lack of robustness is due to the unreliable constant server authentication or due to the code itself? I read also that FGT based the code off a free EA from a forum.
I have my eye on the new forex hacked which looks very interesting:
http://www.myfxbook.com/members/forexhacked/new-forex-hacked-professional/352554
I see 2 FH accounts you are running that look like hacked. Do you have the experience to compare FGT, Hacked and Envy? I'm looking to run Hacked, Envy and Zenx.
The only one I'm running live now is Zenx which seems solid but very slow opening 1 new trade every fe......
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Hi Arya,
how come this one blew? Were the settings default, and if not how were they different?
Thanks
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Hey Rob,
Is the 20 pip step switch your idea or from the FGT?
I have to decide whether to run this on pico, nano or standard/micro account. I tend towards wanting to stick with decent ECN brokers with better spreads and more reliable execution although that would probably mean 1:400 leverage.
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Hey Rob,
good luck with this.
Why do you say real cent acc is the only way? Do you think the 1:1000 leverage is critical vs standard acc with 1:500 leverage? Or is it the ability to trade in pip fractions which can't be done on a small standard acc.
Are you using default settings? If so you should be hopefully seeing a nice 30% a month here.
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http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047
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Hi Rob,
I see your grid trader is suffering a large DD. Your total DD is listed as 62% which is around double the official account DD of 35%.. Your current equity is at 67% while the official account is 99.96z5 current equity. Are you using default settings? Do you know what is causing the discrepancy?
Thanks
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It looks identical to this EA
http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047
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Hi Forexfast,
this chart looks identical to the chart from Forex Grid Trader:
http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047
Does your PAMM use that EA? Is your EA available to buy or only within the PAMM?
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